If you’re looking to achieve financial freedom before a traditional retirement age (60+), you must build passive income. This post will highlight the best passive income investments in our current economic environment. Passive income is the holy grail of personal finance. If you have enough passive income to cover your desired lifestyle, then you are […]
Ranking The Best Passive Income Investments Read More »
Have you ever wondered why wealthy people are more willing to invest in hedge funds, venture capital, venture debt, private equity, and other speciality funds? These are all actively-run funds that mostly have a history of underperforming the S&P 500. Yet, billions of dollars still pour in each year. Some of these active funds are
Active Funds: Why Wealthy People Continue To Invest In Them Read More »
We’ve gone through exercises on how I’d invest $100,000 and $250,000. Now let’s go through an exercise on how I’d invest a million dollars today. Investing a million dollars is slightly different from investing $100,000 and $250,000. You can more easily afford to lose $100,000 – $250,000. But if you lose $1,000,000, you might enter
How I’d Invest One Million Dollars Today For A Better Tomorrow Read More »
Bear markets and bank runs aren’t good for most people. But let’s try to look at the upside if the Fed destroys the middle class, shall we? Thinking in extremes provides clarity to help make better decisions. To set the stage, we know at least these three things: The last time the Fed Funds rate
The Upside Once The Fed Destroys The Middle Class Read More »
I’m a late adopter, which is why I haven’t thought too much about artificial intelligence (AI). I’d rather have early adopters figure out all the kinks first so I can better spend my time using the technology. However, at a kid’s birthday party one Saturday, a dad, who works in finance, came up to me
Artificial Intelligence: How To Protect Yourself And Benefit Financially Read More »
Let’s say you’ve currently got a good amount of cash to invest. $250,000 in this case. With the potential for a global financial recession due to still-high interest rates and now trade wars, investing is now getting trickier. At the same time, inflation has peaked and now the Fed is embarking on its multi-year rate
How I’d Invest $250,000 Cash In Today’s Market Read More »
Some employers pay their employees with company stock as part of their total compensation package. This way, employees become owners and potentially feel a greater sense of duty towards the firm. If you don’t own any of your company’s stock, you might be less inclined to come in early or leave late. Without company stock,
Regularly Selling Your Company Stock Is Probably A Good Idea Read More »
During the bull market, I shared my belief the need for liquidity is overrated. After going through a bear market in 2022 and buying a new house with cash in 2023, I thought I’d revisit my thesis to see if it still stands. So far, I think it does, but I am a little more
The Need For Liquidity Is Overrated (If You Are Financially Competent) Read More »
Recently, I temporarily went broke because I improperly managed my private investment capital calls. Because this happened, I thought I’d discuss some straightforward solutions to ensure you always have liquidity. If you are a new private fund investor or plan to invest in more private funds to diversify your investments, please learn from my errors.
How To Better Manage Your Private Investment Capital Calls Read More »
Sadly, Silicon Valley Bank (SVB, $SIVB), the 16th largest bank in America at the end of 2022, experienced a bank run. Now the contagion has spread to other regional banks such as First Republic Bank, Signature Bank, Zions Bancorp, PacWest, Comerica, and Charles Schwab. Even the largest banks were getting hit as well. Ultimately, The
How To Prepare For Another Bank Run As The Contagion Spreads Read More »
