In Part IV we looked at some sample portfolios built from the three key Index Funds I favor, plus cash. Those four are what we call investments. But in our complex world we must next consider where to hold these investments. That is, in which bucket should which investment go? There are two types of… [Continue Reading]
Archives for May 2012
Mr. Money Mustache
A few weeks ago I received a private email from Mr. Money Mustache. He runs one of my very favorite blogs. Indeed, I have often thought that if I had had access to such wisdom at the start of my financial journey I’d have gotten far further far faster. But, alas, when I started the… [Continue Reading]
Is College Worth the Cost?
my alma mater Back in the day, I put myself through the University of Illinois taking down diseased Elm Trees. I was paid $20 a day, @6 days $120 per week. I saved $100 and kept $20 for pocket money. I sponged off my parents for the summer’s room and board. Over the 12 weeks… [Continue Reading]
Stocks — Part VII: Can everyone really retire a millionaire?
“I wonder if it would actually be possible for every single person to retire a millionaire?” That very provocative question was posed in the comments by reader mmrempen a few posts back. It’s been rattling around in my brain ever since. The short answer is a qualified “Yes!” It is possible for every middle class wage earner… [Continue Reading]
Stocks — Part VI: Portfolio ideas to build and keep your wealth
That’s OK. It’s about to start. Today we’re gonna look at the fun stuff. What, exactly, can we use to build and keep our wealth. I’m going to give you three portfolios each using the tools (funds) we discussed last time. First will be exactly what I tell my 20-year-old to do. She couldn’t care… [Continue Reading]
Stocks — Part V: Keeping it simple, considerations and tools
Simple is good. Simple is easier. Simple is more profitable. What I’m going to share with you in these next couple of articles is the soul of simplicity. With it you’ll learn all you need to know to produce better investment results than 80% of the professionals and active amateurs out there. It will take… [Continue Reading]