How many credit cards should you have?

How Many Credit Cards Should You Have?

How many credit cards should you have? There is no one size fits all answer to this question. If you have a lot of debt that you are trying to pay off, or if you struggle to keep a strict budget, then the answer in your case is to have zero credit cards. … [Read More...]

Investing

Facebook IPO

Facebook IPO: When, How To Buy And What Price

Update 5/1: Facebook IPO target date is 5/18 The Facebook initial public offering is going to be an absolute monster. I have been assisting investors directly for over a decade and I’ve never seen interest like this before. That’s saying a lot as I’ve watched … [Read More...]

Infographics

Health Care Infographic

The Rising Cost Of Health Care – Midweek Infographic

The Supreme Court came down with a landmark decision today by upholding President Obama's health care law. It was ruled by a 5-4 majority that the penalty for not having insurance is considered a tax and therefore constitutional. How this will affect … [Read More...]

Financial Moves to Make in a Low Interest Rate Environment

As a bit of a follow up to my article on retirement and low interest rates, I’m going to discuss a few smart money moves to make in a low interest rate environment.  We’ll call these short to mid-range time horizon moves since we are playing on rates.  Rates … [Read More]

Personal Financial Update. Part 3. DEC 2019

2019 is already over.  This year seemed to fly by.  Since this will be my last personal update of the year it is a good time to look back and review 2019 from a personal finance standpoint. Wealth Building 2019 was a very good year for my portfolio.  I’m up … [Read More]

How Low Interest Rates Can Affect Retirement

Have recent interest rate cuts impacted retirement?  The short answer is yes.  Things can get complicated, but low interest rates do have long-term effects on the economy and could alter your retirement planning. Retirement Income One of the most obvious … [Read More]

Stone Veneer Wall

Building a Stone Veneer Wall at Our Camp

I’m posting a mid-month update. No changes to assets or debts since the beginning of December, but on a personal note we just finished up a rather significant project at our camp. I figured I’d share some of our progress and take a little break from the normal … [Read More]

Average Net Worth by Age

What is your net worth? How does it compare to others in your age group? What can you take away from these numbers? Tracking your net worth can help keep your personal finances in check since it measures your overall portfolio value and not simply your income. … [Read More]

jar of coins

Personal Financial Update, December 2019

It’s hard to believe that it’s December already and that there is less than a month left of 2019.  The year went by fast, but a lot was accomplished during that seemingly short time span.  Christmas shopping has begun, and it’s being cash flowed as planned.  … [Read More]