All in Personal Finance

The secret power of recurring investments

It’s easy to get discouraged by investing. With interest rates hovering at 3-5%, even modest retirement budgets require well over a million dollars in investments to work properly (e.g., $1,000,000 x 3% = $30,000). Many people get discouraged because they don’t have much saved now, but the truth is that the most important thing in any retirement plan is making repetitive, reliable recurring investments.

Choosing between two job offers

Although my eventual goal is #FI, I derive the largest part of my income from good old fashioned American work. Actually, it's new fashioned American techwork, complete with standing desks and kegerators. I've got it pretty good but I'll have to move on and choose between job offers someday.

Using debt as a forced savings plan

I’ve repeatedly seen two narratives told over and over again. First of all, debt is bad. Second, although debt is bad, having a mortgage is alright because it acts like a forced savings plan, slowly enabling borrowers to build wealth. But can't the “forced savings plan” idea can be extended beyond simply mortgage debt, if executed intelligently with low interest, short term debt?

Taking pride in incremental improvements

Big gains get all of the glory. Lottery winners. Moonshot bets on bitcoin. One-in-a-million penny stock wins. Unfortunately, obsessing over big bets and big gains takes all of the joy out of the incremental gains that actually build wealth on a predictable basis. This post is all about the little gains I never celebrated, and my plans to improve them even more in the future. These tiny incremental improvements collectively add up to big, big wins.

Turning recurring expenses into recurring investments

Life is expensive, and that can make it really hard to save. With rent, cell phones, cars, healthcare, food, childcare, vacations and thousands of other little costs, it’s not unusual for someone to have 80-90% of their income disappear into the ether. Lately, I’ve been thinking about ways I can try to turn at least some of those recurring payments into recurring investments, or at least mitigate them so I don’t lose so much of my income to recurring expenses each month.

Building an investment portfolio from scratch

Without an investment adviser, I've had to go and create my own portfolio. It's a little scary, for sure, but here's the thing: all it takes is effort. With enough research, patience, self-control and fortitude... I feel I can be just as successful as if I worked with an adviser. What's more, after seeing "how the sausage is made" working at a large wealth management firm, I would say the benefits outweigh the risks.

Seattle vs San Francisco

If you work in technology you know that there's a deep seated rivalry between San Francisco and Seattle. Which has the most startups? Which has the most successful technology companies? Which is the best city for innovation? Which is the most pleasant city to live in? Here it is: the final showdown in Seattle vs San Francisco.