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
Money
US vs Non-US Stock Allocation
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
Warren Buffet’s Asset Allocation for his Wife
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
The 4% Rule
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
How to Predict Future Returns
Predicting future returns in the stock market over a short period of time is impossible. Anyone who is confident in that ability is out to steal your money or about to lose theirs. Predicting returns over a 10-year period is possible with reasonable certainty. In this post I will give investors a framework on determining future returns when making decisions on … [Read more...] about How to Predict Future Returns