Author Archives: Liquid Independence
The unfounded obsession with index investing There’s a common belief that attempting to outperform the stock market is futile so everyone should index invest. But is it true? 🤔 A thread on the r/investing subreddit asked if anyone can beat the market. Here are some community replies: “I know I am statistically extremely unlikely to beat the market,… Read More »
Let others make your mortgage payments for you If you’re tired of paying your mortgage on your own then this post is for you. The MIC manoeuvre is a legal tax strategy that allows you to effectively get other people to service your mortgage, so you don’t have to. How does it work? You simply borrow money to… Read More »
The new normal The year is 2030. Self driving cars are delivering fast food right to people’s front doors. China surpasses the U.S. as the world’s largest economy. Everyone uses mobile wallets instead of credit cards. Increasing wealth inequality has created constant social unrest. But one thing hasn’t changed. Interest rates continue to remain at rock bottom. You… Read More »
What I did to grow my passive income Here are the 3 secrets I use to earn 20% return on investment. Look for relatively undervalued dividend growth stocks. I use the stock screener at Yahoo Finance to help me find the best stocks. Do not sell too early. The only time you should consider selling a stock is… Read More »
Transaction Codes Over the years I have seen many different types of activities in my bank accounts. But sometimes I don’t know what the transaction codes mean. And I’m left scratching my head as to what I’m being paid or charged for. Here’s an example of my account statement. So to make life easier I’ve compiled a list… Read More »
This is the third and final post in this series where I discuss the most influential events of my personal finance journey. I like to save the best for last so today I’m discussing a book called, “The Millionaire Next Door: The Surprising Secrets of America’s Wealthy,” by Thomas Stanley and William Danko. 🙂 The Millionaire Next Door… Read More »