I recently discovered something about my high-deductible health plan that I never realized. Despite only having a high-deductible health plan for myself, it turns out that all of the qualified medical expenses that my family incurs are eligible for reimbursement from my health savings account, even though none of my family members are on my […]
Investing
A Few Reminders To Myself When Investing In Uncertain Times
Over the past several years, my portfolio has grown considerably through a combination of good returns plus regular savings and contributions. These days, I’m comfortably in the Coast FI stage of my financial independence journey, where my portfolio is large enough that it should grow enough to cover my expenses at traditional retirement age, even […]
Why Do I Like M1 Finance? Because It Removes Friction.
M1 Finance is an app that I talk about a decent amount on this blog. It’s good because lately, it’s been offering great signup bonuses for new users. And while I think everyone should take advantage of the signup bonus when there’s a good one (and as I’m writing this right now, they’re offering $250 […]
Why I’m Switching From Lively To A Fidelity HSA
For many years, I’ve had a high-deductible health plan (HDHP). This is a health insurance plan that, as the name would suggest, comes with a higher deductible. It saves me premium payments but leaves me on the hook for more of the medical bills. Since I’m a light user of health insurance, this is a […]
I Will Never Recommend Crypto
Not too long ago, a reader sent me a message letting me know that someone had created a fake Instagram account of me and was DMing people telling them to invest in some crypto scheme. I’m not a big-time influencer by any means, so it’s a bit flattering that some scammer thought I was a […]
If You’re Going To Bet Big, Bet On Yourself First
Not too long ago, I discovered a Twitter account that looks at some of the cringy financial Tik Tok advice out there. It’s a lot of the things you would have seen (and still see) on YouTube and Instagram. Young, mostly white, mostly male influencers peddling crypto, NFTs, options trading, and various other get-rich-quick schemes. […]
Buying I Bonds As Part Of My Emergency Fund Strategy
If you’re a regular reader of this blog, you know that I stress the importance of having a sizeable emergency fund. You never know when life might hit you, so having cash on hand is extremely important. Unfortunately, keeping an emergency fund often comes with a trade-off. Rather than invest your money, you’re forced to […]
Is FSKAX A Good Investment?
A few days ago, I made my yearly contribution to my Solo 401k. It’s something that I’ve done every year without fail since I first discovered that side hustling made me eligible for this extra tax-advantaged account. I have my Solo 401k with Fidelity because it charges no fees and has good investment options, and […]
People Smarter Than Us Know Things That We Don’t – And That’s Okay
If you want to get a big case of FOMO (i.e. fear of missing out), all you have to do is sit down and read some financial news. You’ll kick yourself at all the big investments you’ve missed out on over the years. Bitcoin to $100,000! Gamestop making people millionaires! Teslanaires balling out! And now […]
Once You Hit Coast FIRE, Things Become Much Easier
My wife and I are currently in the market for a new house. We have plenty of money saved, have a high household income, and after a decade of living well below our means, we think we’re ready to start inflating our lifestyle a bit more (or a lot more if we’re being real). I’m […]
