When To Stop Contributing To A 529 Plan To Fully Fund College
Everyone with children should contribute to a 529 plan. It is a tax-efficient way to save for college since none of the gains are taxable...
What A Trump Presidency Means For Your Finances
The failed assassination attempt on Donald Trump reminds us that more important than political bickering is the value of life. I hope there will be...
Being Even Greedier When Others Are Greedy In A Bull Market
We've all heard the phrase, “Be greedy when others are fearful, and fearful when others are greedy.” But what about being even greedier when others...
View Your Tenants As Guardians Of Your Rental Property
If you have a rental property that is generating positive cash flow and is expected to appreciate in value over time, then you must hold...
Don’t Sell Your Rental Property If You Don’t Have To
If you own a rental property and are thinking of selling, don't do it unless you absolutely have to. To build great wealth, aim to...
Having Cash Could Make You Poorer In Many Ways – Be Careful
During a recent liquidity crunch, I kept thinking how nice it would be to have more cash sitting in my bank account. Once I received...
The Grind Back To Financial Independence: Early Stages Complete
In the second half of 2023, I significantly impacted our passive income, causing our household to technically lose its financial independence. Prior to this, we...
The Challenges Of Living And Working In Honolulu, Hawaii
After taking my family on a nine-day vacation to Honolulu, Hawaii, my plan to relocate there is back in the cards! Since 2014, two years...
The Most Important Personal Finance Ratios To Build Wealth
As an investor, understanding financial ratios is important to help assess the current state of a company. For example, we have P/E ratios, debt/equity ratios,...