What savings rate is right for you?

What are your goals? Do you like your job? What is your lifestyle? Do you want to retire early? Begin with the end in mind. If you want to retire early you need a higher savings rate. If you want to go on more vacations you need a lower savings rate. The more money youContinue reading “What savings rate is right for you?”

Are you living up to your financial potential?

There are many days where I feel like I am not living up to my potential. A lot of times my life feels like ground hog day. Or living for the weekend. Wake up, go to work, repeat. My work is not especially hard. And I am great at what I do. I know softwareContinue reading “Are you living up to your financial potential?”

The 7 laws of money to become rich

Become rich following these laws of money.

April is Financial Literacy Month

Increase your financial literacy and you will increase your wealth.

Power attracts money, powerless repels money

Anyone can become powerful. Money equals freedom and power.

7 Dividend aristocrat stocks that will increase your income

These stocks will get you to financial independence faster.

Your goal needs to be to max out your 401k as quickly as possible

You need to be rich. The way to get rich is to max out your 401k as soon as possible.

You should create your own holding company

I am totally fascinated by holding companies. The 2 most famous holding companies are Berkshire Hathaway and iCahn Enterprises. Warren Buffet and Carl Icahn. 2 Legendary investors who created one business that own several different businesses. They did not create the idea of owning more than 1 business. Big businesses have been purchasing smaller businessesContinue reading “You should create your own holding company”

The ROTH IRA is the greatest thing ever, get one if you want to be rich

If you want to be rich, which should be your goal you should be investing into a ROTH IRA.