The Magical Beauty Of Compound Interest
No concept in in investing has ever held my respect like that of compound interest. When I first started reading
You Need An Investment Policy Statement
An investment policy statement or IPS may sound sophisticated but it’s quite a simple tool to help you navigate your investment life. The communicates your investment goals and the strategies that will serve as guideposts for managing your investment portfolio. Are you an investor? If yes, then you need an IPS. Well, you can get by without one, but you can optimize your investing life with one. I’m of the firm view that once you write your goals or plans down, you are more likely to achieve them. Often times, many ordinary people do not consider themselves investors. But do you have a work-related account like a 401(k), 403(b), 457(b) or TSP account? Do you have an IRA/Roth IRA account? Do you have rental (commercial) real estate? Are you consciously preparing for your retirement in the future by doing some investments, even if in taxable accounts? If you answered yes to any of the above, you are automatically an investor,
Diversity in Personal Finance Opinions
For many personal finance nerds, and I dare say, even for some regular, everyday people, the world of personal finance
Taxes Are Not Your Enemy
Monday, April 15 2019 was tax day, when most Americans are required to file their federal tax returns for 2018.
Livin’ It Up
I preach frugality, or at least relative frugality on this blog. Why? So that you can achieve your financial goals
How To Get Your Spouse On Board Financially
Managing your finances can be hard as an individual. But when you get your epiphany and take control, it becomes
EVERYDAY MILLIONAIRES: A REVIEW
I’m an avid follower of Dave Ramsey. My light-bulb moment in personal finance came after I was introduced to one
The Immigrant’s Edge in Wealth Building
If you immigrated to the United States as a teenager or as an adult, you have an advantage when it
Do You Want To Be A Millionaire?
Actually the question I wanted to ask is this: Do you want to be a millionaire or do you want
Emergency Funds: A Necessary Ballast
One of the bedrocks of personal finance is the need to have an emergency fund. It’s like a foundation in