Why An Adjustable-Rate Mortgage Is Better Than A 30-Year Fixed-Rate Mortgage

In this post, I want to share why an adjustable rate mortgage is better than a 30-year fixed-rate mortgage. I’ve been taking out an adjustable-rate mortgage since 2005. I will continue to do so because they are more efficient. If you haven’t been paying attention, thanks to pandemic fears, the 30-year bond yield and the … Continue reading Why An Adjustable-Rate Mortgage Is Better Than A 30-Year Fixed-Rate Mortgage

Understanding The Yield Curve: A Prescient Economic Predictor

The yield curve is a curve on a graph in which the yield of fixed-interest securities is plotted against the length of time they have to run to maturity. A yield curve is almost always upward sloping, a sign that the economy is functioning properly. To best understand the yield curve, put yourself in the … Continue reading Understanding The Yield Curve: A Prescient Economic Predictor

The Benefits Of A Coronavirus-Induced Stock Market Meltdown

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

Zoom is Now Worth More Than the World’s 7 Biggest Airlines

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

How To Get Rich: Practice Predicting The Future!

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!

Focus On Building Net Worth Even More Than Growing Income

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

Achieving Financial Freedom One Income Slice At A Time

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

How Much Do I Need To Save To Retire Early?

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?

How Much of Your Money Should Be in Stocks vs. Bonds

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