The fourth quarter in 2017 saw our scoreboard number rise despite being retired. The long bull market really helps, but we know it won’t run forever. This is precisely why I’m positioning my clients to be ready to ride the…
Retirement and Snowball Quarterly Update: 3rd Quarter 2017
The second and third quarters in 2017 were very busy in my household. We traveled to D.C. and Philadelphia, explored and started a couple new business adventures, completed a real estate transaction and volunteered our time at various community organizations.…
Love for Finance
Music: How to Apply a Love for Anything into a Love for Learning Personal Finance Often, people treat music as background noise and are almost completely unaware of melody or lyrics. They pay close attention only after a piece has…
YOLO: A Dangerous Idea That Keeps You Working Longer
We don’t often think about the best thing money can buy — our own time. Time and money are the two resources you manage more in your life than any other. You’re making constant decisions regarding their trade-offs. Money can…
Leveraging the NBA to Improve Financial Literacy
The NBA has been running #LeanIn commercials since 2015 and I found them moving and effective. Along similar lines, I envision the NBA running commercials where their highly influential athletes (Stephen Curry, Kawhi Leonard, Lebron James) talk about the importance…
Frugality: Why I Downgraded My Car
Do you find that your car(s) are one of your major expenses? Typically, the more expensive a car is, the more expensive replacement parts are for said car. In my 13th YouTube video, I describe a choice I made during…
Why You Need To Invest
If you pay attention to prices, then you probably witness inflation in action. A common reason I hear for not investing is lack of safety. Well, there’s also a lack of safety in not investing. Inflation functions like a thief…
Fear and Desire: Be Fearful When Others are Greedy and Greedy When Others are Fearful
Your ability to manage your fear and greed emotions directly affects your outcomes as an investor. And for any investor, outcomes (rate of return) is why we invest to begin with. For many others, fear paralyzes them from ever becoming…
Advertising, Fixed Expenses, and Consumers Oh My!
Does advertising puzzle you as much as it does me? There is so much fear-based marketing and time pressure-based marketing out there. Advertising represents a staggering 19% of the US economy. This increases the cost of everything, but how much…
Connection Between Savings Rates and Years to Financial Independence
In my 9th YouTube video, I discuss how dangerous it is to follow financial rules of thumb. I break down reasonable retirement dates based upon average saving rates over entire working careers. You have a very personal choice to make…