One of the core tenets of financial literacy is keeping a tidy budget. But a common question in creating a budget is how many budget categories are required?
Year: 2021
Feelin’ Risky? You Should Be Rebalancing Your Portfolio
Rebalancing your portfolio decreases your portfolio risk *and* often increases your long-term returns
Rules, Dave Ramsey, and the Sith
Rules. Should we make them absolute (like a Sith lord)?!? Or do we allow for exceptions, even against people’s best interests.
Your FI Number – 3 Easy Steps to Calculate Your Retirement Money Needs
Your FI number—or financial independence number—details how much money you need to successfully retire. Or under the right circumstances, how much money you need to retire early.
When In Doubt, Zoom Out
Current 1-year stock market returns look amazing. Who would choose any alternative investing strategy when their current method has granted them 40%, 50%, or higher 1-year returns? We need to zoom out.
Silver: A Golden Opportunity
Take your gold-plated jewelry to the pawn shop, and dump your portfolio into silver dollars. You don’t want to miss this opportunity.
“Continual Growth and Progress”: Quarterly Update Q1 2021
The first of a regular cadence of quarterly updates. Let’s talk through to good, bad, and ugly of Q1 2021. Plus, lots of dog pics!
31 Lessons from 31 Years
Let’s get the lame stuff out of the way. I turn 31 on Monday. Yippee! Last year, I wrote about the amazing growth that can occur in a single decade. Here’s that article: A Lot Can Change in Ten Years.…
Context Myopia: A Rapidly Spreading Affliction
Context myopia is an affliction that’s spreading in our society. And *you* might fall prey if you’re not careful.
Poor People: Hope, Risk, and Education
Perhaps it’s just a pipe dream, but I think education is a cost-effective way towards a better future.