Update 2020: This is a post that shares why I sold my rental home in 2017 after a tremendous amount of deliberation. Originally, I wanted to keep this home forever as part of my retirement portfolio. But in the end, managing the property was too much. If you’re thinking about selling your rental property, this post … Continue reading Why I Sold My Rental Home: Had To Live For Today
One of the beautiful things about the internet is that I’ve never met someone online who has lost money in the stock market. When stocks are going up, the bulls are out in full force telling everyone how much they’ve made in XYZ. When stocks are going down, the bears all come out and say … Continue reading The Benefits Of A Coronavirus-Induced Stock Market Meltdown
CHART OF THE WEEK Zoom Is Now Worth More Than The 7 Biggest Airlines Amid the COVID-19 pandemic, many people have transitioned to working—and socializing—from home. If these trends become the new normal, certain companies may be in for a big payoff. Popular video conferencing company, Zoom Communications, is a prime example of an organization … Continue reading Zoom is Now Worth More Than the World’s 7 Biggest Airlines
Do you remember the scene in Back To The Future Part II when Biff Tannen opens up a safety deposit box and reveals to Marty the way he got so rich was due to a sports-betting almanac his future self gave his younger self? Oh how I wished I could have done the same thing as a young … Continue reading How To Get Rich: Practice Predicting The Future!
Income and net worth amounts are intricately linked. However, I’m going to argue that building a sizable net worth is more vital for early retirement/financial independence than generating a high income. Creating passive income is definitely a very good endeavor as well. Unfortunately, there’s a lot of uncertainty involved in the viability of your passive income. For … Continue reading Focus On Building Net Worth Even More Than Growing Income
Welcome back!This is a guest post in order to motivate you to reach you for the sky! If you ever want to be absolutely free, you need to develop multiple income streams so that when the inevitable change happens, you’ll be covered. I first recommend you start with the end in mind. What makes you happy? … Continue reading Achieving Financial Freedom One Income Slice At A Time
Ranking The Best Passive Income Investments!!!!!
Retiring early is simply a formula based on: The percentage of your take home pay you saveYour gross and after tax incomeHow much you can live on The more you make, the more you can save, and the less you can live on, the sooner you can retire from your soul sucking job. Of course, … Continue reading How Much Do I Need To Save To Retire Early?
Welcome back! This article is about the balance that you need to be aware of in your investment portfolio. When you build a portfolio, one of the first decisions to make is choosing how much of your money you want to invest in stocks vs. bonds. The right answer depends on many things, including your experience as an … Continue reading How Much of Your Money Should Be in Stocks vs. Bonds
The Yin Yang Investor Mindset post talks about looking for opposite investment opportunities whenever one asset class is roaring. I used the sell-off in bonds as an example of finally beginning to build a meaningful muni bond portfolio to earn double taxation free income. Now I’d like to highlight more reasons why folks who have a large enough … Continue reading The Case For Buying Bonds: Living For Free And Other Benefits