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
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?
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?)
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
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