Borrow money to make money Today we’ll explore a common question I get asked all the time: What is my thought process behind leverage? The short answer is simple. I want to make high returns without being exposed to high risk. Normally the two go hand-in-hand. But leverage allows me to separate them. For example, a speculative marijuana stock may grow 20%… Read More »
In a World of Abundance Over the last couple of weeks I have indulged in many pleasant gastronomic experiences around the city. Below are some pictures of events I attended and the food I enjoyed. And here’s the kicker. 😀 Everything was free! Free Food is Everywhere Why would companies hold events to give away food to the public?… Read More »
I recently came across an informative and inspiring thread on the financial independence subreddit about additional income streams that people have. Here are some ones I thought could be relevant to people who read this blog. Ideas for Extra Income Rent your car. Turn a depreciating asset into an income stream. 🙂 “I rent my car out on… Read More »
New stock market highs aren’t that special. Here’s why. Some people inaccurately believe that any time the stock market reaches a new high it must mean that we are near a peak, and it’s a sign that stock prices will probably fall soon. Many undisciplined investor may choose to pull out of the market when this happens. However doing so… Read More »
Become Wealthy without a High Income Several years ago I read a book called Millionaire Teacher by Andrew Hallam. The book explains 9 rules that allow someone on a teacher’s salary to become a millionaire by saving and investing. After purchasing the book I was pumped to find out how he did it. After all, if the author… Read More »
For buy and hold investors, some like to actively pick and choose individual assets to buy, while others prefer to invest in the entire market. But which is a better investment strategy? Similar to a cronut, the answer is simple, but may not be obvious. Which Investment Style is Better: Passive or Active? The Cronut is a pastry… Read More »