On August 7, 2023, I received an email from Amy X. Wang, the assistant editor at the New York Times Magazine, inquiring about the modern-day FIRE movement and its Fat FIRE offshoot. Amy is a self-proclaimed FIRE enthusiast who has worked side hustles to earn extra money and utilized rewards points to save. As one […]
Behind The Headlines: My Experience Working With The New York Times Read More »
In October 2023, my passive income took a significant $150,000 hit, representing a decrease of 39%, following the purchase of a new house we didn’t really need. It was funded by proceeds from selling public stocks and bonds. The decision to buy the house with cash was agonizing, as we didn’t need a nicer home.
Why Earning Less Passive Income Has Changed My Life For The Better Read More »
Understanding how home prices fluctuate over time is one of the most intriguing insights gleaned from my post on the reasons behind property bidding wars. Learning how prices change will empower you to make more informed purchases in the future. I contend that timing the housing market is comparatively simpler than timing the stock market,
Analyzing Home Price Dynamics: A Guide To Smarter Purchases Read More »
Well folks, as anticipated, bidding wars are back with a vengeance, at least here in San Francisco. With so much tech wealth created in 2023 and 2024, the San Francisco real estate market in 2025 will likely be strong. If I were a real estate agent, I would never encourage my clients to engage in
Understanding Why People Get Into Property Bidding Wars Read More »
Despite my extensive experience of 13 years working in international equities, living abroad for the same duration, and visiting approximately 60 countries, I don’t allocate much of my investments to international stocks. I believe the risk outweighs the potential reward, especially when there are already numerous lucrative investment opportunities available in the United States. If
Investing In International Stocks Is Unnecessary, Here’s Why Read More »
I recently caught up with Ben Miller, CEO of Fundrise in person, about their venture product’s latest investments in private AI (artificial intelligence) companies. With OpenAI closing a new round of funding valuing the company at $156 billion valuation after just raising money at a $80 billion valuation in early 2024, the AI space is
Invest In Private AI Companies Without Connections Or Big Money Read More »
My life has been filled with rejections, and I’ve finally come to embrace rejection as a natural part of life. To me, being rejected is akin to the urgent need to visit the bathroom after indulging in too much Taco Bell. The discomfort is undeniable at first as your stomach sours from the inside out.
Embrace Rejection! How Getting Denied Saves Us Over $50,000 Read More »
Let’s look at the cheapest to most expensive car brands to maintain long term. A car is both a necessity and a luxury. With ongoing maintenance costs, ideally, we own the cheapest car brand to maintain that’s also a joy to drive. Amidst a recent whirlwind of car maintenance expenses with my trusty nine-year-old Range
Cheapest To Most Expensive Car Brands To Maintain Long Term Read More »
Since middle school, I’ve embraced frugality, largely influenced by my parents’ thrifty habits. They drove aging cars, donned the same clothes for decades, and preferred water at restaurants. Today, I drive a nine-year-old car, opt to repair rather than replace my belongings, and typically stick to water with a lemon slice when dining out. It’s
Giving A Gift Card Is The Best Way To Help Frugal People Spend Read More »
Contrary to popular belief, the Federal Reserve does not exert complete control over mortgage rates. Instead, it influences them, with the bond market determining the subsequent course of action. The Federal Reserve oversees the Fed Funds rate, which represents the overnight lending rate for banks and stands at the shortest end of the yield curve.
Components That Affect Mortgage Rates The Most Read More »
