Intro by JL’s Team If you’re wondering if renting vs owning your house is a better choice for financial independence, you’re not alone. A lot of people struggle with this choice. With current interest rates on a 30-year fixed mortgage hovering between 6–7%, it’s more critical than ever to do the math. In this post,… [Continue Reading]
Archives for February 2012
What Poker, Basketball and Mike Whitaker taught me about Luck
Here’s a little thought experiment. Consider all the people you’ve known for a moment. Now focus on the five who have been least successful and the five who have achieved the most. Ask yourself, what is their attitude regarding luck? In my experience the contrast is striking. What I notice is this: Less successful people… [Continue Reading]
How to Give Like a Billionaire: Vanguard, Tax Deductions, & Nuns
I know what you’re thinking. For sometime now you’ve been wondering what exactly Mr. and Mrs. jlcollinsnh have in common with Bill and Melinda Gates. Here it is: We both have Charitable Foundations Now you’re thinking, “I knew it! jlcollinsnh is a billionaire!” In this you’d be, sadly I must say, mistaken. More monk than… [Continue Reading]
Go ahead, make my day
Self portrait Or maybe Clint Eastwood A few days ago I received this email: “Apreciado Jim: Un real . You are over the top for a blog (lot’s of our age people don’t even know what that is) and I am blown away with all of the great stuff that you have on the site…. [Continue Reading]
Muk Finds Success in Tahiti
Let’s run away together One day, many years ago, I was having an especially bad day at work. Late in the afternoon I called my not-yet-then-but-soon-to-be wife and said: “I’m sick of this crap. Let’s quit our jobs and run away to Tahiti.” I’m not entirely sure I knew where Tahiti was at the time…. [Continue Reading]