It’s a question that’s been asked a million times by a million people. Some people say $100,000 is the peak while others say it could get up to $1 million or more. Others still say it’s worth nothing. It’s hard to say how much Bitcoin is really worth, but here’s the best way I can …
Normally, my posts are usually a monologue intended to educate and persuade my readers. Today’s article is more of a working session or journal of my thoughts. I have no experience in real estate, but I do have a sophisticated financial background. This is how I think about investing in real estate. Getting started My …
Financial independence takes many skills to achieve–patience, financial acumen, and discipline are good examples. Perhaps the most important one is self-awareness. Without this ability, the journey to financial independence will be long and arduous… if you get there at all. With a little self-awareness, and a willingness to learn from your mistakes, freedom becomes a …
Lots of people live wonderful lives. They pick everyone up and evoke smiles everywhere they go. Many others do the opposite. People will always be dragging you down if you let them. A great number of people lead miserable lives, and they will try to bring others down to feel better about themselves. In their …
The popular saying is “It’s not timing the market, it’s time in the market.” The saying is meant to say that the amount of time spent invested plays more of an impact than trying to time the market. I agree–mostly. Where I disagree is how this phrase seems to dismiss timing the market altogether. The …
There’s been a ton of research on the subject, and they all say the same thing: the vast majority of people don’t beat the market when picking stocks. In fact, active investing is notably worse than the market for many people–especially when fees are factored in. Even so, I still pick most of my stocks …
If you listen to the news or jump on Twitter for more than five minutes, odds are that you’ll come across the word “privilege” at least once. Probably more. In recent years, this word has become a weapon of speech. The narrative makes it seem like those who succeed are born into it while the …
A lot of news recently has been dedicated to pointing out the wealth inequality gap. Some say it’s the highest it’s ever been (debatable). Either way, the gap between the 1% and the 99% is vast. There’s no denying that. But how does this affect you? Answer: it doesn’t. Not really. Even though Elon Musk …
Fast-rising investments are the talk of the town. One day it’s GameStop, the next it’s Bitcoin, tomorrow it’ll be something else. Heck, even Hanes stock increased by 25% earlier this week. Everywhere you look it seems like someone is telling you how to double your money. These returns are all attention grabbing, but if you’re …
Index funds have taken over the world of investing. If you don’t count GameStop, AMC Theaters and Tesla, index funds are the most talked-about investments today. Bogleheads and Housel readers alike all flock to this asset as the godsend of investing. This almost makes it seem like you can do no wrong here. Doesn’t this …