I have been a writer for DINKs now for over 15 months, expanding on topics from real estate to prenups, letting some personal information slip through some pieces here and there but never fully exposing myself. In this post, the goal is to take you on my personal financial journey and what building 7 streams of passive income really looks like. … [Read more...] about What Building 7 Streams Of Passive Income Really Looks Like
This is a quick personal update and follow up on a previous article. As you might recall a couple of months ago I realized my stock picking skills needed work. So, I stopped buying individual banking stocks (UMPQ and ORPB) and I am focusing on index funds. I'm also probably going to get a paid account with The Motley Fool's Stock Advisor service. Here is my retirement … [Read more...] about August Stock Update
One thing I love about the stock market is that it provides objective feedback — either you make money or you don't. I was talking with another blogger earlier this week (we all know each other) and the question about objective returns on stocks came up. So I had a look at my portfolio. To my shock, it looks like I've been an underperforming stock picker. … [Read more...] about I’m An Underperforming Stock Picker
I like to talk about investing and saving money. Often when I'm chatting with my friends or colleagues, people will tell me that they think money brings out the worst in people or that stock brokers are all crooks. Because of this, they don't want to invest. As a result, they tend to miss out on the advantages of owning stocks and bonds. … [Read more...] about Is Your Broker A Thief?
If you're a reader of personal finance blogs, you're probably wondering how to increase your wealth. There are many ways to go about doing this. One is to make your accounts more efficient, by increasing the amount of interest they pay or by improving your cash flow through reducing wasteful spending. However, to build serious wealth you'll want to maximize your returns. … [Read more...] about How To Get 20% Returns
The COVID-19 pandemic has caused a lot of problems, not the least of which are financial challenges. Nevertheless, it might be a great time to invest in stocks. After all, if you can buy stocks now while companies' market valuations are low, then you are poised to make a great profit when things are financially better again. Of course, it can feel risky to invest in stocks … [Read more...] about Stock Trading Tips/Updates During The COVID-19 Crisis
There hasn't been a lot of good information about which companies are more likely to survive in the Covid-19 era. This seems trivial, but for investors it's important. Past histories of pandemics suggest they reoccur over a period of months or years. For example the Spanish Flu in 1918 had three waves (here). This means if you are investing in individual stocks, you'll want … [Read more...] about What Companies Are Doing Well In the Covid-19 Era?
With everything happening with the market right now, it can be scary to even think about investing in the stock market. However, times like these are when millionaires can be made. These major drops and swings in prices can greatly benefit your portfolio... if you are wise with your choices. This article outlines the pros and cons of investing in stocks with the goal of trying … [Read more...] about The Most Important Pros And Cons Of Investing In Stocks You Need To Know
Since this is a personal finance blog, I thought I'd share some thoughts on picking stocks for maximum profit. This posting is geared for active investors who are interested in taking more risk to get more return. If you're into passive index fund investing, this isn't the article for you. … [Read more...] about Pick Stocks For Maximum Profit
Last month, we wrote about Eric Tyson's simple tips for improving your personal finance. Today, I wanted to follow up with a few more useful suggestions by Tyson. The idea here is to give you some basic personal finance principles that you can apply to your own wealth. … [Read more...] about More Solid Advice From Eric Tyson