Real estate

Applying for a Mortgage? Banks Will Want More Info

November 24, 2013

Hi All, File this under good to know if you’re going to shop for a mortgage in 2014. Evidently the Consumer Finance Protection Bureau (CFPB) has issued new amendments regulating consumer’s ability to replay loans.  Pretty much the next time you go to the bank for a new mortgage, your lender will probably be asking […]

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DINKs October Net Worth: Broke Through the $1,000,000 Mark

October 27, 2013

Hi All, We updated our net worth this month.  It looks like we’ve passed the one million threshold.  This is terrific news.  My wife and I have been seriously working at building our finances for over a decade, so its nice to see some payoff. In terms of the major takeaways here – most of […]

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Thoughts On Getting Ahead Financially

October 9, 2013

Last weekend my wife and I sat down and added up our net worth.  We are somewhere between $950,000 and $980,000 depending on how it’s calculated.  This is isn’t too bad for a couple in their 30s.  When I think about the things we’ve done to get to where we are, a few points come […]

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No Such Thing As Passive Income

September 17, 2013

I wanted to take a minute to weigh in on one of the internet’s biggest obsessions: passive income. Passive income is the kind of thing bloggers love to write about: money coming your way with little or no effort or risk on your part.  When you read about passive income, you’ll usually get a list […]

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Real estate investing: Are you convinced?

September 16, 2013

Good morning Dinks.  As a financial planner I am always looking for the perfect investment strategy.  I don’t try to time the market, I try to find the perfect balance between different investment classes that include both fixed income and equity. I am what you would call a balanced investor.  I don’t like to take […]

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What Makes the Rich Different?

September 2, 2013

Hi All, One way that mega millionaires are different from everyone else is: income composition.  When you compare investors with over $5 million in net worth to those with 100,000 to 1 million in net worth, a big difference is percentage of income from investments.  Investors with over $5 million receive 43% of their income from […]

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Rock Solid Personal Finance Tips From Eric Tyson

May 21, 2013

If you’re a long time reader of the DINKs, you’ll know that we make an effort to bring high quality personal finance information. To whit, we wanted to share some key recommendations made byEric Tyson. Tyson is a former journalist with the San Francisco Chronicle, and has taught courses on personal finance at several universities […]

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Manage that Risk

March 25, 2013

Hi All, Okay. You’ve probably been following the headlines so you know the economy has been going through a historic and long lasting down turn. That said, if you have any reasonable amount of money or other forms of assets, you’ll probably inevitably have to incur some kind of risk. It’s important that the risk […]

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DINKS November Net Worth Update

November 25, 2012

Hi All, There are tons of personal finance blogs on the web.  Not all of them are the same, but one way you can evaluate the quality of the information you get is by understanding the writer’s financial situation.  This is because people’s financial considerations differ depending on how much money they have.  For example, someone with […]

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