In 2002 I didn’t have any money of my own yet. But today, I have over $750,000 in gross investments. Sometimes I feel like I don’t value money as much as I used to. I guess a lot can change in 12 years. My perception of money Do you ever get the feeling that the more you learn about the world around… Read More »
Ever wonder what happens to the money in people’s bank accounts after they move out of town, die, or switch banks? Well the funds eventually go to the government 🙂 If a bank account becomes dormant for 10 years and the bank has already made 3 attempts to contact the owner but failed, then the unclaimed money is… Read More »
Some people have a fear of losing money. This prevents them from taking the necessary risk with their investments, like buying stocks, to give the best probability of a long term return. The S&P500 returned 20% over the last 12 months, so anyone who holds American stocks like me have probably done well with their net worth over… Read More »
This post explains how to quickly build up net worth without feeling deprived. If I can help it I simply don’t start a routine (which costs money) that is hard to quit. Below are 4 categories where I spend less than the average person. The reason I appear to be frugal in these categories isn’t because I want to save… Read More »
I think one financial problem that has plagued many people is losing their wallets. Some people put a lot of stuff in their wallets and when they lose it they have to replace multiple credit cards, Costco, Safeway, other membership cards or identifications, etc.. It’s a big hassle (╯°□°）╯︵ ┻━┻ But when I look at the pile of cards I have… Read More »
The correlation between having money and being gay Read an interesting article from the Huffingtonpost about how gay Americans are financially more secure than the average American. (huffingtonpost.com/2012/12/06/gay-people-more-financially-secure_n_2249677.html) According to the survey of more than 1,000 gay, lesbian, bisexual and transgender people by Prudential, a financial services company, the average LGBTQ household earns $61,500 annually, which is more… Read More »