investing

Why you can’t invest in crypto

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Many people think that they are investing in cryptocurrencies, but they are wrong, because the very nature of crypto makes this impossible. When it comes to crypto, most people fall into a few categories: “I keep hearing about it, but … Read More … Read More

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Debunking Ben & Arthur: How to win at investing even if you start later

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The parable from the Dave Ramsey team about Ben and Arthur is fatally flawed, which is good news for pretty much everyone. Everyone knows that you should start saving for retirement early. And that makes sense. The sooner you start, … Read More … Read More

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Do you really need that many mutual funds?

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I look at “lazy portfolios” as an option for people who want the simplest and easiest way to invest in the market. (Note: This is not investment advice. Please see my Disclosure Policy for details.) Recently, I took a look … Read More … Read More

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More earnings than contributions: your next retirement tipping point

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I finally achieve the point in my retirement savings where I have more earnings than I do contributions, and I talk about what this means. I started my first Roth IRA when I was two years out of college. At … Read More … Read More

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Is it worth it now to buy Bitcoin?

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Despite the rise in price of Bitcoin, I urge caution against you trying to get rich quick, plus what you need to do before buying any crypto. Wow is Bitcoin trending in the news. First it was Bitcoin’s meteoric rise … Read More … Read More

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Bond camera shot

Why not avoid bonds too?

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Last time, I talked about my (thankfully?) fruitless attempt to buy tax liens as an alternative investment vehicle. I was initially attracted by the promise of high returns, but ultimately left feeling like what I was trying to do was—if … Read More … Read More

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Leaning tree

Tax liens, or that time I tried to profit from other people’s debt

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Right after college, I started taking an interest in investing. At the time, I worked with someone who was similarly interested. We’ll call him Ivan (not his real name). Ivan was the person who introduced me to Rich Dad Poor Dad. … Read More … Read More

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Sun rays

How do you know how much money you need?

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Let’s face it: you probably have no idea how much you need to save in your life. This isn’t your fault. Like so much of financial security, we’re not taught anything in a comprehensive, start-to-finish sort of way. So we … Read More … Read More

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Netting

My take on Dave Ramsey’s 7 Baby Steps (Part 2, Baby Steps 4-7)

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This post is part of a two-part series: My take on Dave Ramsey’s 7 Baby Steps (Part 1, Baby Steps 1-3b) My take on Dave Ramsey’s 7 Baby Steps (Part 2, Baby Steps 4-7) In my last post, I talked … Read More … Read More

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Mud crawling

My take on Dave Ramsey’s 7 Baby Steps (Part 1, Baby Steps 1-3b)

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I offer my opinion and review of each of Dave Ramsey’s Baby Steps, starting with Baby Steps 1, 2, 3, and the often-forgotten Baby Step 3b. This post is part of a two-part series: My take on Dave Ramsey’s 7 … Read More … Read More

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