Welcome to the first step in personal finance. The first step, and undoubtedly the most important step, is to have an emergency fund. If there’s one thing in life that’s certain, it’s uncertainty. How is your job security? We can’t control whether or not we’ll be fired tomorrow or where next month’s rent is coming … Read more Step 1: Emergency Fund
Investing and seeking out monthly cashflow can take you down two paths. For me, one of those two paths is earning monthly dividends and selling options to generate income. Another path is to purchase rental property and rent it out, thus earning that monthly cashflow from payments. Today I’m going to discuss the latter: Rental … Read more Rental Property or Stocks: Which is Better?
Hey guys, it’s been a while since I’ve written a blog post. A few buddies of mine and I are currently competing in a Virtual Stock Exchange game on Marketwatch. It seems many of us have caught on the concept of dumping a large sum of money into a Penny Stock and watching the returns. … Read more Penny Stocks: Watch Out!
What is Financial Independence Retire Early? Financial Independence Retire Early, or FIRE for short, is trending and hitting the media. but what is it? FIRE is the status of living in that you are devoid of any financial obligations. It is enjoying life without having worry of a job or bills. Generally it’s the rich … Read more What is Financial Independence?
Now that you’ve completed steps 1 and 2 and are ready to start investing, let’s start with the basics on picking stocks. The majority of my trades are based on technicals and statistics but today I’ll be discussing this from a more fundamental approach with only a minimal touch of technicals. So what factors might you … Read more Picking Stocks: How to Analyze a Company