My grandfather used to always say “When everyone’s running in one direction, you should be running in the other.” Well, this past week was a great opportunity to follow that advice and pick up some new dividend stocks. When the stock market started to drop, people started to panic… everyone and their brother was hurrying to sell what they could before “they lost it all.” The media hyped it up even more and got people even more worried. The good news is …
When I was in my twenties, I had this vision that I would be very rich. Rich, rich, rich!! I thought I needed to have all the money in the world if I was ever going to be done working. I mean, how else can you retire if you aren’t rich and sipping champagne on a yacht near your own private island in the Caribbean somewhere??!! Now, although that vision coming to fruition would be great, it took me until the past …
You Don’t Need to be Rich to be Financially Independent!! Read More »
The majority of my net worth is tied up in my 401(k). The reason, if you remember, is that my employer gives me an unlimited 35% match on my plan. This makes it hard to pass up the free money. However, it makes it a lot harder to get to that money when retiring early. When I was younger, I really just planned on having millions… being rich would just carry me into retirement. However, after digging more into things …
As my brother and I got older, we both gained a good understanding of how important money really is in our society. We both made sure that we worked our way up into solid-paying jobs and we continue to pull in more income where possible. He went after and gained his real estate license on top of his regular career to help bring in additional money. I went the landlord route to chase after long-term cash flow. However, we like to laugh at how …
