Are you finding yourself stressed out more often? Are you feeling burned oput after the pandemic or amidst all this chaos and uncertainty due to Trump’s ridiculous trade wars? If so, maybe the source of all stress in life is giving a giant crap. The less you can give a crap about things, the less […]
The Source Of All Stress In Life: Giving A Giant Crap Read More »
In 2010, Nobel Prize winners Daniel Kahneman and Angus Deaton from Princeton University argued that $75,000 was the ideal income where happiness increased no further. As someone who made as little as $4/hour at McDonald’s to multiple six figures a year working in investment banking, it was clear to me happiness continued way beyond the
Why Nobel Prize Winners Were So Wrong About The Ideal Income For Happiness Read More »
Are you wondering how much do Ivy League graduates make and what do they do? Let me tell you as someone who has hired Ivy League graduates and worked with them for decades. When I worked at Goldman Sachs in NYC, we routinely rejected kids from Ivy League schools like Harvard, Princeton, and Yale. It
How Much Do Ivy League Graduates Make And What Do They Do? Read More »
Have you ever wondered why there is so much angst and anxiety from some high-income earning households that seem to have it all? Based on my years of research, the three main reasons are: 1) never-ending comparison, 2) a lack of generational wealth, and 3) having children. Generational wealth is next-level wealth. If you have
Generational Wealth And The Angst Of The Not Rich Enough Class Read More »
College is expensive and will only get more expensive over time. If you can get good college financial aid in terms of grants and scholarships (free money), as opposed to bad financial aid (loans), attending college will be much more affordable. We’ve already talked about the different ways for us to pay for college. Now
Free Money! How To Game The College Financial Aid System Read More »
Want to save money for college? Use an HSA (Health Saving Account) to shield assets on your FAFSA application to get more free money for college. The college financial aid form doesn’t recognize the money in your HSA as an asset! Further, the HSA is tax-deductible, able to grow tax-free, and able to be withdrawn
Use A Health Savings Account (HSA) To Get Free Money For College Read More »
During the bull market, I shared my belief the need for liquidity is overrated. After going through a bear market in 2022 and buying a new house with cash in 2023, I thought I’d revisit my thesis to see if it still stands. So far, I think it does, but I am a little more
The Need For Liquidity Is Overrated (If You Are Financially Competent) Read More »
If you haven’t noticed, the media has begun to cover more of the hate crimes against the Asian American community. Many have wondered what took so long? And why it’s so hard to speak out against racism sometimes? It looks like at last, the Asian American community with the help of others is finally speaking
Why It’s So Hard To Speak Out Against Racism Sometimes Read More »
Most people have a bank account where they securely receive, withdraw, and manage their cash. But is having just one banking relationship enough today when established banks are at risk to close down overnight? I don’t think so. After the collapse of SVB and Signature Bank, I decided to review our existing banking relationships and
The Ideal Number Of Banking Relationships To Feel Safe And Secure Read More »
I finally understand why I haven’t been able to shake the niggling stress I’ve been feeling lately. Despite writing less, doing fewer business deals, and exercising more, I still feel this gnawing pressure because I’m responsible for investing my immediate family’s money. When you invest family money, family money always feels more important compared to
Investing Family Money Can Be A Stressful Full-Time Job Read More »
