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My Money Wizard

Demystifying the Magic of Financial Freedom

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Investing

My Bold Prediction: Recession by 2021 (And how I’m preparing for it…) 

August 30, 2019 By The Money Wizard 28 Comments

money wizard recession prediction and plan

Disclosure #2: (Blame the laywers…) Nothing on this website should be considered financial advice. I’m just a guy spouting his opinions. Make sure to do your own due diligence prior to making any investment decisions. Earthquakes rarely “just happen.” Sure, the exact moment often surprises the scientific community. But the early signs are there, nonetheless. […]

Filed Under: Investing

Vanguard vs. Charles Schwab: Which is best for index fund investors?

May 20, 2019 By The Money Wizard 17 Comments

Vanguard vs. Charles Schwab

Hold onto your seats folks! Have we got a battle today!  Last month, we pitted two investing heavyweights against each other. In that battle, Vanguard narrowly won a nine round decision victory against Fidelity, and investing fans immediately began calling for a match up between Vanguard and the last great challenger in the investing world […]

Filed Under: Investing, Reviews Tagged With: Charles Schwab, Vanguard, Vanguard vs. Charles Schwab

Vanguard vs. Fidelity: Which is best for index fund investors?

April 15, 2019 By The Money Wizard 55 Comments

vanguard vs. fidelity

If you’ve followed the investing headlines (or even just watched the Super Bowl commercials) you’ve probably already heard the shocking news. Fidelity’s declared war with Vanguard. And they’ve now taken the arms race to uncharted territory – Fidelity is literally offering FREE index funds. The move dethrones Vanguard’s decades long position as the cheapest index […]

Filed Under: Investing, Reviews Tagged With: Fidelity, Vanguard, Vanguard vs. Fidelity

Build Wealth 6.5 Times Faster by Adding Compound Savings to your Compound Interest

March 25, 2019 By The Money Wizard 3 Comments

compound saving key to wealth

Here’s an epiphany that hit me the other day. I was deciding on my annual money goals, and I hit a mental wall. I was dreaming up an ambitious plan: to see if I can save $40,000 over the next year. And yet, all the typical excuses started crawling out from their hiding places and […]

Filed Under: Investing, Saving Money

Where to Invest Your Cash for Maximum Safety and Return in 2019

February 26, 2019 By The Money Wizard 13 Comments

So you’ve finally got some cash. Awesome! And you want to make some money with that cash. Even better! Maybe you’re looking to build up a safety net. Or you’re in the market to buy a first house, but it’ll still be a few months until you’ve got the full down payment saved up. Or […]

Filed Under: Investing

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I'm the Money Wizard, a 20-something who started this blog after I saved $100,000 by age 25. Now, I'm sharing everything on my journey towards early retirement in my 30s.
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