Not too long ago, I wrote about how I was never going to buy Bitcoin. Back then, it was going for $11,000 a coin. Today, the price is around $6,500 a coin. Bitcoin and other cryptocurrencies can be extremely volatile. But that’s what makes them appealing for so many people. Much like daytrading was popular […]
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.
I enjoy reading the news but it can be stressful to see the stock market go up and down. Well, only when it goes down. The up days are nice. 🙂 It’s even more stressful when all the news lately is how we’re minutes away from a recession. Logically, I know that I should not […]
In 2010, I found myself attending the Finovate Fall event in New York City. Even though I’d been a personal finance blogger for over five years, I hadn’t heard of so many of the companies presenting. I took a lot of meetings those couple days including one with a young guy planning on changing the […]
When peer to peer lending platforms like Prosper and Lending Club first appeared, people went crazy for them. It was a new asset to invest in and people were analyzing them to find an edge. “Investing” in unsecured personal loans sounds risky but with it being so new, no one knew exactly how risky. It […]
The internet, and your office watercooler (what an anachronism!), is littered with stories about how so and so made a bundle selling their home or some hot stock investment. Just the other day, I was talking to a reporter about how my holdings in Southwest Airlines are up 637% over the like 7-8 years. That […]
We get questions all the time on what is the best investment portfolio management software. 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 […]
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 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 experienced nor patient, it doesn’t make much sense for me to look […]
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 little […]