Just the other day, someone read my post about how we track our net worth and asked me a really simple question – how do I track our investments? The short answer is… well, I don’t. I check my investments once a month, when I update the spreadsheet, and then I don’t really look at […]
When I was younger, I was taught that the key to financial freedom was saving as much money as you could.
While true, it's not the whole story. Saving can only get you so far - you need to invest prudently too.
In 2012, Warren Buffett appeared on CNBC’s Squawk Box with host Becky Quick. Warren Buffett told Quick that if it were practical, he’d buy up a couple hundred thousand single-family homes. It’s a very attractive asset class. It’s now six years later and while the residential market has heated up in many areas (just ask […]
Early retirement is a popular subject lately and with good reason – being able to tell your boss to “shove it!” is appealing (unless your boss is cool, then maybe it’s bittersweet… but still a little sweet). There are a lot of fantastic early retirement blogs that can show you the path but the steps […]
When I started investing, there were no apps. It was the late 90s and early 2000s. Practically the stone ages. I had a Vanguard account, paid gobs of money for trades, and basically kept all my money in various mutual funds. Back then, you didn’t have much of a choice. Trading commissions were expensive and […]
There’s an old adage in real estate… location, location, location. I live in the DMV – Washington DC, Maryland, Virginia – and it’s an area where real estate is higher than average. It’s challenging to find investment properties and as someone who is neither experience nor patient, it doesn’t make much sense for me to […]
I’ve invested in real estate before. With less than stellar results. It was a small little partnership that invested in single family homes in Kansas City. The homes were very small, in a blue collar neighborhood, and things were fine when they were fine. We had a partner on the ground managing it but eventually […]
They say that millionaires have 7 streams of income. And most of them are boring. Common examples of income-generating assets include your classics like real estate (rental income, depreciation benefits, equity appreciation) and dividend stocks (dividend income is taxed favorably), which I love. But every so often, there’s one in there that sounds as exciting […]
Every few weeks, someone emails me asking for the best short-term investment. They’re usually saving up for their first home and they want that money to work for them, not just sit around. They don’t want to throw it in some bitcoin or anything crazy like that, they just want some kind of return on […]
When I started investing, I eased into it very gently. I didn’t trust the stock market. I was comfortable with saving the money. I wasn’t comfortable putting it in the “stock market.” My formative adult years started in 1998, the year I started college. I was going to Carnegie Mellon in Pittsburgh and studying Computer […]
I use Personal Capital on a monthly basis to collect my net worth information. I’ve been at it for over a decade. When I tell people I use a tool to do it, they all ask me the same question – is Personal Capital safe? Security is one of the biggest concerns people have with […]