Benefits and Perils DIY Basketball Court
Lifestyle
3

The Benefits and Perils of DIYing a Basketball Court

If you happen to have a spacious backyard and want to utilize the space to maintain an active lifestyle for you and your, otherwise Xbox-obsessed kid to enjoy, one option is to build a pool. But the maintenance cost has the potential to suck your discretionary income dry. The last …

What turning 50 means to your finances
Retirement

What Turning 50 Means to Your Finances

If you’re wondering why you haven’t seen a new post in weeks, it’s because I was extremely busy. For starters, I’ve built a mini-basketball court in my backyard, moving 20 tons of gravel using a wheelbarrow in the process. My employer also demanded that we start working in the office, …

Calculating Warren Buffett's Rate of Return
Investing

Calculating Warren Buffett’s Rate of Return (and what you can learn from it)

In a 2018 Berkshire Hathaway annual shareholder meeting, Warren Buffett stated that if someone invested $10,000 in a stock index fund back in 1942, it would have been worth $51 million. An index fund is a type of mutual fund designed to match the performance of the overall market. For …

Top Millionaire Careers in America
Income

Top Careers That Could Make You a Millionaire (and tips on how to maximize ROI)

Here’s a list of top careers where you could sock away a million by the time you retire— many of them don’t even require advanced degrees!

True Cost of Luxury
Lifestyle
6

The True Cost of Luxury (or why the Joneses suck)

My wife and I had a small money argument the other day. I opened a newly delivered Amazon box in my name, and it turned out to be a hiking bag she bought and already owns. We’ve been spending many of our weekends and holidays in the Appalachians lately. “Didn’t …

How to lose weight and save a ton of money
Lifestyle
7

How to Lose Weight and Save a Ton of Money

Would you rather be fat and wealthy with no guarantee of ever becoming fit? Or would you rather have excellent health for the rest of your life with no guarantee of having good fortune? Any smart person would pick the second right away. If you’re guaranteed good health, you’re already a …

Why you probably don't want to live in a mansion
Lifestyle
6

Why You Probably Don’t Want to Live in a Mansion

I grew up thinking my family was poor. We lived in the heart of Manila but outside of gated wealthy villages in nearby cities. My parents didn’t buy me toys or new clothes. I only got to wear hand-me-downs because I have eight older siblings. I knew we were better …

Financial Planning
5

How to Protect Yourself from Rising Inflation

Talks about inflation have been the rage across news outlets and social media lately. Biden’s $1.9 trillion coronavirus stimulus package is freaking out too many stock-market pundits faster than the vaccine rollout. Some are probably on drugs to even suggest it could reach hyperinflation levels. This fearmongering has led people …

Richest Immigrant is Elon Musk
American dream

Here are America’s Richest Immigrants in 2021

Forbes has yet to release its annual list of billionaires for 2021, but I’m not relying on an outdated list this time. Instead, I’m publishing my highly coveted immigrant billionaire list based on last weekend’s closing prices. “But why should we admire these super-rich guys we have no chance of …

Why Married Couples Who Combine Finances Get Richer
Relationships

Why Married Couples Who Combine Finances Get Richer

When my wife and I first dated, I had to fly to Dallas to see her. She offered that I stay in her apartment while she goes back to work, which I accepted without hesitation. I was too cheap to get a hotel room. A whirlwind romance followed, I proposed, …