At least once a year, you need to do an asset allocation review. An asset allocation review will help make sure you have the proper risk exposure. In a bull market, the wealthy get way more wealthy than the average person. Even if your $300,000 portfolio is up 30% to $390,000 this year, that’s nothing […]
Asset Allocation Review – How Much Richer Do You Feel In This Bull Market? Read More »
We’ve discussed the curiosity of financial hoarding as well as one way in which to eradicate the disease by revealing our desires for public shaming. If we feel ashamed, we simply don’t spend as much money. Some folks found it a little strange that I find delight in getting judged for having spending desires. After
The Key To Happiness Is Saving More Not Making More Money! Read More »
The following is a guest post from reader, Erin Opalek. Erin is a married 30-something saver who engages in synchronized saving and other questionable leisure sports. She shares her personal finance advice for couples. Over the years, I’ve had a bunch of married friends express a desire to get their personal finances in order. Pretty much
If you want to get rich, own real estate. Never rent again because the return on rent is negative 100% every month. If you rent for life, you will never have the option of making money on your primary residence. At least if you own, you have a chance to make money or pay off
Why I’ll Never Rent Again And Neither Should You Read More »
After a year and a half of retirement life and speaking to dozens of early and traditional retirees, I’ve noticed one very alarming phenomenon. Retired folks can’t stop saving money! When I ask fellow retirees what they are saving money for, they can’t come up with an answer. Saving money is an unbreakable habit that
A Cure For Financial Hoarding And Over Saving Read More »
This post is an ode to endless perfect summers. For finding our ikigai and doing things we care about the most. The pandemic has really made me and hopefully you realize that time is precious. We most focus on doing things that are meaningful and that matter! Imagine standing barefoot on the sand just far
To Endless Perfect Summers Read More »
Investing is a journey that can be as adventurous as you want it to be. Some people can tolerate a lot of risk and jump at any speculative investment opportunity to try and strike it rich. Others take a lower risk, backseat approach and focus on passive investing instead of active investing. And some take
How To Know When To Take Profits In Growth Stocks? Read More »
Have you ever wondered how people can live in an expensive city on less than six figures? I wondered this all the time as someone who has lived in New York City and San Francisco for over 23 years. I first started my career in New York City as a financial analyst from 1999-2001 at
How Do People Live On Less Than Six Figures In An Expensive City? Read More »
Let me introduce you to the DVD rental method to CD investing. When we first bought our $1,200 HDTV six years ago, we told ourselves never to go to the movies again until we watched enough DVDs to pay for the purchase. Every time we went to the movies, we’d have to pay on average
The DVD Rental Method to CD Investing: The Only Way To Achieve Max Yield Read More »
Learning to be happy with what we have is on of the keys to long-term happiness. Money is only a tool to a better and happier life. Never forget this. Part of the reason why so many people are unhappy is because they are never satisfied. If you can find your ikigai, your “reason for
Learning To Be Happy With What We Have Read More »
