February is quickly ending. This winter has been long and cold, so I am happy that Spring will hopefully be here soon. Here is a quick personal financial update as this winter winds down. Real Estate Investing The biggest news of the month is that we were out shopping for investment properties a couple hours…
SMBX is an online platform dedicated to helping small businesses raise capital via bonds. Its marketplace caters to both small businesses looking to raise capital for their startup as well as to retail investors who want to invest in these business ventures. The minimum investment is $10, and the maximum return currently being offered is…
Are you searching for ethical companies to invest in? What is an ethical company? Should your ethics be a consideration when investing, or should you chase after profit? Obviously, you will have to answer these questions on your own, but if you are looking for some companies to invest in that are considered ethical, then…
A personal financial update for February 2021. It’s been a while since I posted what’s going on with me, so here we go. Debt I’m still debt free and plan on staying that way for the rest of my life. Currently my only debt is my mortgage. I’ve been looking into doing a refinance on…
If you have investments, then there are a few common asset allocation rules of thumb that you can follow to help you better manage your portfolio. These basic rules of thumb can help you to both grow and preserve your nest egg. Risk Tolerance A common asset allocation rule of thumb is the rule of…
We are in the middle of remodeling the bathroom at our cabin. As of the writing of this posting, the project is around 75% complete. I still have more work to do, but things are starting to come together. Here is a brief overview of the progress so far. Costs The average bathroom remodel…
Should scale trading be part of your investment strategy? What exactly is this trading strategy? We’ll take a look so you can determine if you want to employ this style of trading. What is Scale Trading? There are two basic types of scale trading. Scaling in is a trading strategy where you buy a security…
It is common sense that cooking your own food will save you money. But how much can you save? And, what about some of the other benefits of cooking for yourself? Can a case be made for eating out? I’m going to look at some of the details of eating out versus cooking at home….
Will the market crash soon? Some say yes, and some say no. There is really no way of knowing until the market actually corrects. Afterwards, people who believed that the market was in a bubble will say “I told you so.” But, trying to predict if the market is in a bubble right now is…
What is the average net worth by age? How does yours compare to others in your age group? What can you take away from these numbers? Tracking your net worth can help keep your personal finances in check since it measures your overall portfolio value and not simply your income. You could have a high…