One of the things I enjoy is debating with still employed people about the appropriate withdrawal rate in retirement. I like hearing about all their money plans for after they leave a steady paycheck behind. The debate is not really a debate as I mostly just listen so that I can have something to revisit […]
Your Withdrawal Rate In Retirement Will Go Down In A Bear Market Read More »
Despite being a shareholder in Tesla stock since early 2018, I’ve held off on buying an electric vehicle. With limited funds, it always felt better to invest $50,000 in the stock for potential profit than spend $50,000 on a base-model Tesla car. Besides, I had just bought a 2015 Range Rover Sport in December 2016
Getting An Electric Vehicle May Finally Be Worth It Read More »
In a strong housing market, you may want to buy a fixer-upper property that fewer people want in order to get in. If you’re young and full of energy, buying a fixer to build sweat equity is a good idea. I did so twice to some great returns. Let me share whether you should buy
Should I Buy A Fixer-Upper Property? Evaluating The Pros And Cons Read More »
Well folks, the volatility is back again. There’s a growing chance of a recession after 11 Fed Rate hikes and now trade wars by the Trump administration. What’s worse, there might actually be stagflation, where inflation remains high while economic output declines. For those of you who’ve been consistently investing since 2009 or earlier, experiencing
Four Important Signs A Recession May Be Imminent Read More »
Let’s look at the best time of the month or year to refinance a mortgage. If you can refinance at a better time of the year, you might be able to get a lower mortgage rate and save. The best time of the month to refinance your mortgage is the last two weeks of the
When Is The Best Time Of The Month Or Year To Refinance A Mortgage? Read More »
All of us are patriots to some degree. However, it’s good to beware of home country bias to protect ourselves from unexpected risk. Home country bias refers to investors’ tendency to favor companies from their own country over those from other countries or regions. After all, it’s usually better to invest in what we know
Home Country Bias Investing And Why It Can Be A Big Problem Read More »
Due to the war in Ukraine and Israel, a lot of people have been asking me whether to buy gold now. Therefore, I thought I’d revisit this post that I write a while ago and have updated today. Before you buy gold, make sure you understand the basics of commodities. A commodity is typically a
The Top Reasons To Buy Gold: A Safe During Uncertainty Read More »
So you’re wondering whether to get whole life insurance even though it costs much more than term life insurance. Our partner Policygenius shares the main reasons to get whole life insurance. You can get real insurance quotes all in one place with the Policygenius online insurance marketplace. Whole life insurance is permanent coverage that lasts
Reasons To Get Whole Life Insurance Even Though It’s More Expensive Read More »
Unfortunately, we may have to accept the reality of living with dead money for a while. The forecasts of lower expected returns in the stock market over the next decade may very well be coming true. As a result, we must adapt and think ahead. In this post, I’d like to discuss several suboptimal financial
How To Live With Dead Money For A While Under Different Scenarios Read More »
Russia has invaded Ukraine. Unfortunately, there’s nothing much you or I can do except give our moral and financial support to the Ukrainian people and organizations trying to help. If you’re looking for a donation idea, check out World Central Kitchen, which is providing warm meals to Ukrainian refugees. Let us hope there is a
Five Financial Observations Since The Start Of The Ukraine War Read More »
