Ever think of your savings account as just a secure place to stash your cash? Sure, it’s great for keeping your money safe and curbing impulsive spending. But it can be so much more than that. With a bit of creativity and smart planning, your savings account can become a powerful tool for reaching both […]
Inventive Applications for Your Savings Funds Read More »
In last week’s newsletter, we discussed buying the dip. Now, we’ve nearly climbed back to all-time highs. With more benign inflation data (CPI 2.9%) and fewer unemployment claims, fears of a recession have subsided once again. However, the volatility we’ve experienced over the past month has introduced uncertainty into investors’ minds. You could say we’re
Newsletter For August 18, 2024: Almost Climbed All The Way Back Read More »
The latest stock market correction cost me about five times what I made consulting part-time for four months. If I were smarter, I would have sold 100% of my rollover IRA before stocks started to tumble, then bought back in several weeks later. Alas, I don’t possess such acumen. This experience got me thinking about
The Pointlessness of Working When Your Net Worth Is Declining Read More »
Starting on July 16, 2024, we had a mini-stock market crash with the S&P 500 declining from 5,667 to 5,186 by August 5, 2024 (-8.5%). The NASDAQ saw a larger drop, falling from a high of 18,647 on July 10, 2024, to 16,200 on August 5, 2024 (-13%). And the bloodletting might not be done
Stock Market Crashes Can Change Your Life For The Better Read More »
Starting at age 45 in 2022, I consciously started focusing on decumulating wealth. I realized that my life was likely half over, and I needed to start spending more to prevent dying with too much money. If I died with too much money, it would mean that I had wasted a lot of time and
How To Decumulate Wealth: A Practical Guide Read More »
With the election over and Trump winning, the political mudslinging and dirt-digging has subsided. But there was a time when being childless and loving cats was a big debate. Republican VP-elect JD Vance said this during a 2021 interview with Tucker Carlson: “It doesn’t make any sense that we turned our country over to people
The Economics Of Being A Childless Cat Lady Or Gentleman Read More »
U.S. Vice President Kamala Devi Harris and her husband reported more than $2 million in income on their 2018 federal tax return. The majority of their income came from her husband’s work as a partner at the law firm DLA Piper LLP. This article will go through Kamala Harris’ net worth. As a U.S. Senator,
Kamala Harris’ Net Worth And Income Are Lower Than You Think Read More »
Fundrise launched its Fundrise venture product, the Innovation Fund, at the end of 2022, investing in mid-to-late-stage private tech companies. More broadly, the product invests in companies within specific sectors that have strong macro tailwinds, such as machine learning and artificial intelligence. The goal is to invest in long-term trends that expand over the next
Fundrise Innovation Fund Review: Disrupting Venture Capital Read More »
After publishing my post, “When To Stop Contributing To A 529 Plan,” I felt a sense of emptiness. For years, I had been trying to find a logical way to decide when to stop saving for my children’s college education. When I finally figured out the answer to my financial obligation, I lost some purpose.
A Parent’s Existential Crisis: When All Financial Obligations Are Met Read More »
After 12 years of FIRE (financial independence retire early), I went back to work. Unfortunately, I only lasted four months. Here’s my story of what went wrong. I purposefully waited months to release this post to ensure I was thinking logically and not emotionally. From the end of November 2023 through March 2024, I re-entered
Went Back To Work And Could Only Last Four Months: Here’s What Went Wrong Read More »
