Over the past year, I’ve spent a pretty decent chunk of change attending various conferences and meetups. As I write this, I’ll be spending the next couple of days at FinCon, the major financial blogger conference that’s held each year. Compared to some conferences, FinCon can actually be pretty affordable. But it’s still not cheap […]
Investing
Robo-Advisors Would Have Changed My Investing Life
When I look back at my investing life, one of my biggest regrets is just not getting started sooner. It’s really kind of a shame when I think about it. I didn’t start investing until I was 27 years old, almost a decade after I had graduated from high school. That’s years of potential growth […]
An Investing Tip – Learn To Be Happy With Enough
I recently read an article on Marketwatch about some kid that lost his life savings doing some fancy stock market thing that I didn’t really understand. According to the article, this dude lost his life savings trading something called a “contract for differences.” Whatever that is, it predictably ended up not working out and he […]
Stop Worrying About The Market, Your Investments Aren’t Your Income
A buddy of mine messaged me recently asking me whether it was time to worry about his investments. Over the last couple days, the market has apparently taken a big dip – it’s got people like him worried that this might be the big correction that we’ve all been waiting for. His question was, what […]
Don’t Worry About Rate Of Return, Worry About Savings Rate
A friend of mine recently remarked to me about how much his Amazon stock has grown over the past two years. He bought his shares back in 2015 when Amazon was selling at around $400 per share. Today, Amazon sits at over $1,400 per share. As my buddy made clear, that’s well over a 200% increase. […]
How Much Can You Contribute To Your Solo 401k?
My brother recently asked me to help him figure out how much he can contribute to his Solo 401k. He has a pretty successful business in which he’s a sole proprietor – last year, he made well over six-figures in net revenue. When you have a business that makes that much, it’s really important to […]