If you live in the U.S. and have a High Deductible Health Plan (generally any health plan with a deductible of at least $1,350) then you likely have access to a Health Savings Account (HSA). In this article, I'm going to make it very clear why you should take advantage of an HSA and why … Continue reading How to outsmart Uncle Sam using your HSA
The unintended power of spending less
"A penny saved is a penny earned" is a phrase that we’ve all heard, but I think that this guidance is even more profound than we give it credit for. Some people will debate this by saying you can increase your earnings exponentially, but you can’t spend less than $0. While I agree with that, … Continue reading The unintended power of spending less
Options Trading (Getting Started)
Alright, now that you’ve read Options Trading (Where to Start?) which taught you how to create a watch list, do some research, and identify a few possible opportunities in the market you are ready “jump in” and start trading options. My goal, in this segment, is to help you maximize your return on those trades and help … Continue reading Options Trading (Getting Started)
How to invest your money
By a show of hands, how many people think that personal finance and investing is complicated? Most people have never been formally taught about personal finance or investing, and that's exactly how Wall Street likes it. Lucky for all of you, it's actually much simpler than you think. There are all types of things you … Continue reading How to invest your money
How I’m making money by investing in a mobile home
When you think about investments that will make you solid returns I doubt the first thing that comes to mind is purchasing a mobile home. I'll be honest, two months ago, I would have thought the exact same thing, so why have I changed my tune?
Options Trading (Where to Start?)
I'm primarily an index fund investor, but I think that investing should also be fun. I personally have a "sandbox" account that I use to invest in individual stocks. Assuming you are investing enough in broadly diversified funds, maybe you'd be interested in trying out some other forms of investing (it's usually recommended to use … Continue reading Options Trading (Where to Start?)
Financial lessons from the ancient world
A couple specific events have played a major role in shaping me and setting me on the path to financial independence. The first was meeting and marrying my frugal wife, the second was reading The Richest Man in Babylon. When I first read this book back in 2014, I remember being glued to the pages. … Continue reading Financial lessons from the ancient world
Where to invest your money
People are always wondering, "where should I invest my money first?" You have 401K's, Traditional IRA's, Roth IRA's, Brokerage Accounts, Debt payoff, Student Loans, Mortgages, Hedge Funds, Crowd-Sourced Investing, hard money lending, Real Estate, Treasuries, Savings Accounts, Businesses, cryptos, and I'm sure I'm still missing some. If you ask 100 different people, you'll probably get … Continue reading Where to invest your money
Mr. Fi Guy 