Wednesday, November 29, 2017

Equifax Gives Free Credit Monitoring To Pretty Much Everyone In The U.S.

In July, Equifax discovered its security systems had been compromised and the financial data of up to 143 million Americans had been stolen. Compromised data included names, addresses, social security numbers, drivers license numbers, birth dates, and credit card numbers. It was, quite frankly, a colossal screw up. Equifax has a website you can use to see if your data was part of the compromised information. Visit https://trustedidpremier.com/eligibility/eligibility.html...

Wednesday, November 22, 2017

I Reached A Passive Income Milestone! Let Me Show You How You Can Do It Too.

I’ve written before about passive income and why it is great. It’s the underlying basis for this blog – I plan on paying for my Tesla with passive income. Sometimes, passive income can be boring. Actually, I prefer it to be boring. When I talk about passive income, I want the same, predictable amount coming to me each month (or, even better, an increasing amount). I’m not looking for huge gains one month and losses another. Slow and steady...

Wednesday, November 8, 2017

Your House Is Not An Investment

"Your house is not an investment." - My grandfather My grandpa told me this one day when I was a teenager. He was driving me home from somewhere and we were stuck in traffic on the freeway. I don't remember what the whole conversation was about, but that line stuck in my mind because it was the opposite of what I heard so often before: "The path to the American Dream starts with home ownership." Many people, including financial advisors, advocate...

Wednesday, November 1, 2017

Goal Update: End Of October 2017

At the end of each month, I post an update of my goals, including a brief discussion of any notable events that might have occurred during the month. The latest month's figures can always be found under the Featured menu in the menu bar at the top of the blog. Last updated: End of October, 2017 Current value: $36,165 Change from last Month: +1,201 Percent of Goal:  33.3% Note that the funds in this account...