Six ways to access retirement funds early
Why you shouldn’t be worried about “locking up” all your money inside of retirement accounts until you’re old!
Author: jerschneid
How to make $5 million from 10 years of bartending
A look at how Nicole grew her wealth to over $5 million from just 10 years of bartending
Percentage of months when the stock market is up
With the recent volatility of the market, I thought it would be a good time to remind everyone to think long term. Yes, we’ve had a big down and up this year. And in response you may want to jump in and out of the market to try to avoid future downturns. But when you […]
The Ultimate Investing Checklist
This simple checklist tells you in which accounts to invest, in which order, which investments to buy and when to sell. Everything you need to know on a note pad!
How I retired at 36
I often get asked how I “retired at 36” so here is a bit of my story!This really isn’t supposed to be a “see how easy it is” or “anyone can do it the way I did” post. I fully acknowledge I had a huge amount of privilege and unfair advantages. Graduating from college debt […]
Choose how to build wealth
Every person I have ever met who has built real, long term generational wealth has done so slowly. Over the course of decades. Every person I have ever met who is constantly chasing the next way to get rich quick is broke. I don’t think my experience on this is unique. Get rich quick […]
Invest like a robot
When you pick and choose stocks, you’re making a bet that you know more than the sum total of human knowledge that is constantly being priced into the stock market. And there are big trading companies out there that take advantage of humans who do this. One of my favorite examples is a story […]
EFT vs Bank Wire
TL;DR Choose EFT Explanation When you link a new bank account to transfer money to or from your brokerage (Fidelity, Vanguard, Schwab, Betterment, etc) it will ask you if you want to use Electronic funds transfer (EFT) or Bank wire as shown in this image: EFT, also known as ACH (Automated Clearing House) or eCheck, […]
Are index funds mutual funds?
I talk a lot about index funds and sometimes I hear things like “I would never invest in a mutual fund.” While, I think the intentions are right (to avoid higher fee, under performing investments) I think it’s worth pointing out the nuance in what we call things. A “mutual fund” is a big […]
What is the best index fund? Comparing US total market and S&P 500 index funds
I often get asked, “what is the best index fund?” And the answer is really “You’re kinda missing the point”. There aren’t really “good” or “bad” index funds. They all do the same thing and that’s the point. They follow the index they’re assigned to. And all the little details just don’t matter that much. […]