[Guest Post] Make Saving Easy and Spending Hard
Today we have a guest post from Simple Money Man on saving and spending. He has been a long-time reader and regular commentator on the blog and so when he reached out I was more than happy to host a guest post from him. Although our opinions differ on a few points in his post […]
January 2018 – Detailed Financial Report #37 – Net Worth $674,336 | Income $26,935
If you blinked, you missed January, as it was gone in a blink of an eye (at least for me). I hope that 2018 is off to a good start for each and every one of my readers. I also hope that you have already been taking steps to improve your financial future (I outlined 12 […]
Market Corrections Represent Opportunity: Here is How I’m Capitalizing On The Recent One!
It’s been quite some time since we’ve witnessed the kind of volatility we saw over the past two weeks of trading (1/29/18 to 2/9/18). But I really don’t know how anyone can be surprised that we finally got this long overdue correction in the stock market. Corrections are natural and healthy. Perhaps it’s because we’ve […]
You Have The Power To Slay Your Own Taxes
Happy Tax Season! This is a time of year that I both love and hate. I love it because it provides one final opportunity to review the year that was. I hate it because my blood starts to boil a bit when I see how much I have already paid in taxes. The strong likelihood […]
How Selling Options May Be Safer Than Buying Stock
Today I am sharing a Post that was originally published on Financial Samurai and is a piece I wrote almost two years ago. With the recent market sell-off, I thought it timely to share this post with you because selling options is best when volatility is elevated. I have always believed that risk is a function […]
Warren Buffett – The Basic Choices for Investors
Here is part two in this Warren Buffett series (read part one here), covering a few of the sections I have pulled out from the last 50 years of Berkshire Hathaway Letters to Shareholders, which I finished reading in October of 2017. Although the entire 50-year series was filled with a ton of business and investment wisdom, […]
Managing $50,000 to $100,000 Net Worth Buckets
It wasn’t too long ago that I thought in terms of $1,000 to $10,000 buckets. As our income and net worth have grown, so too has my approach to thinking in terms of absolute dollar buckets. As we work our way towards a seven-figure net worth, I can’t help myself but think in terms of $50,000 […]
2018 Financial Checklist – 12 Steps To Strengthen Your Financial Future
Being the new year and all, I thought it would be appropriate to put together a checklist for those that want to improve their financial situation in 2018 and beyond. The reality is that if you don’t take action now, you likely won’t take action later. Remember that building wealth in order to achieve financial […]
December 2017 – Detailed Financial Report #36 – Net Worth $664,391 | Income $30,682
Happy New Year! And just like that, 2017 is now completely behind us. It’s hard to comprehend that the entire year can now only be viewed from the rearview mirror. How did the year pass by so quickly? From an achievement standpoint, it was another GREAT year, but it was one of the more challenging years that […]