What does a recession proof portfolio look like? Most economists agree that we are officially in a recession. Your portfolio, if heavily exposed to stocks, has probably taken a hit. So, how can you recession proof your portfolio? Recession Defined What is a recession? A recession is most commonly defined as two consecutive quarters of […]
Added 7/12/2018: Nominations for the 2018 Plutus Awards are now open. If you like what you read here, please consider nominating tenfactorialrocks.com in all the relevant categories! Please submit your nominations here! Only one submission per IP address, please! Thanks a lot for your support! Howdy, folks! My last article on ‘safest’ withdrawal rate generated quite a few positive comments […]
There are many seekers of financial independence and early retirement (FIRE). Many depend on financial advisors to help them reach a comfortable retirement. To reach FIRE faster, however, you may have to fire your financial advisor! I have always managed my finances on my own, and you can too. For those with any […]
This is a guest post from Adam, who is the founder of Offer Climb, with locations in Houston and Phoenix. With his co-founder Corey, they are driven towards finding the best deals and providing easy payout solutions for homeowners looking to sell their property fast. Adam takes pride in providing flexible offers to fit a […]
As you move up the career and net worth ladder, you will be presented with opportunities from generally well-meaning friends, colleagues and aquaintances about the exciting world of ‘angel investing’. You probably already heard the words before and perhaps even imagined fantasy visions of getting a mouth-watering 100x or 1000x returns from picking the next Google, […]
This is a continuation from Part 1, which generated some controversy as I expected. If you came here straight, please read that post prior to continuing here. Points 1 -7 are covered in the previous post. There are some thought-provoking points in this 2-part series. Think and be aware before blindly buying into any real estate ‘investment’. “We […]
Quite some time ago, I received an interesting email from an ‘insider’ in the real estate finance industry. His mail is in line with my views on real estate as an investment, but with some disagreements. I have largely reproduced it here with only some edits to be relevant to the present scenario. If you are already financially […]
Efficiency is beautiful. Nature gives us so many examples. Out of the millions of sperm that try and enter the fallopian tube, only one finally enters the egg. The moment it does, the door is shut for all others around it. No matter how many millions of sperm try, only one can enter. The fertilized human egg […]
“You pay a heavy price in the market for a cheery consensus” says the Oracle of Omaha, Warren Buffett. The nature of human mind to seek out favorable facts, approvals and confirmations in support of what we already want to believe is called confirmation bias. By nature, most of us have a strong confirmation bias because we […]
What an oddly-titled article from this website, right? Trust me, it will make sense. Read on… Does money drive your life? It may sound ironic hearing this from a guy who has a monetary target to achieve, firmly planted on the name of this website. But it is true. Truth be told, I put up that big, hairy, audacious goal (BHAG) […]