Search Results for: early retirement

Calculating Your Net Worth According To Wealth Managers And Socialists

115 Comments / Retirement / By

Your net worth can be calculated in many different ways. Let’s explore how your net worth is calculated according to wealth managers and socialists. After all, with Joe Biden as President, there’s more hyperbole talk about socialism coming back to America. One of the common beliefs I’d like to overturn is the idea that one shouldn’t count their primary residence as […]

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Should I Buy Bonds To Build Wealth? Wealthy People Don’t

82 Comments / Investments / By

Are you wondering whether to buy bonds to build wealth? Well, wealthier people in America do not follow the conventional asset allocation model of buying bonds, i.e. age equals your bond percentage allocation or a 60/40 equities/fixed income split. Nor do they follow my stock allocation by bond yield either. How do I know this?

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Historical 401(k) Contribution Limits: Employer Profit Sharing Is Significant

68 Comments / Retirement / By

Knowing the historical 401k contribution limits is important for understanding how much you can really save in your 401k each year. When most of us think about how much we can contribute to our 401(k), we only think about how much we can contribute as an employee. Instead, think also about how much an employer

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How Does An Umbrella Policy Work And How Much Does It Cost?

91 Comments / Insurance / By

We’ve talked about all the different types of auto insurance. I’d like to now talk about whether you should get an umbrella policy. An umbrella policy is also known as a personal liability insurance (PLU). This article will specifically describe how does an umbrella policy work and how much does it cost. When you’ve spent

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How To Purchase Property Below Fair Market Value With Just A Few Words

28 Comments / Real Estate / By

In a strong housing market, you need to utilize every strategy possible to try and get a good deal. This post will teach you how to purchase property below fair market value. Buying a property below fair market value is possible with just a few words. However, you must really make the effort if you

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How To Build Passive Income For Financial Independence

187 Comments / Retirement / By

Learn how to build passive income for financial independence and your happiness will increase. I have been creating passive income since 1999, when I realized I didn’t want to work in investing banking forever. Getting in at 5:30 a.m. and leaving after 7 p.m. every evening was too brutal! Creating genuine passive income is the

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Reinvestment Ideas From An Expiring CD: Stay Mostly Conservative

36 Comments / Investments / By

Are you looking for reinvestment ideas from an expiring CD? You’re in the right place because I’ve invested in a bunch of CDs in the past. And each time they’ve come due, I’ve had to figure out how to reinvest the proceeds at various stages of the economy. I’ve always aimed to consistently invest 5%

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