It’s always astounding what a difference a few years of investing can make! One of the things my wife Miel and I have been doing is actively driving the process of how we build wealth by investing in stocks, saving aggressively (or not so aggressively) and self managing our real estate. Well, this long term investing appears to be paying off in terms of higher cash … [Read more...] about Save, Invest and Reinvest To Build Wealth
How we do it
DINKs No Longer!
Yep, the original DINKs, James & Miel are about to no longer qualify for the status of DINKs. We are expecting our first child any day now and wanted to share a bit with our readers about the transformation. When we started DINKs Finance eight years ago, on the eve of our marriage, we were like many couples in their late twenties and early twenties. We really didn't know … [Read more...] about DINKs No Longer!
Tasty AAPL
We've been watching the rise of AAPL stock (Apple, Inc.) closely. Apple announced a 7-to-1 split coming up in June, and the stock jumped 8% today! The word on the street is that AAPL is poised for record growth on solid earnings. When I initially bought AAPL in July of 2011, James was a naysayer in that he felt the stock was too expensive. We've gone round and round about … [Read more...] about Tasty AAPL
Rental Property Sold!
We just took a big step in selling one of our rental properties. This was actually James' baby, which he purchased in August of 2003, four months before I moved out to Washington. This studio apartment, in the heart of Dupont Circle and a whopping 336 sq ft, was what we initially cut our teeth on for managing rental properties. Since then we've purchased two more rental … [Read more...] about Rental Property Sold!
DINKs Finance – About Us
As we work on various improvements to our blog, we thought we'd share a more extensive About Us post. You can look forward to enhanced tabs with better access to some of our best content over the last eight years, as well as other resources we recommend. DINKs Finance was established as a blog in the spring of 2006 by James & Miel. About three months before our wedding … [Read more...] about DINKs Finance – About Us
Appliance Purgatory
One of the realities of home ownership is dealing with repairs and maintenance, this is particularly true for managing rental properties. With our three rental properties, our own home, plus a vacation beach rental, we have more than our fair share of home maintenance. Even with all that we own, more often than not, things are pretty quiet. These last couple of weeks have … [Read more...] about Appliance Purgatory
How does money change you?
We were out at dinner the other night with a couple of close friends. We were discussing stocks, as we often do with this particular group of friends. When we noted that we had surpassed the Million Dollar mark, our friend commented how refreshing it is see that we've done so well for ourselves and yet still keep it real. James and I talked about this a bit on our way home, … [Read more...] about How does money change you?
Loyal3 – Bringing Back Free Stock Trades
Hi All, A new start-up online broker, Loyal3, is making waves in the stock brokerage industry. The company seeks to use social media platforms to make stock ownership cheap and accessible to the general public. Loyal3 is focused on allowing investors to easily buy stocks in household consumer brands directly from their webpage or through social media sites like Facebook. Its … [Read more...] about Loyal3 – Bringing Back Free Stock Trades
Value of Travel Insurance
I travel all the time. I buy plane tickets like other people buy gas. Thus far I've been pretty steadfast in opting out of travel insurance, thinking it isn't worth the extra tack on in price. Over the years I can't say that I haven't paid my fair share of fees for changes, the price to pay for travel. I am now a convert and vow to myself to always opt in for the … [Read more...] about Value of Travel Insurance
Change your Mind to Change your Life
This week I’ve been reflecting back on a post I read on I will teach you to be rich. The topic was regarding the classic line, “She should love me for who I am”. Ramit shares about how friends of his are complacent to think that they can stay exactly as they are and still attract a good mate. And, how readers of his have noted concern about changing if they were to become … [Read more...] about Change your Mind to Change your Life