Ask and you will receive! A reader recently sent in the following question: Hello Mr Wizard, Love your blog, I am trying to find an article if you have one about what the ideal ‘End Game’ investment portfolio would look like to capitalize on the 4% rule.” Great question! For those who don’t know, End […]
Investing
Inflation is officially 7%. Now what?
Well folks, it’s official… Inflation has entered the room! Let the party begin! Wait a minute, who invited that guy, anyway? And what does the highest recorded inflation since the 1980s mean for your wallet today and your retirement plans in the future? Let’s get the party started You know when you’re hosting a fun […]
Why Holding REITs in Your Roth IRA is an Awesome Loophole
What to hold… what to hold… I’m talking about investments. Because what else would a money blog like this be holding? A fork? Ha! If you’ve ever poked around my Net Worth Updates, you’ll notice that my Roth IRA mostly holds Vanguard’s REIT index fund. In a world where everyone talks about stocks and bonds, […]
How to easily set up automatic investments at Vanguard (3 minutes or less!)
Protip: don’t frustrate. Automate! A few weeks ago, I called automation the most powerful wealth building machine we have, and I stand by that. But what does that even mean? Well, say you have a goal of investing $500 per month this year. Great! Now let’s make that dream a reality. We have two options: […]
Create a Wealth Building Machine by Automating Your Finances
[Note: This is a post I originally wrote for InvestmentZen.com, titled How to Manage Your Money by Automating Your Finances] Fact: most people budget backwards. Stop me if this sounds familiar: you make decent money. Every couple of weeks you eagerly await your paycheck, and every couple of weeks you’re shocked at how much Uncle […]
