What’s In Your Wallet? (And Why It Matters)

It’s time to answer the question that’s probably burning in your mind at this very moment… How much cash should I carry in my wallet? As it turns out, a lot more goes into that decision than you may think. Read on to find out how the Fed, opportunity cost, and inflation all impact how much cash you should carry in your wallet (and more importantly, hold in your portfolio). Continue reading “What’s In Your Wallet? (And Why It Matters)”

Please, Don’t “Save” For Retirement!

Lemmings Will Never Be Financially Independent!

Most books about personal finances repeat the same mantra: “max out your retirement accounts every year, and you’ll be able to retire comfortably at 65.” I don’t know about you, but I don’t want to live my entire life preparing for age 65—I don’t have that kind of patience! Continue reading “Please, Don’t “Save” For Retirement!”

It’s Time To Break Up With P2P Lending

I have to start off by admitting that so far, I’ve been consistently making about 20% on my peer-to-peer lending investments, which is obviously a great return. But I stopped investing more money in Prosper and Lending Club after realizing just how fragile this house of cards could be. Continue reading “It’s Time To Break Up With P2P Lending”

Outsmarting Yourself—The Trend Chasers

What’s the deadliest investing mistake?  It’s the one you don’t know you’re making right now. As we continue to experience a strong bull market, and continue to see equity valuations rise, it’s more important than ever to make sure that investment decisions are not driven by emotion. Continue reading “Outsmarting Yourself—The Trend Chasers”

Don’t Spend It Until You Earn It—Twice

I think we all want to develop abundance in life—abundant joy, abundant fulfillment, and abundant wealth. I’m highly unqualified to discuss the first two areas, but it doesn’t take a counseling degree to observe that few people have abundant wealth. In fact, most spend their lives in a cycle of financial scarcity. Continue reading “Don’t Spend It Until You Earn It—Twice”

My Yieldstreet Experiment

I created this post to track the performance of my investments with Yieldstreet. (Check out my full review of Yieldstreet here.) If you didn’t read my review, Yieldstreet allows investors to pool their resources to fund real estate loans and litigation financing advances. Continue reading “My Yieldstreet Experiment”

Yieldstreet Review—The Best Way To Diversify?

YieldstreetThis is an in-depth review of another relatively new “alternative investment” platform called Yieldstreet. Like many other new financial tech companies,
Yieldstreet is a crowd-funding platform that allows investors to pool together resources to invest. 
Most of these companies (like Fundrise, which I reviewed here) are focused on real estate investments. Yieldstreet also offers crowd-funded real estate investments, but has a few other unique tricks up its sleeve as well. Continue reading “Yieldstreet Review—The Best Way To Diversify?”

My Fundrise Experiment

If you’re wondering what Fundrise is, check out my in-depth review here. If you just want the short answer, it’s an online platform which allows you to invest in large commercial real estate properties. The minimum investment is only $1,000, so I decided to invest $1,000 in two of the three available offerings: the “West Coast” eREIT, and the “East Coast” eREIT. Together, these investments give me exposure to major markets on both coasts, and allow me to diversify my investment across several large debt and equity deals. Continue reading “My Fundrise Experiment”

Fundrise Review—Dabble in Commercial Real Estate

I recently started investing in commercial real estate through Fundrise and wanted to write a review of the platform. Diversifying investments
across domestic stocks, international stocks, and bonds helps ensure strong gains, and minimizes the effects of market volatility. But besides these “traditional” types of investments, real estate and other “alternative” investments provide additional diversification value and large potential returns. Continue reading “Fundrise Review—Dabble in Commercial Real Estate”

How I Invest When The Market Is Headed For A Bad Year

Does anyone ever send you articles about how the economy/stock market/world is going to collapse in the next few months? You know, a quick email like: “Hey man, I just wanted to share the infinite wisdom of this op-ed article with you so you don’t lose all your money…” Continue reading “How I Invest When The Market Is Headed For A Bad Year”