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If you are familiar with this blog, you know that I like to have written plans.  The purpose of a plan is to have a guide.  I am not into hardcore manifestos that are rigid and do not allow room to make changes.  I like to have plans that are written in pencil and can be amended when opportunities present themselves.  An Investment Statment Policy is a good example of one such plan. I believe in being

This post is the third post in my new series on Travel Hacking.  In Travel Hacking: Round Two, I was expecting the third round to be about using the Chase Southwest Rapid Rewards Card.  Life happened and I had to amend those plans.

The change in plans

I am not new to investing.  I have been an individual investor for a couple of decades.  Over that period of time, I have seen it all.  There have been booms, bubbles, and busts.  As the result of my experience, I wonder if I have become financially agnostic. Over that same period of time, I have not sold low as the markets bottomed out or experienced irrational exuberance when the market soared.  My goal has always been to

When an investment portfolio is being designed, there are a few basic factors to consider.  What is your age? What are your savings goals?  Do you know the type of returns do you expect to earn from your investments?  The most important factor to consider is much risk can you tolerate?  Using beta to measure investment risk is a great measurement to review.

When

An Adjunct Professor is a Professor who is not on the tenure track.  Most Adjunct Professors are professionals who have an advanced degree (MS, MBA, MA, JD, or Ph.D.) and have full-time careers outside of academia.  Many teach evening, weekend, or online classes.  Adjunct Professors are utilized to teach both undergraduate and graduate classes based on their own current level of education and specialization. If you have an advanced degree, want to earn some extra money, and like

In July, my wife and I went to Ireland on vacation.  It was our first time in Ireland.  Last summer, we went to London on vacation.  We tried to combine England and Ireland into one trip but decided against it.  We wanted more time to explore both countries on separate trips. We had a wonderful time on our Ireland vacation. Naturally, I was excited about going to visit Ireland.  What made the trip a little more exciting was that

You did it.  You earned your college degree.  Congratulations on this major life accomplishment. Now it is time to learn about financial planning for new college graduates. Hopefully, you have a job lined-up in your field of study.  If not, don’t get overwhelmed.  Start applying and interviewing.   Before you know it, you will be working, growing your career, and earning a paycheck. The good times are not over, but it is time to enter the real world.  By starting

The first step in correcting a problem is to admit that there is a problem.  Prior to admitting that there is a problem, there is another step.  That is when a person reaches their breaking point and cannot go on living the way that they are living.  That is often referred to as step zero.  Step zero is when a person says to themselves “this crap has to stop”.  It is the breaking point.  It is the point where a person

The Roth IRA is 20 years old.  Where does the time go?  Time sure does seem to fly when you are having fun.  It seems to go faster when you are dollar-cost-averaging and building wealth. That is exactly what the Roth IRA has done over the past 20 years.  It has been a great wealth building tool for many individual investors.  Since it was created, I have been depositing money into my Roth IRA in the form of

Travel hacking is a great way to travel for free.  Travel Hacking is the practice of opening premium rewards credit cards to capture the generous initial bonus points that these credit cards offer to new cardholders.  The hack is based on getting the bonus points, closing the card before the annual fee is due, and never paying interest or carrying a monthly balance.

I first learned