I was talking to a friend recently who was recommending an app that helped him managed his budget. He was telling me how much easier it was than the complicated spreadsheet that he was previously using. After a few more minutes of him explaining how the app worked, I offered a different … [Read more...] about Pay Yourself First
Archives for January 2019
We all want to live a long and happy life. Isn’t that the point of living? I don’t know about you, but no one has ever formally taught me how to live longer or to be happier. But, what if the two were correlated? Now that would be something, to live longer by doing things that are fun and make us happy. No, it’s not eating ice cream while watching TV, don’t … [Read more...] about What Makes a Healthier and Longer Life?
You will hear many times to invest in stocks, but what does that mean? Are you to buy a few individual stocks, the S&P 500, or stocks overseas? There are different views of what one’s equity allocation should be. In this post I will attempt to simplify and offer a low-cost … [Read more...] about US vs Non-US Stock Allocation
Everyone has heard that stocks are risky. If you want to be conservative and not lose money in the market, bonds are the way to go. But what if holding bonds in your retirement portfolio is a greater risk than holding stocks. Most people think of risk as volatility. For … [Read more...] about Warren Buffet’s Asset Allocation for his Wife
Anyone who has read about being financially secure or the FIRE movement, Financial Independence Retire Early, has heard to save for retirement. To make sure you have enough money saved and invested for you to support your lifestyle without working. But how much is enough? The answer to that question is the 4% rule, or as we’ll later learn in the post the 3 to 3.5% … [Read more...] about The 4% Rule