With interest rates high across Treasury bonds, municipal bonds, and corporate bonds, there comes a point where owning bonds becomes more attractive than owning stocks. The objective of this article is to figure out an appropriate stock allocation by bond yield for a better risk-appropriate return. The 10-year Treasury bond yield surged to 5%+ in […]
Suggested Stock Allocation By Bond Yield For Logical Investors Read More »
Estate planning is not an exercise that most people consider enjoyable. However, it’s incredibly important as your life and finances inevitably get more complicated over time. When the time you pass away ultimately arrives, you want the process to be easy for your loved ones. A detailed and up-to-date Schedule of Assets helps make that
Schedule Of Assets: An Estate Planning Essential Read More »
After successfully replacing her lost passport, my wife finally got to Tokyo, Japan to help her mother out with her mother’s sister’s estate issues. At times, it felt like mission impossible coordinating the trip, booking the hotels, going to the countryside to place the urn, and meeting with another country’s estate planning lawyers. Her mother
The Things We Learn After Being Apart For A While Read More »
Everybody should have some investments in stocks. Although stocks provide zero utility, some stocks provide dividend income and all stocks have the potential for capital appreciation. Since 1926 the S&P 500 has returned about 10% on average a year. Further, at some point in your life you should sell some stocks to buy what you
It’s OK To Sell Stocks Once You’ve Made Enough To Buy What You Want Read More »
Every parent’s dream is for their children to grow up to be responsible, successful, and financially independent adults. Money is intertwined throughout adulthood after all. Yet, thousands of students graduate each year without vital knowledge about money. This begs the question, is personal finance in schools required? The short answer is it depends. Currently, personal
Is Personal Finance In Schools Required? Money Matters! Read More »
If you’re looking to achieve financial freedom before a traditional retirement age (60+), you must build passive income. This post will highlight the best passive income investments in our current economic environment. Passive income is the holy grail of personal finance. If you have enough passive income to cover your desired lifestyle, then you are
Ranking The Best Passive Income Investments Read More »
After every tennis match I lost in high school, my father would console me by saying, “You just weren’t good enough.” Those words stung each time I heard them. But they were true. Over time, my dad stopped coming to my matches because I told him the pressure of his gaze wasn’t helpful. With no
The Joy Of Low Expectations: When Nobody Believes In You Read More »
The 2023 Charles Schwab Modern Wealth Survey highlights the many paradoxes of wealth in America. Over 1,000 individuals of all different backgrounds filled out the survey. Overall, the survey, conducted between March 1 and March 23, 2023, says it takes a net worth of $2.2 million to be considered wealthy in 2023. The net worth
The Paradoxes Of Wealth: Misaligned Beliefs About Money Read More »
In one of my recent newsletters, I supposedly wrote something absurd. It didn’t occur to me I was being absurd until a reader called me out. Read for yourself the introduction before I got into stocks, the economy, and more. Happy Father’s Day to those of you who are fathers and still have fathers. And
Having Absurd Dreams Are OK Because Sometimes They Come True Read More »
One of the fun things about giving up on retirement is preparing for upcoming job interviews. I probably gave over 300 interviews myself when I was working in banking from 1999 – 2012. One of my favorite interview questions is asking candidates about a blind spot of theirs they eventually realized and how? The question’s
Blind Spots For Fathers Who Think They Are Doing A Great Job Read More »
