Asset allocation is all about how you break down your assets into different categories. Some people break down their assets into categories such as stocks, bonds, and real estate. I have broken down my portfolio to show you what I … Read More
“Patience is a virtue” my father would always say to me. If you think about it, patience truly is a virtue. Oftentimes, we want things now. That is not the way the world works. Those that want instant gratification often … Read More
Rich people think differently. They have a different mindset. A mindset for gaining assets instead of liabilities. They work hard on their goals that they set and continue to achieve them. Living paycheck to paycheck is not something they do. … Read More
Let’s begin to talk about savings accounts. First of all, savings accounts are the place you want to save your money for like an emergency fund. It is a good place to park your money until needed. Usually, an emergency … Read More
“The first $100K is a b*tch, but you got to do it”. Charlie Munger said this at a Berkshire Hathaway meeting. It truly is hard to get your first $100k. It takes saving, investing, and staying out of debt. Plus … Read More
Albert Einstein said Compound Interest is “the 8th wonder of the world. He who understands it, earns it; he who doesn’t pays it.” This is a great quote about compounding interest. If you think about it hard the best and … Read More
Since I have started this blog, I have had people ask me about savings. How can I save more? Where can I put my money? What is the best place for a savings account? These are typical questions I even … Read More
Before I started my journey into finance I was not budget savvy as so many people around me. People used budgets to figure out how much they were to save. I started to do the same, and at the end … Read More
Oftentimes, shit happens. Excuse my language. I know mom and dad may be reading this or even my lovely wife, but we all know bad things happen. It doesn’t matter if you are a good person or not, bad things … Read More