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Continue reading →: Financial Health Check for the New YearHappy New Year! Let’s hope that the new year brings good health and much prosperity. Speaking of prosperity, one thing that I like to do at the start of every new year is to take the pulse on my financials – specifically to see where I am year over year. …
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Continue reading →: Are You Considered Wealthy?Charles Schwab does an interesting study each year on Americans’ perspective on what they consider to be wealthy in 2024. You can find the full report here but I’m posting a few key takeaways. Here is what Americans think they need to both be considered “wealthy” and “comfortable” – As…
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Continue reading →: Maximize Your Savings with a Health Savings Account (HSA)We’ve all heard about the rising costs of healthcare and the fact that those costs are outpacing the rate of inflation. It’s a fact that nearly everyone will need healthcare in their lifetime, and more often than not those needs will increase as we age into our retirement years. Is…
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Continue reading →: Should You Pay Off Your Mortgage Early or Keep Investing? | Factors to ConsiderOk, so you have a mortgage on your primary residence. That puts you in the majority as around 60% of homeowners in the US carry a mortgage. The question that always arises is, if at all possible, should you pay it off early or should you ride it out? Like…
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Continue reading →: Understanding Unproductive vs. Productive Debt: A Guide to Wealth AccumulationThe term “debt” seems to always seems to come with negative connotations. But is all debt bad? Well, not necessarily. Most financial professionals qualify debt in two ways – Unproductive and Productive. Unproductive Debt – debt that is incurred to purchase something that doesn’t generate income or build wealth. Examples:…
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Simple and Effective Investing: S&P 500 Index Funds Explained
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Continue reading →: Simple and Effective Investing: S&P 500 Index Funds ExplainedIn a previous blog post I talked about the FIRE (Financial Independence Retire Early) movement. One bit of information I have gleaned over time from this movement is the tendency to live your life being more conscious of ways to do more while spending less. And yes, this also applies…
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Continue reading →: 10 Tips for Ensuring Job Security in a Challenging Job MarketI’ve been hearing from several friends and former colleagues that it’s an interesting job market out there. Companies are calling people back to the office, there are less online job postings, and there are fears of a pending economic downturn. As the near future begins to look less rosy our…
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Continue reading →: Exploring the Potential of Fixed Annuities for Retirement Portfolio DiversificationLet’s talk about annuities today, specifically fixed annuities, as they are something that has intrigued me as a possible way of getting some guaranteed fixed income and returns in retirement. As a quick primer a fixed annuity is a contract that you can purchase from an insurance company where they…
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Continue reading →: Weathering Market Corrections: The Power of Patience in InvestmentThe stock market has had a rough few weeks. The S&P500, NASDAQ, and Dow Jones were all down significantly and the last I checked my specific portfolio was down by more than 5%. What did I do about it? Absolutely nothing. Here’s why. Market corrections (declines of at least 10%)…
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Continue reading →: Monte Carlo Simulation: Predict Your Financial Future with ConfidenceI’m a math guy. I like data. I like facts. I don’t love risk, but I do favor calculated risk. So, let’s talk about Monte Carlo simulations. What exactly is it? A Monte Carlo simulator is a mathematical model or algorithm that uses historical data mixed with a series of…
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I’m Bryan
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