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?)
When my wife and I first got married we decided to go on a cruise for our honeymoon. My wife spent hours doing research on the best way to get to the cruise port at the absolute lowest cost possible. She decided to take the bus from the airport to the cruise port because it … Continue reading Why I don’t have an FI number
How many times in your life have you ever thought to yourself, "this isn't a big deal, this [insert purchase] only represents [insert number of hours] of my life." The most common example I can recall is going out to eat. Let's say you want to go all out and get that $50 steak, and … Continue reading What is your true hourly rate
It’s funny how quickly things can change. In early 2015 I was preparing to leave my job at a software startup to get my MBA. My boss was trying to convince me not to leave, he said an MBA wasn’t worth it and it would never pay off. He even offered me a management position … Continue reading When I realized what matters most
How nice would it be if you could have some of the best companies in the world buy you every car you'll own for the rest of your life? Who doesn't love free stuff? I know I do. How did I get one of the fastest growing companies to buy my next car? What I … Continue reading How I got Amazon to buy my next car
For my 9-5 job, I work as a financial analyst for a Fortune 50 company. This company spends billions of dollars each year in order to manufacture high-end technology. My job is to forecast depreciation for the entire company. I'm going to get a little "financy" here for a minute, so hang with me-- I … Continue reading Be careful before you lay the concrete
If you're into personal finance you've probably heard the term "financially independent," but what does that even mean? Financial independence is the ability to live off the income of your own personal resources. Those personal resources could be stocks, bonds, real estates, businesses, annuities, royalties, or any other investments. Being financially independent (abbreviated as FI) … Continue reading What is financial independence?
How often do we hear the words, "I don't have time for that." I hear this excuse all the time from both friends and colleagues. Sure, in some cases it's a valid excuse, but oftentimes it isn't entirely accurate. We all know those people who always claim to be "so busy." Ironically, I've seen some … Continue reading “I don’t have time for that…”