Last month, I came to the shocking revelation that I’m set for life. Even if I never invest another cent, ever, all signs point towards me reaching age 60 with $1.5 to $2 million dollars. (That’s adjusted for inflation, meaning the portfolio in 2050 will buy the same amount of stuff as $1.5-2 million dollars […]
Investing
The 9 Best Finance Books I Read Before Saving My First $100,000
By the age of five, the human brain is 90% developed, and according to some scientific studies, our personalities are mostly set for life by the time we reach first grade. I don’t know about you, but I find that absolutely fascinating. If true, it means our early life experiences play a HUGE role in […]
Apparently, compound interest is so powerful, I’m now set for life.
As a personal finance blogger, you’d think I’d have a pretty good understanding of compound interest by now. I thought I did, right until I ran a little experiment that shocked me to my core, and nearly two weeks later, still has my head spinning. The experiment It’s funny. As an obsessed money geek, I’ve […]
18 Income Producing Assets to Generate Serious Passive Income
What’s the key to building wealth? Multiple income streams. At least that’s what millionaires will tell you. 65% of them have at least three income streams, and nearly 1/3 have 5 or more income streams. So if you’re still tied to your day job, and you’re serious about reaching financial freedom, then ditch the cars, […]
How to Hack Your Roth IRA as an Emergency Fund
Don’t emergency funds suck? Sure, they might help you sleep better at night. But let’s be honest. In the world of putting your money to work, that lousy emergency fund is the biggest slacker in the group. While the rest of your money is busy wheeling, dealing, and investing, that boring emergency fund is just […]
