If you’re considering buying a home, it’s important to be aware of the current challenges: Unfortunately, these issues aren’t likely to improve soon. However, with the right strategies, you can still successfully purchase a home. Here’s how. Understanding the Current Market Home prices have skyrocketed, with a 17% increase on average from 2020 to 2021 … Read more
Today, I’m thrilled to share what I consider to be one of the most important letters I’ve written—one that could potentially transform your financial future. Now, a quick warning: this letter is a bit longer than usual, but I promise it’s packed with crucial information you won’t want to miss. So take a moment, settle … Read more
As we conclude the “Invest Money” series, I’m eager to share insights on an essential topic: the 4% rule and how it can shape your retirement planning. Understanding the 4% Rule If you’ve been engaged with investment literature, you’re likely familiar with the concept of the “4% rule.” This rule provides a guideline for withdrawing … Read more
Today, I want to discuss an important aspect of investing through the lens of recent events and timeless principles. A Cautionary Tale Not long ago, I learned about a New York couple who tragically took their own lives due to overwhelming debt—over $200,000. Fortunately, they survived, but this incident serves as a stark reminder of … Read more
Both of these authors have taught me a great deal about finance, and their perspectives are worth considering. They agree on one critical point: while the market appears stable now, a crash is likely on the horizon. When Will It Happen? While it’s impossible to predict the exact timing of a market downturn, my best … Read more
I want to share a personal anecdote from yesterday. While hiking in Muir Woods, I witnessed a man trip and tumble down a steep hill. Thankfully, he was alright—miraculously so! There were plenty of people around who quickly came to his aid. This unexpected incident brought to mind a concept that is highly relevant in … Read more
Let’s imagine a time not so long ago (before this finance series began). What would your first step be if you wanted to learn about investing? If you were to search for “best books on investing,” you’d likely encounter the same title repeatedly. Go ahead and test this out; ask a friend knowledgeable about finance … Read more
I’ve often remarked that your psychological state can be your portfolio’s harshest enemy—and today, I want to elaborate on why understanding this is essential and how you can protect yourself from it. Don’t Dismiss All Your Thoughts First, we must identify this invisible adversary. I’m certainly not suggesting you ignore your brain altogether. Instead, what … Read more
As we wrap up the “Invest Money” series, I want to dedicate two letters to exploring an essential topic: understanding how the economy functions. Why Discuss the Economy? It’s crucial to grasp economic concepts because the news often exaggerates financial events. When economic downturns occur, it can feel like the sky is falling. But if … Read more
I know you might be curious about where I found that eye-catching image at the top. It was created by my talented designer friend, Alejandra. Unfortunately, she doesn’t have a website yet, but she’s working on it! If you have any design needs, I highly recommend reaching out to her. Now, some of you might … Read more
