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, […]
Investing
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 […]
Am I a hypocrite for investing in crypto?
Yesterday, I made a bombshell announcement on the heels of Tesla’s bombshell bitcoin announcement. That’s a lot of bombshells? Anyway, as the dust cleared, one shocking truth emerged… The Money Wizard had changed his portfolio allocation. Cryptocurrencies now made up a not-insignificant 7-8% of his portfolio. Even wilder, the nut admitted he was doubling […]
Tesla just bought $1.5 billion of Bitcoin. Could Bitcoin really hit $500,000?
How’s this for a bombshell? Bitcoin cryptocurrency (otherwise known as that roller coaster of an investment that started as a nerdy experiment, quickly became the currency of choice for underground criminals, then got threatened with government shutdown, somehow made a comeback, and along the way accidentally created thousands of unexpected millionaires and billionaires)… Yeah, THAT […]
