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 »
There are two common ways to marry. You can marry your equal or you can marry rich. In my opinion, marrying your equal is better than marrying rich. There’s just something to be said about starting from nothing and getting wealthy together. It’s harder to appreciate sudden wealth, especially if you didn’t earn it. Further,
Marrying Your Equal Is Better Than Marrying Rich Read More »
I have stated multiple times that real estate is my favorite asset class to build wealth. Therefore, choosing between real estate or bonds is a fairly straightforward decision. Real estate all the way. However, I thought it would be a useful exercise to determine which type of investment is best for whom and when. After
Real Estate Or Bonds: Which Is A Better Investment? Read More »
By age 70, you should be retired and enjoying your golden years. Let me help answer the question: How much savings should I have by age 70? At age 70, you should be focused on capital preservation. By age 70, you should have at least 20X your annual expenses in savings or as reflected in
How Much Savings Should I Have By Age 70? Read More »
A good net worth allocation is important to weather the consistent financial storms that tend to come every 5-10 years. The last thing you want is to have a net worth allocation mismatch with your risk tolerance and financial objectives. A savvy investor is congruent with thought and action. The right net worth allocation by
Recommended Net Worth Allocation By Age And Work Experience Read More »
