You know that panicky, sinking feeling in the pit of your stomach when you realize you're in deep trouble? You're so SOL that you don't know what to do. It's Sam's wife Sydney here, and I recently found myself in a bind. Right after I booked flights to Japan, I realized my passport was missing. …
When In Trouble, Remember FULL BENEFIT! A Passport Debacle Read More »
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Everybody should have some investments in stocks. Although stocks provide zero utility, some stocks provide dividend income and all stocks have the potential for capital appreciation. Since 1926 the S&P 500 has returned about 10% on average a year. Further, at some point in your life you should sell some stocks to buy what you …
It’s OK To Sell Stocks Once You’ve Made Enough To Buy What You Want Read More »
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I first wrote this post about financial independence in 2012, soon after I had left my day job in the finance industry. It was a 13-year slog, but I was thrilled and also a little worried about the unknown. The idea of this post was to capture the feeling of financial independence and how it …
Reasons To Strive For Financial Independence: That FI Feeling Read More »
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Let's say you've just graduated college and have a negative net worth due to student debt. Don't fret. You actually have a higher net worth than you think! This post will help you calculate the value of a college degree. A college degree is a valuable asset. Millions of people are willing to dedicate 4-6 …
How To Calculate The Value Of A College Degree Read More »
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After every tennis match I lost in high school, my father would console me by saying, “You just weren't good enough.” Those words stung each time I heard them. But they were true. Over time, my dad stopped coming to my matches because I told him the pressure of his gaze wasn't helpful. With no …
The Joy Of Low Expectations: When Nobody Believes In You Read More »
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The 2023 Charles Schwab Modern Wealth Survey highlights the paradoxes of wealth in America. Over 1,000 individuals of all different backgrounds filled out the survey. Overall, the survey, conducted between March 1 and March 23, 2023, says it takes a net worth of $2.2 million to be considered wealthy in 2023. The net worth amount …
The Paradoxes Of Wealth: Many Misaligned Beliefs About Money Read More »
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