For fun we did a quick Twitter poll to see how much people spent on their first down payment. This led to a series of various tweets and we noticed one common theme: many rich people bought a rental first. Before people jump in the comments and say “but I know so and so who […]
The richer you get the more likely you are to suffer from these “problems”. In fact many of you reading this, likely a larger portion than most assume, will find it entertaining. In standard fashion, instead of just listing out the issues we’ll attempt to provide a few solutions as well. They aren’t great but […]
Q&A is now closed thank you! Enjoy the Weekend!
One common recommendation from personal finance “experts” is to save 10% of your income. Unfortunately this advice is absolutely awful and will make sure that you’re extremely far behind over a 30-40 year time frame. Why? Well the numbers only work if you expect to make the same or less as you get older. We’ll […]
For fun we decided to look into the Millennial generation which consists of people born between 1981 and 1996 (22-37 years of age). It’s an interesting age group as a chunk of them graduated only to see the Great recession and the ones that are even younger on the age bracket are racking up Student […]
When we wrote Triangle Investing we went straight to the point, areas we think will grow long-term and didn’t provide how we got to these conclusions. We explained why we thought they would grow materially over the next several years but didn’t include the “thinking” part of the equation. Since this is more abstract we […]
We’ve taken the time to aggregate everything we’ve seen from the Q&A to go ahead and address common questions. While the Q&A will unlikely ever be opened to the public, the most common questions should be addressed here to 1) save time on redundant questions and 2) make things run more efficiently in the future. […]
One of the main items we attempt to portray here is that there is an actual decline in utility when it comes to money. We definitely don’t agree with mainstream advice that “utility” ends at $70,000 a year. But. There is definitely a line. We’ll walk through multiple ways to use money. Up front we’ll […]