We need to all be thankful for the luck we’ve had so far. Personally, I’m thankful for luck. The more we can recognize luck in our lives, the happier we will be. I’ve been a super-optimist all my life and I plan to continue being one until the day I die…. a 100 years from […]
Thankful For Luck: A Phone Call That Changed My Life For Good Read More »
There are very few occupations that provide the ideal combination of riches and status. Being a professor is one of them. Tenured professors are able to make six-figure incomes and earn valuable pensions. Getting a PhD or a post-doctorate is the pinnacle of academic achievement. Meanwhile, most people respect professors for their positive contributions to
Being A Professor Is The Ideal Occupation For Riches And Status Read More »
During the pandemic, we learned that Americans can save a lot more money if we want to. Take a look at the historical American personal saving rate chart according to the U.S. Bureau of Economic Analysis and the St. Louis Fed. After lockdowns began on March 18, 2020, the U.S. personal saving rate skyrocketed from
Americans Can Save A Lot Of Money If We Want To, Don’t Worry! Read More »
You don’t need to be a great investor to make lots of money. You just need to be a good-enough investor. Once you’re good enough you’ll be able to ride an almost constant tailwind toward financial independence. Further, you’ll learn to no longer blow yourself up and lose all your progress. One of my favorite
How To Become A Good-Enough Investor: Investing Lessons Since 1996 Read More »
Suing your employer as part of a mass layoff is probably not going to get you anywhere. Instead, you will likely end up wasting your time and money. In addition, you may also end up hurting your reputation and future employment prospects. Even after 10+ years of being unemployed, hearing about mass layoffs is still
Suing Your Employer For Laying You Off Is Probably A Bad Move Read More »
Although it’s a bear market in 2022, things could be worse! After China’s 20th Party Congress meeting, where Xi Jinping got even more powerful, Hong Kong’s Hang Seng Index plummeted 6% in one day and the Hang Seng China Enterprises Index lost 9% in one week. In the past 30 years, the MSCI China Index has
China Stock Investment Returns: Terrible For 30 Years Read More »
Although going through another bear market is a bummer, the positive is we can all generate more passive income! And given we can now generate more passive income we can also get that much closer to financial freedom. As a reminder, financial freedom means having enough passive income to cover your desired living expenses. When
It’s Easier To Generate More Passive Income In A Bear Market Read More »
For over 20 years, I’ve been a tennis club member. Player levels range from beginner to ex-professionals. Everybody gets along and rallies around a sport they enjoy, no matter their level of wealth. But I just realized something odd. And the realization wouldn’t have come had I not become a father. After three years of
Where Are All The Adult Athletes? Sports And Your Career Read More »
Welcome to our detailed CIT Bank review on why it is our favorite bank for earning higher interest. CIT Bank is an online-only bank, meaning it does not have physical branch locations. All transactions and account management are done online. Another name for an online-only banks is a direct bank. These banks offer the highest
CIT Bank Review: Higher Interest Online Banking Read More »
There are some people who think that achieving financial independence before 60 is only for people with high incomes. I strongly disagree. You can still achieve financial independence sooner on a modest income. A modest income is defined as +/- 25% of the median household income in America, which is roughly $80,000. In other words,
Achieving Financial Independence On A Modest Income: $40,000 In Manhattan Read More »
