Someone on Facebook with a very dry sense of humor commented: You misspelled dead. — Facebook Reader It took me a while — then, the epiphany. After seven years of blogging, I realized my blog name is one letter away from Retire Before Dead. And wow, far more people are probably striving for that goal…
Viewing category: Unusual
9 Alternative Investment Ideas for Asset Diversification
Diversification is said to be the only free lunch in the investment world. If your stock portfolio is heavily weighted toward one company, you can reduce your risk by purchasing shares of other companies. The same is true for asset classes. As your stock accounts grow with regular contributions and gains, your net worth becomes…
That Clutter in Your Home Used to be Money
Useless clutter around the house irritates me every day. Not because it’s in the way, but because when I see unused stuff around the house, I see things that used to be money. And I wish I had the money, not the item. Most items aren’t worth money anymore. Even if they are, they probably…
How Personal Finance Blogs Make Money
Are you curious about how blogs make money? Personal finance and investing is an excellent blog niche because the demand for financial advice is neverending. It’s satisfying work, as bloggers can positively influence readers by helping them make smarter financial decisions. Writing insightful content can lead to earning money through multiple blog income streams aligned…
What if the Economic Stimulus Doesn’t Work?
The U.S. government is taking extraordinary measures to inject trillions of dollars of economic stimulus into the economy through a variety of lifesaving financial flotation devices. The numbers are staggering, and it’s hard for average onlookers like you and me to comprehend the scale or effectiveness of what’s happening. It’s all so nonchalant, $2 trillion,…
Gratitude, Optimism, and Investment Opportunities
The negative news is overwhelming if you spend the day consuming it on your phone or TV. My wife worried a lot about the virus and all that’s happening until she deleted Twitter. I’m very comfortable with our new lifestyle. On the first day I worked from home, I came up with a list of…
Traveling to 45 Countries Taught Me These 8 Things About Money
A week after graduating from college, I flew to London and spent the summer riding trains and sleeping in hostels around Europe. Two things became clear that summer. I had no interest in more formal education, and I wanted to travel a lot more. The fastest way to travel again was to find a decent-paying…
Estate Plan or Vasectomy — What’s Worse?
One of my biggest failures as a parent and personal finance aficionado was waiting seven years after our first child was born to finish our estate plan. It seems that doing an estate plan is more prone to procrastination than most other grown-up checklist items, even vasectomies. (Be sure to answer the two survey questions…
The Definition of Financial Success is Not So Obvious
The Star Wars: Galaxy’s Edge attraction recently opened at both Disneyland in Anaheim, CA, and Walt Disney World in Orlando, FL. Despite the long-awaited openings, Disney stock analysts were disappointed to see overall theme park attendance down 3% in the fiscal third quarter. Visitors to the planet Batuu meet face-to-face with the Millennium Falcon and…
Masterworks Review 2020: Marilyn Monroe in Your Investment Portfolio?
This Masterworks review was updated on 01/02/2020. Part of what I love about being a money blogger is learning about innovative startups and investment platforms. Last year, I came across one that was particularly interesting and mentioned it in a post about alternative investment ideas. Today I’m digging deeper into Masterworks, an investment platform that…
For the Happiness of All Humankind
I’ve been thinking a lot about happiness recently. Not so much about what makes me happy, but about the mechanics of creating sustained happiness in life. Over and over again, I read about successful people I admire who have all the money they need but still don’t feel fulfilled with their lives. The actor Jim…
32 Questions, Five Years in the Making
More than five years ago, I started reading an anonymous money blog called 1500 Days. The writer had a similar idea to mine, to escape the rat race early and stop working on his terms instead of what’s traditionally considered normal retirement age. Since the beginning, the 1500 Days blog has hosted an almost weekly…
Investing vs. Gambling – What’s the Difference?
What’s the difference between investing vs. gambling? Well the simple answer is math, but there’s more to it than that. In my mid-teens, I went to Atlantic City with my family for an evening on the boardwalk. I was deeply interested in money for someone my age, so gambling intrigued me. You must be over…
The Creation Mindset – Accelerate Your Wealth Trajectory
Buying compact discs (CDs) used to be a thing. That’s how we bought music back in the 1980’s and 1990’s. I spent a few thousand dollars on CDs throughout high school, college, and my early working years. One summer, I worked in a record store to earn money because my internship at a financial services company was…