Articles
How to Win When Markets Lose
For the longest time it was always my goal to make money when the markets declined. I thought that would be the ultimate proof of skill. And, if you could do this, that would allow you to increase your compounding by minimizing or even eliminating losses in your portfolio.
Guest Post - Investing in Yourself: How Personal Finance Acumen Can Accelerate Your Career Growth
Financial abundance is both the reality and mindset that you have enough.
Enough to take the risk.
Enough to weather the storm.
Enough to step out of your comfort zone.
What Now? A Framework for Building Wealth
A question I commonly hear from professionals that have achieved financial stability is, “What Now?”. After working for a handful of years and getting the major pieces of your financial life in order:
Balanced cash flow
Emergency fund
Saving in 401k and/or IRA
Saving in HSA
What do you do now?
When to Sell Your Investment
The hard part about investing isn’t knowing what or when to buy, it’s knowing when to sell. Selling is infinitely more important than when or what you buy, because selling is the moment where your gains (or losses) are realized.
Managing Variable Expenses
One of the biggest challenges in managing your finances comes from the variability and unpredictability of certain expenses.
How can you possibly keep track of everything while also living your life?
Managing Variable Income
It can be substantially more difficult to master your cash flow when you have variable income. How can you make sure you have a plan to balance things out at the end of every month, when every month is slightly (or maybe majorly) different? Today we’ll walk through my primary strategies for answering that question.
The Broken Window Fallacy
Why breaking a window doesn't create more economic activity. A story from Economics in One Lesson by Henry Hazlitt and my thoughts on it.
There are some people in the world (and some policy makers too) who fall prey to the idea that direct intervention with the economic environment is the best way to stimulate growth.
What to Do with Your Cash
With the current higher interest rate environment, you should be able to earn at least 3% on your cash. If you aren’t making that right now, you might want to consider one of these options:
Understanding Market Cycles
If you want to know what markets are going to do next, you have to understand the different types of cycles the market goes through. There are three primary types of cycles—we’ll dig into each and how to use them in your investing process.
20 Year Plan to Millionaire Status
Who doesn’t want to be a millionaire? Not only do you get the status from all those commas in your bank account, $1,000,000 invested in the stock market or real estate can typically produce around $50,000 in passive income. For someone without debt (or kids) that’s enough money to buy back at least some of the time you spend at your job right now.
Designing Your Life: 3 Skills to Master Financial Freedom
Financial Freedom. It’s a term that gets thrown around a lot, but do you know what it means? Everyone’s definition may vary slightly, but at its core, it means you are not constrained by money. You have put yourself in a position where you can make choices based on your values, not your bank accounts. There are three primary skills you need to master to achieve financial freedom: Cash Flow, Planning, and Investing.