Are you wondering why invest in certificates of deposit if rates are so low? Funny you should wonder because CD rates rose significantly since the 2020 lows. In 2023, both CD rates and Treasury bond yields reached their highest levels since 2007. By Q3 2024, the Fed finally started to cut rates after multiple rounds […]
Why Invest In Certificates of Deposit (CD) When Rates Are So Low Read More »
Are you wondering how much you should have saved by age to gain financial independence? Well you’ve come to the right place given I achieved financial independence at age 34 in 2012 and have been writing about personal finance since 2009. Savings is the key to financial independence. But how much should you actually save
How Much Should You Have Saved At Every Age Read More »
So you want to be an angel investor. If you are a regular person with no edge and no connections, angel investing is not worth the risk. After 23 years of doing some angel investing, I believe you are much better off investing in an angel fund rather than investing in individual angel investments. This
Just Say NO To Angel Investing, It’s Not Worth The Risk Read More »
Let’s look at the banks with the highest savings rate so motivated savers can make the most money on their risk-free asset. Due to the coronavirus pandemic, the Federal Reserve cut the Fed Funds rate to 0% – 0.25% on June 12, 2020. The 10-year bond yield was also below 0.7%. By mid November 2022,
Banks With The Highest Savings Rate Post Rate Cut Read More »
Owning the right amount of life insurance is important to protect your family. The global pandemic has reminded us time and time again about our mortality and the importance of getting enough life insurance. If you haven’t done so already, calculate your net worth to assess how you did this past year. Hopefully, you’ve grown
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When it comes to your finances, everything is relative. To get ahead, you must outperform the average. If everybody is up 20% in their investments, have you really gotten richer? You have not. This post will discuss the average net worth for the above average person. Our goal is to outperform the average so we
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Ranking The Best Passive Income Investments helps you strategize on developing retirement income. Over the years, the rankings have changed because economic situations have changed. In this post, I’ll be ranking debt types from worst to best. When used appropriately, debt can help provide for a better life and make us wealthier. When used inappropriately, however, debt
Ranking Debt Types From Worst To Best Read More »
Uber finally went public on May 10, 2019 at $45/share with an initial valuation of roughly $82 billion fully diluted. They raised $8.1 billion in new capital during its IPO to fund operations. Given Uber lost about $1.8 billion in 2018, they certainly need the new capital. After the IPO, Uber will be able to
The Largest Uber Shareholders Post IPO Read More »
Risk tolerance is a funny thing. Most people think they have a higher risk tolerance than they really do. But the reality is, only when you are losing a lot of money do you finally realize what your risk tolerance truly is. I’d like to think that I’d be able to stay the course and
Your Risk Tolerance Is An Illusion: Wait Until You Start Losing Big Money Read More »
As someone who’s been writing about retiring early since 2009, I want to talk about the best occupations to make lots of money that will allow you to retire early. I personally wanted to make as much money as possible when I was in high school because I grew up in developing countries like Malaysia,
Best Occupations To Make Lots Of Money And Retire Earlier Read More »
