The right asset-to-liability ratio is important if you want to retire comfortably or achieve financial independence. If your ratio is too low, you may stress too much about your finances because you have too much debt. If your ratio is too high, you might not be taking enough advantage of enough cheap debt to get […]
The Right Asset-To-Liability Ratio To Retire Comfortably Read More »
The Met Gala is an annual fundraiser for the benefit of the Metropolitan Museum of Art’s Costume Institute of New York City. If you want to attend, a ticket costs $35,000 and a table costs between $200,000 – $300,000. However, even if you have the money, you might not be able to go. Anna Wintour,
How Rich Do You Have To Be To Attend The Met Gala? Read More »
Ever since 2012, I’ve invested in equity structured notes to provide for some downside protection. Structured notes have sometimes gotten a bad reputation because they may be complex and expensive. However, just because you don’t understand something doesn’t mean you should burn it at the stake. If a structured note can give you the courage
Not All Structured Notes Are Bad, But There Are Downsides To Know Read More »
Given our primary residence is likely one of our largest assets, buying responsibly is prudent. At the same time, living a better lifestyle by owning a nicer home as we get wealthier is also something many people desire. Therefore, let’s try and figure out what our appropriate primary residence value should be as a percentage
Primary Residence Value As A Percentage Of Net Worth Guide Read More »
Today’s guest post is from Jim at Route To Retire, an early retiree. His family of three decided to leverage international geoarbitrage to start a brand new life in Panama. Jim is living a life that I eventually want to try once both our kids are old enough to remember their adventures (5+). If you’ve
Leverage International Geoarbitrage To Live A Better Life For Less Read More »
The Tax Policy Center recently calculated most working Americans didn’t pay federal income taxes in 2020. According to the chart below, supposedly 106.8 million out of 176.2 million total income tax filers did not pay federal income taxes. That amounts to 60.6 percentage of Americans don’t pay federal income tax! Given there are roughly 332
Most Working Americans Don’t Pay Federal Income Taxes – A Problem? Read More »
Although I’m a DIY investor and encourage people to figure out how to invest themselves, there’s absolutely a place for hiring a financial advisor or investment manager to manage your money, or at least a portion of it. Back in 2015, I did some consulting for a fintech startup called Motif Investing down in San
Strong Reasons For Hiring A Financial Advisor Or Investment Manager Read More »
Since 1995, I’ve been a do-it-yourself investor (DIY investing). It all started when I saw my father trading stocks on his Charles Schwab online account. I was hooked and asked him to teach me. The introduction led me to trade stocks during college. Sometimes I’d win, sometimes I’d lose. Thankfully, my portfolio was only about
DIY Investing: An Easy Guide To Investing Your Own Money Read More »
As part of my sabbatical, I’ve convinced my wife to write more posts. Yes! My master plan is working. Here is Sydney discussing money lessons for college students. – Sam Even though I haven’t been in school for over twenty years, I always get excited during back to school season. I think back to the
5 Money Lessons For College Students To Graduate Financially Ahead Read More »
Making money hand over fist in this bull market is nice. However, the more money you make, the more money you have to lose. Therefore, it’s important to update your umbrella policy coverage to account for greater wealth. Compounding wealth has a funny way of sneaking up on us. What may have taken you 10
Your Umbrella Policy Needs To Be Updated Thanks To A Bull Market Read More »
