Apr 30, 2018
#127: Most people know what they “should” do — save for the future. Spend less than they earn.
Why do so few people follow through?
The answer may have less to do with tactics, and more to do with a person’s deep-seated beliefs, fears and anxieties around money.
Your income, debt, and spending habits aren't...
Apr 23, 2018
#126: It's time to answer real estate investing questions!
"We're thinking about buying a duplex on a beach in a popular vacation destination in Florida. If the property stays 85 percent occupied as a short-term (VRBO) rental at current rates, the income from one unit of the duplex could cover the costs of a...
Apr 16, 2018
#125: Morgan Housel has spent thousands of hours reading about investing.
As a former columnist for the Wall Street Journal and The Motley Fool, he's spent more than a decade reading, interviewing, thinking and writing about how to manage money.
And he's come to a simple conclusion: less is more.
Doing nothing is often...
Apr 9, 2018
#124: Former financial planner Joe Saul-Sehy and I answer five questions about investing, retirement, insurance, travel and selling an expensive car.
Eliana is 25 and makes $63,000 per year, plus a little extra from freelance work. She holds $95,000 in cash, $67,000 in retirement investments, and no debt. She doesn't...
Apr 2, 2018
#123: In the 1970's, a woman named Vicki Robin teamed up with a man named Joe Dominguez.
They came from different backgrounds: she was an Ivy League graduate with a comfortable upbringing; he was raised in Spanish Harlem on "welfare cheese."
But they shared one common thread: a commitment to financial independence, not...