A friend of mine just admitted to me a big money problem… She has a little over $200,000 in CASH sitting in her checking account!…
Browsing Category Investing
All awesome posts on Investing: IRAs, 401k, retirement, stocks, SEP, ROTHs, you name it.
How Big Should an Emergency Fund for a Rental Property Be?
I got the following note from a reader the other day… “Joel, I noticed you keep a big emergency fund for your rental property. 2…
2 Big Investing Mistakes That Actually Made Me Smarter
Back in 2013, I bought 25 shares of Tesla stock. I remember seeing electric cars starting to pop up around my neighborhood at the time…
Why I’m Transitioning Away from Rental Properties
First, I must preface: this is not an anti-real estate post. I think real estate is an excellent wealth building tool, and don’t want to…
2021 Financial Goal-Setting and the Fresh Start Theory
Have you ever heard of the “fresh start theory”? It’s basically a theory that people are more likely to tackle and achieve their goals if…
HM Bradley: A 3% Interest Checking Account Based on your Savings Rate
I just learned about a cool new bank called HMBradley. It could be a great tool if you are currently building up an emergency fund,…
Net Worth Report #3 – “Cup of Tea”
Well, paint me green and call me a pickle! Last month the Dow Jones industrial average experienced its biggest monthly gain in more than 33…
Sequence Of Returns Risk – Why You Should Care
Sequence of returns risk? Sounds like something only old, rich, retired people have to worry about… As long as I save up 25X my annual…
The TINA effect – There Is No Alternative
Have you guys ever heard of this thing called the Tina Effect? I just learned about it and found it really interesting. It might shed…
Why You Need an Investment Diary (With a Backup!)
Digging through my old emails, I found this one I sent to my brother five years ago… > On May 27, 2015, at 10:03 PM,…