When everybody seems to be getting rich but you, it’s a disconcerting feeling. However, after 22 years of living in San Francisco, the startup capital of the world, I say that if you want to get rich, don’t join a startup. Instead, invest in startups through an open venture capital fund like the Fundrise Innovation […]
Don’t Join A Startup If You Want To Get Rich: Baremetrics Case Study Read More »
Ever since the global pandemic began, the private jet market has been booming. But as a financially savvy person, you might wonder how much does it cost to fly private? Further, are there any cost-efficient ways to fly private? Flying private is one luxury that can improve your life once you become rich. No more
Flying Private: The Cost And Benefits Of Luxury Travel Read More »
If there’s a car in your blind spot and you swerve suddenly, there’s a good chance you’ll get into an accident. Your accident will not only cost time and money to fix, you might also suffer an injury or even die. If you have financial blind spots, the consequences can be just as severe. I can’t teach you
Common Financial Blind Spots On The Road To Financial Independence Read More »
Are you wondering whether you should buy your stock options after leaving a startup? This article will address whether you should or not. For background, I did buy my stock options when I left my startup after three years. It worked out well. A couple years ago, this one 28 year old woman I knew
Should I Buy My Stock Options After Leaving A Startup? Read More »
Dollar-cost averaging is the act of consistently investing in a particularly security over a set interval of time. Whether you know it or not, you are likely dollar-cost averaging every time you get a bi-weekly or monthly paycheck. For example, at the beginning of the year, you may elect a fixed percentage of your pre-tax
A Better Dollar-Cost Averaging Strategy For Your Investments Read More »
Back in 2011, I decided I wouldn’t pay off my mortgage until I retired. I was still working in banking and had a strong amount of cash flow. I thought I was going to work for at least another five years. Then, in 2012, I retired by negotiating a severance package that provided for six
Why I Won’t Pay Off My Mortgage Until I Retire Read More »
I’m not sure if homebuyers truly realize how much concentrated risk they are taking when they buy property. Most middle-class homeowners have a majority of their net worth in their primary residence (~80%). This can be dangerous during a downturn. Therefore, I want to use this post to discuss the main types of investment risk
The Main Types Of Investment Risk Exposure To Be Aware Of Read More »
Patient capital is the key to long-term wealth creation. Patient capital is the opposite of active trading and non-stop speculating. One of the main reason why I invest in real estate and venture capital is because they encourage investors to invest for the long term. Liquidity is overrated. Once you have about six months worth
Patient Capital: The Key To Long-Term Wealth Creation Read More »
The decision to pay down debt or invest is a personal one. It depends on a lot of factors such as risk tolerance, your number of income streams, liquidity needs, family expenses, job security, investing acumen, retirement age, inflation forecasts, and bullishness about your future in general. I’ve had hundreds of people ask me whether to
Pay Down Debt Or Invest? Implement FS DAIR Read More »
Although the Roth IRA is an important tax-advantaged retirement account, there are also disadvantages of the Roth IRA that are seldom discussed. For years I’ve been an opponent of the Roth IRA. After the government came out with its tricky way to let us all do a “one-time” Roth IRA conversion from our traditional IRAs,
Disadvantages Of The Roth IRA: Not All Is What It Seems Read More »
