A Financial Literacy Blog for All
It is so important that kids learn about financial matters when they are young. Although we didn’t have any formal plan, our kids took away a few important tidbits over the years. In this post, I’ll provide you with the 7 most repeated pieces of …
The All Seasons Portfolio reports amazing statistics about its returns. I’d never heard of the All Seasons Portfolio, so had to check it out. As I’ll discuss in more detail, it is an asset allocation strategy with more than 50% of the portfolio allocated to …
Before we talk about the specific indicators that would signify stock market sell signals, we must understand why we bought each stock in the first place. The simple theory of ‘buy low, sell high’ seems practically very easy, but the reality of the situation is …
Rental Property: Real Life Experiences
Many people view residential rental property as a great investment. I’ve never had any interest in committing the time I perceive is necessary. I’ve also not made much money on my residences. As such, I haven’t seriously considered the purchase of investment property. To get the true story, I interviewed ...
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Property and Casualty Insurance
Protection against loss is critical for everything you do, including running your own business or earning money from a side hustle. The primary tool for mitigating business risks is property-casualty insurance. There are many insurance policies within the realm of property-casualty insurance, each with its own vocabulary. Understanding the different ...
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The Home Equity Fallacy
Building home equity can increase your financial security, but it isn’t necessarily the best way to maximize your net worth. That is, building home equity quickly isn't necessarily the right choice for everyone, not even those who have the financial wherewithal to do so. I’ve frequently heard two statements relating ...
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Flex or Fix in Buy vs. Rent
Your residence is likely one of your biggest expenses. The most common options for residences are renting and purchasing. There are costs and benefits to both approaches, some of which depend on your lifestyle and goals and some of which depend on your finances. In this post, I’ll explain many ...
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