Browsing Category : Finance

Not all Debt is Bad


Debt is a 4 letter word in the personal finance community.  Rightfully so.  It’s a dangerous drug that can be extremely addictive.  You can get what ever you want with a simple swipe of a card, or a signed piece of paper at the bank. I mean think about this… You take out a 30 year mortgage and depending on…

Vanguard Isn’t Always The Answer


Vanguard is something that people in the FIRE community hold almost as a deity.  Everything is bench marked against Vanguard, and rightfully so.  They are the fore-fathers of low-cost index investing.  They disperse ownership of the firm to the owners of their funds, therefore incentivizing the fund managers to keep costs a low as possible.  Let’s discuss why Vanguard is…

The Epic Battle Against The Ball Gag 401k


One of the first things that I do when I start a new job, like any rationally-minded person is check out the company’s package.  My past job had a 401k plan that looked reasonable enough.  They matched up to a certain percent (I believe it was 4%) after you had spent a year there and that was 100% vested.  So, really…

The Craziness of Real Estate in LA


So, I had lunch yesterday with some friends.  These are close friends that we’ve known for quite a while.  It was nice, I haven’t seen them in a while, and they are moving into an apartment together. (CONGRATS!) Moving is just such a painful, excruciating time.  But, it came up that they want to buy a place and they are looking…

Why I Use Wealthfront


I’ve been meaning to write this article for a while, and with the recent revelation that Betterment is upping their cash management rates from .15%  for the highest value accounts to .25% across the board, I guess it’s time.  Even the grand pooba himself has taken to writing about this change.  For me (us), I’ve been using Wealthfront for a while…

Is a Mega Back Door Roth Worth It?


With the turn of the year, everyone has all these resolutions and goals that they are trying to accomplish.  Some want to save more, some want to lose weight, some want to travel more, you get the idea.  The Mrs and I have our goals for the year and we’ve set some pretty ambitious savings goals, but one thing that…

The first step is hardest


In my many years on this planet I’ve learned a couple things.  Some are more obvious, some are more personal.  Some are really technical, some are more simple and matter of fact.  But, when it comes to making things happen, there’s one thing that I’ve learned and it’s the first step is the hardest.  I know, I know cliched as…

Cold Hard Numbers


So I’m changing it up today, keeping you all on your toes. Usually Mr. Wow is the numbers man and I like to talk more about the touchy-feely side of financial independence and early retirement. Well, not today.  Today I am going to air out some dirty laundry. I’m going to share with you the harsh realization I faced a…

The Tax Is Right


Let’s reminisce a little bit, remember when you stayed home from school sick and you sat around and watched all those silly game shows that were on during the day?  You would watch, Let’s Make a Deal and The Price is Right, yelling at the TV, telling the people what the answer should be.  You always knew that if you…