Paving the way for better future returns. The solution to a stock market correction (10% drop) is often a bear market (20% drop.) It sounds odd. If investors are already upset with a 10% decline of their investments, how would losing another 10% help? But it’s all about the time horizon. historically bear market years have been followed… Read More »
What’s your sign? What is your take on horoscopes? Legit or completely meaningless? If your birth month has no effect on your future prosperity then the rich should be proportionally distributed. Yet that’s not the case. For example, roughly 9% of people in the general population are Libra. However, Libras make up nearly 20% of billionaires. Meanwhile Sagittarius… Read More »
Why it’s hard to replicate success After celebrating my millionaire status last year I reflected on my past and examined what factors contributed to my financial growth. I’ve realized that a big part of my wealth comes from simply being in the right place at the right time. 🙂 Sometimes good things just happen to me for no… Read More »
My experience working under Jeff Bezos, indirectly. As many of you know I held a full time job for a month after my layoff in February. This company is the online retailer, Amazon. 🙂 I was a warehouse associate at an Amazon Fulfillment Center. It was a lot of fun! And I’ll never forget the lessons I learned… Read More »
Outgrowing The “Middle Class” Label Hello high-income earning friends! It’s been a few years since I’ve written about my income from a holistic point of view. So for the sake of transparency I thought I would give everyone an update on my income situation. My salary is currently closer to $60,000 than it is to $50,000. I won’t disclose the… Read More »
I think believing in superstitions is bad luck. But bad things can happen to anyone. So one way to deal with unexpected situations is to be like Batman and have a contingency plan for everything. 🙂 I’ve recently updated my stress test page to reflect my current financial situation, which has improved since last year. A stress test removes uncertainty… Read More »