The journey of life is long, complicated and is never a straight path. Same applies to our financial journey as well, as finances mirror our lifestyle and choices. So, we must stay humble and kind. The elegance of steadily compounding financial returns are merely that…just elegant. It’s funny we model financial portfolio growth using […]
This is a guest post from Ben Hamlin. Ben is an aspiring financial entrepreneur and avid investor who became interested in learning to earn money at an early age. Ben ultimately hopes to become financially independent through his various investments. Bitcoin and similar cryptocurrencies are getting a lot of attention lately, and with Japan recently […]
Loss aversion defines much of human behavior. We are so worried about the prospect of loss, that many studies show that finding $100 doesn’t give the same joy to offset the pain of losing $100. Some say, it takes as much as gaining $200 to offset the loss of $100. In other words, a loss feels twice as painful than a gain […]
We all have to live somewhere. We also need a roof over our heads. Even before the buy vs. rent argument enters the picture, what’s even more important is the allocation you give to your housing expense as a percentage of your income. The math of compounding works in such a way that the early […]
Today’s post is from Troy Bombardia, who blogs over at markethistory.org. I am a strong believer in learning from successful people, and when it comes to investing, especially from the Oracle that I wrote about. What I like about Troy’s post is that he focuses on the importance of understanding history and the learning’s […]
When Benjamin Davis reached out to me requesting a guest post on his website, I happily obliged. Not because he is a fellow Ph.D. holder, but because he, in many ways, represents the complement of the approach I have taken for my own journey. He is European, and a believer in real estate investing […]
It’s been more than 24 years since I started working and earning money. The first income you earn is always a special feeling. I had just turned 21 then and was giddy to receive my first monthly salary. I wanted to give $100 as a small gift to my parents from my first paycheck – given […]
My past article on tracking your progress has a simple calculator where you can track whether you are accumulating wealth at a sufficient rate to achieve financial independence. This was based on a formula shared by Dr. Thomas Stanley in his excellent and meticulous research in his book “The Millionaire Next Door”. This book demystified how […]
Today, I have checked in with a good doctor and the diagnosis was great. I recommend you follow my advice. One of the great things about blogging is that you get to make friends with like-minded people in the blogging world. One of the blogs that I absolutely enjoy reading is authored by my friend […]
Today, we have a guest post from my European friend Benjamin Davis, who is a living example of geographic arbitrage (as he plans to leave high-cost Germany to lower-cost Portugal). He is the man running the show at From cents to Retirement. He recently published his first book, entitled “My strategy to retire early“. While doing his PhD, he […]