My Business and Financial Freedom Journey
You probably know that one of the most important things you can do to build wealth is to invest. Investing can help you take advantage of compounding returns and grow your nest egg. However, in order to succeed at investing, it helps to have a plan. Here are 5 steps to creating a successful financial [...]
Previously I discussed our asset allocation for retirement at the high level. This post is where the rubber meets the road. I’ll detail all the equities we own to achieve our goals. Like most things in life, planning asset allocation on paper is one thing, but implementing it is another story. The problem we have, [...]
Correlation is one of those things, if you were absent that day in statistics class, you should learn it now. It will help you become a better investor. As I mentioned in my previous post Asset Allocation for Retirement; I want to minimize my risks, yet maximize my returns. It sounds paradoxical, but it’s true. [...]
As I’ve mentioned in my profile, we have a decent sized nest egg for retirement. The million-dollar question (pun intended), is what assets should we invest in? To me, good asset allocation is the most important thing you can do to ensure long-term success. For this post, I’m not going to go into the technical details [...]
It’s no surprise that taxes are going up next year. How much? No one really knows exactly, but at worst case Bush’s 2001 and 2003 tax cuts will completely disappear. If Congress does not act the Bush tax cuts expire at the end of this year. This may include my often-loved taxable rate of 15% [...]
