If you think early retirement is out of reach, think again. I thought that early retirement was out of reach but it’s only out of reach if you think it. Once my other half reached early retirement, I knew that we were headed in the right direction and that early retirement was actually feasible. In my site, I wrote about many topics that have helped us reach this milestone. I’m still on my journey but when I look back, these…
I’m always looking to see what my next investment should be. In 2020, I focused my investments in Apple (APPL) which turned out to be a win. I was able to get Apple before the 4-to-1 split. Before investing, always do your research. This is what my investment focus is in 2021. Now that 2021 is here, what is a good investment? It’s going to be tricky because we’re still fighting the impacts of COVID-19, many Americans are struggling because…
Want to lose weight? Want to turn that hobby into a business? Want to save money? Want to finally start that blog or vlog? Want to build more income? Want to be a nicer person? Want to give more? What’s your New Year’s resolution for 2021? My resolution is to stay consistent. 2020 was a very tough year to keep any resolution because of COVID-19. If you had problems keeping any resolution, why not try it again in 2021. Never…
2020 will definitely be a year to remember with COVID-19, economic shutdown, government stimulus, virtual school and work, and an interesting election year. Financially, it sure was a roller coaster year. With the country shutdown due to COVID-19, the economy took a dive but shortly came right back and eventually hitting all time records. This was interesting especially when unemployment was high, small businesses were closing, and states were again taking stricter rules to combat the spread of COVID-19. Tech…
I came across a dilemma that you probably have come across at one point in your life. Should I trade in my car for a new one? Well, the answer isn’t that simple because there’s a number of factors to consider. I have a 12 year old SUV with 180K miles and I need new tires which will cost me approximately $1000. When my car reaches 200K miles, I’m going to have to spend another $1000 to change the timing…
There are risk takers and there are risk avoiders. I, myself, am more of a risk avoider especially when it comes to things I’m not familiar with. Normally, I like to take my time to research and learn the topic at hand until I’m comfortable. When I look back, there are many situations where I probably took too long to research. I probably took too long researching how to start a blog and learning cryptocurrency. One of the risks of…
So I have a high yield savings account and over the past couple of years, the interest rates have just gone down so low it’s unbearable. I’ve contemplated whether or not to move my savings into my stock portfolio or a mutual fund. However, I’m all about not putting all my eggs in one basket and to diversify my portfolio. Currently, my high yield savings account earns 0.40%. It’s healthy to shop around. It’s not personal, it’s interest. I’ve been…
An emergency fund is exactly what it says…for emergencies. You never know what life brings you so being able to have funds that will help you through an emergency can lessen the financial stress. If you’ve ever been laid off, had an unexpected death in the family, a medical emergency, or other, one of the first things you probably think about is how to afford the financial obligations. It’s good to build an emergency fund. How Much How much do…
The year 2020 has come with a lot of news and challenges that have affected the economy: Covid-19, Presidential Transition, and a recovering economy from the pandemic. Now there have been more news this year but the most economic influences, in my opinion, are these. We saw that a huge dip in the stock market when it forced shutdowns and more people were working from home. Plan for an economic recovery. With the market, you have to keep an eye…
When I first started writing this blog, I asked myself what does early retirement mean to me? It has different meanings depending who you ask. In my About page I wrote that early retirement doesn’t mean that I stop working. Rather it allows me to explore other opportunities without causing a financial burden to myself and my family. One amazing accomplishment is that we are half way there to achieving early retirement. As the title of this post states, my…