Category: Personal Finance

There are two things people seem to want more than anything else: money and power. For the sake of money and power, we study like crazy, work like dogs, delay starting families, then abandon our children once we[…]

I have a guest post from one of my favorite bloggers, Joe from Retire by 40. I’ve known Joe for about 10 years and we live quite similar lives. The main difference is that he was able to[…]

As soon as Houston Rockets General Manager’s, Daryl Morey, tweeted “Fight for Freedom. Stand with Hong Kong,” the lucrative relationship between the NBA and China began to disintegrate. Given the China market is worth roughly $4 billion to[…]

After publishing, The Hardest Mortgage Refinance Ever, a reader asked me whether I’ve ever considered recasting a mortgage instead. My quick answer was no, despite having refinanced multiple mortgages on multiple properties since 2005. I’m all about getting[…]

Praise be to all that’s good in this world! After four months and one week, I finally was able to refinance my primary residence mortgage! My original loan was a 5/1 ARM at 2.5% that began on August[…]

I love people who are loyal. They stick with you through good times and bad. Unfortunately, when it comes to business, loyalty is dead. Firms will spit you out at a moment’s notice. Banks just move on to[…]

On October 2, 2019, Charles Schwab announced that it would no longer charge any trading fees. I remember my father using Charles Schwab in the 1990s and being charged $50 a trade. Immediately after the announcement, Charles Schwab[…]

When I sold a key SF rental property for 30X annual rent in 2017, I was both ecstatic and sad. On the one hand, I was pumped someone was willing to pay 59% more than what I would[…]

We know from the data that investing in passive index funds over active funds over the long run is the way to go. Over the long run, no rational person would keep on investing in an active fund[…]

According to the Kaiser Family Foundation, the average cost of family health insurance offered by companies is now a whopping $20,576 a year, or $1,714.66 a month. Employers paid for 71% of that cost on average. Meanwhile, the[…]