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All in Personal Finance
We may not know when the next recession will come, but one thing's for certain: it's easier to plan for it BEFORE it begins, when times are still good. Here's my plan.
I've been learning a lot about my own financial "standpoint" as I've been writing over the past couple months, and it's been an interesting process. One of the things that I have been thinking about over and over is the amount of money that I'm saving in comparison to my total earnings. How much is enough for me to retire in my early 50's?
The best part about personal financial is that everyone has a personal take on it. As I've been writing over the past three months, I've also been reading a considerable amount of material from other personal finance blogs. One of the things that's interested me the most is the #FIRE (Financial Independence Retire Early) movement. Since this is my personal, personal finance blog, I'll come right out and say that I'm not #FIRE-ing. Here's why:
A couple years ago I developed my own investment guidelines and principles with the eventual goal of building my own portfolio.
How much do I need to retire? I made this easy calculator to find out.
Portfolio Visualizer is a comprehensive suite of investment analysis tools that you used to have to pay thousands of dollars for, but thanks to the interwebs, is now free. Here’s what you can do with it.
I've had a couple of questions swirling around my mind recently, and for whatever reason they all had to do Unicorns (startups value at $1b or more).
Go work for a startup! If you work in technology, chances are you've heard this advice, or you've thought about it on your own, or you're already working for a startup. In any case, I've noticed that there are tons of questions on Quora and Reddit and various other sites with people wondering how to find the "right" startup to join, which usually seems to actually mean "how do I choose a company that's going to make me rich." That's a little narrow-minded maybe, but it's reasonable to wonder how to find a company worth joining.
As I said in my welcome post, I’m going to try to skip the basic stuff in this blog. There’s no way I am going to be able to cover “setting up an emergency fund” any better than Dave Ramsey, or all of the hacks that emulate him. But… this first topic is something that would genuinely be useful for anyone. It’s certainly essential if you plan on saving and investing in any serious amount.
