In the last post on asset allocation, I went over the details on how to select the most efficient portfolio and how to make asset allocations within that portfolio. As you probably realized by now, I have structured each post that builds upon the previous ones to make the concepts easy to follow and understand. […]
Understanding Asset Allocation And The Modern Portfolio Theory
In the last few posts on investing misconceptions and index investing, we covered a lot of ground. I admit it is a steep learning curve. Don’t get frustrated if you have to visit and re-visit the information again to get your head wrapped around those concepts. The next step in your investing journey is asset […]
Investing Reality – It’s So Simple A Caveman Can Do It
My last post about investing misconceptions was admittedly quite scary. In fact, it flies right in the face of what I had described in my earlier posts about using your savings to grow your investments. Why on earth would you work super hard to pay off your debt, save money and then lose it all […]
Investing Misconceptions – A Lot Of Hot Air
In the last two posts, I went over extensively into how investment income is taxed favorably over employment income and how you can benefit enormously by maximizing your tax-free swimming pool. However, as some of you might have already guessed, there are a lot of investing misconceptions. Naturally, you may ask: That is a lot […]
A Simple Way Of Going From Middle Class To Rich
In my last post, I went over the basics of the tax system and the different types of tax-deferred and tax-sheltered accounts. These are the cookie-cutter techniques available to middle-class people. Armed with the correct knowledge and how to apply it, you are now accelerating on your journey to financial independence. But, what you really […]
How To Develop Your Tax-Efficient Investment Strategy
In an earlier post, I mentioned that navigating the realities of today’s environment requires understanding taxes and overcoming your fear of investing. After getting a handle on your debt, the next step in your journey to financial independence is to use your resources (net savings) in the most tax-efficient manner to generate the maximum returns […]
How To Manage Mortgage Debt
The last and final topic in debt reduction is the mortgage debt. As I mentioned in an earlier post about the water not being fine, massive escalation in housing prices relative to income has resulted in sky-rocketing mortgage debt. However, mortgage debt is different than other forms of debt such as credit card or student […]
How To Tackle Student Debt
In this post, I am talk about student debt as it one of the pressing issues for millennials and Gen Z. Student debt is the second worst as the interest rate is anywhere typically between 3-8%. However, as I mentioned in my post about the water not being fine, this monster is growing exponentially. It […]
How To Get Rid Of Consumer Debt
Consumer debt are loans used for personal consumption such as buying a car or more generally a depreciating asset (any item which starts losing value the minute you take it out of the store). Credit cards, personal lines of credit and auto loans are common examples of consumer debt. In this post, I am going […]
5 Simple Steps To Overcome Debt Slavery
In an earlier post, I talked about the attractive nature of debt – the fact that it allows you (or the government) to realize the benefits now and worry about the bill later. A simple way to think about it is that debt is simply your future earnings spent today. It is the opposite of […]