Author Archives: Liquid Independence
Road to Recovery The S&P 500 climbed 13% in April, gaining back most of the losses from March. I picked up some new stocks during the low points in the first quarter so the V-shaped recovery is nice to see. 🙂 Leading the bounce back are technology stocks. Amazon just announced it made $75 billion in Q1 revenue,… Read More »
Building an Asset Column There were three events that greatly impacted my financial life. This is part two of three, where I will be writing about asset columns. The main idea is to buy income producing assets that generate perennial money over time. I first came across this concept when reading the 1997 book Rich Dad Poor Dad,… Read More »
I don’t trust millionaire florists. They’re always running some kind of pansy scheme. Fortunately there are more legitimate ways to build wealth. I recently watched a YouTube video where a young realtor in California named Graham Stephan explains how he became a millionaire in his 20s. He says just about anyone can become a millionaire in 10 years… Read More »
Long term planning There were three events that had a profound impact on my financial life. They helped me realize that when you choose to invest, you are not just picking up a new hobby or side hustle. You are actually choosing a lifelong career – a future. Much like a marathon, investing is for the long run.… Read More »
Monitoring the Outbreak Over a million confirmed people have been infected by the virus. Many countries are starting to see the curve flatten so maybe the worst is behind us. Even so, we should continue to practice physical distancing and regular hand washing. Make sure to stock up on food that won’t spoil quickly. Lately I’ve been telling… Read More »
This financial crisis appears to be getting worse by the day. The economy is stalled and millions of workers have lost their jobs. 🙁 Did you hear about the man who was fired at a coffee factory? They say he had no filter. 😎 But there is a silver lining here. As the stock market sinks the dividend… Read More »