Financial Independence / Retire Early (FIRE)

Investment Portfolio Changes I'm Making!

Investment Portfolio Changes I’m Making!

It’s time to make some changes to my investment portfolio! I wrote a post last month called We Have a Lot of Cash in Hand Now… Too Much! that discussed how too much of our portfolio is sitting in cash. Apparently, that’s not uncommon right now as I received a lot of feedback in the comments and replies back from my mailing list (which I recommend you sign up for on the sidebar!). So I decided to write a post …

Investment Portfolio Changes I’m Making! Read More »

How and Why To Open a Custodial Roth IRA at Vanguard

How and Why To Open a Custodial Roth IRA at Vanguard

I recently wrote a post called Teaching Kids About Money – Valuable Lessons Instilled. As I was in the process of writing it, I got motivated to open a custodial Roth IRA for my daughter, Faith. If you’re new to this blog, Faith is 10 years old (11 in a few months). When you hear that, you might be thinking, “What the @#$% does a 10-year-old need with a retirement account?” or “Um, Jim, don’t you need to have earned …

How and Why To Open a Custodial Roth IRA at Vanguard Read More »

Stacking Benjamins Show Appearance – Retiring Abroad

Stacking Benjamins Show Appearance – Retiring Abroad

I was very excited to be asked to appear on a special episode of the Stacking Benjamins Show recently. There aren’t many podcasts that I still listen to anymore, but I love listening to Joe, Paula, and Len on this show. It just seems like they’re having a lot of fun but with some good info presented along the way. In case you’re wondering, the other podcasts I still regularly listen to are: Afford Anything with Paula Pant ChooseFI with …

Stacking Benjamins Show Appearance – Retiring Abroad Read More »

Teaching Kids About Money – Valuable Lessons Instilled

Teaching Kids About Money – Valuable Lessons Instilled

Relying on schools to educate your kids about personal finance is generally not going to be a smart move… most schools don’t even have a curriculum to teach them the basics. When it comes to teaching kids about money, the onus falls on you. That’s good news because you have an opportunity to ensure that your children are learning the right information. Just as many parents haven’t been educated about personal finance, many teachers themselves haven’t been either. If you …

Teaching Kids About Money – Valuable Lessons Instilled Read More »

We Have a Lot of Cash in Hand Now… Too Much!

We Have a Lot of Cash in Hand Now… Too Much!

Having cash in hand is a good thing. Whether it’s for an emergency fund or money you’re saving up for something short-term like a car, having money at your disposal is a good thing. But there’s a limit to that goodness and having too much cash in hand can absolutely be a problem. When you have money sitting in the bank, it’s earning a little bit of interest (a real little bit in this day and age!). However, that interest …

We Have a Lot of Cash in Hand Now… Too Much! Read More »

Being Rich – What Would Change in Life?

Being Rich – What Would Change in Life?

Ah, the allure of tons of money… who hasn’t had the dream of being rich?! The things you could afford, the places you could go, the luxurious good times you could have. It’s fun to imagine all the cool things you could do with boatloads of money. Wait a minute, Jim – aren’t you already rich? You retired a couple of years ago at 43 for Pete’s sake! We’re definitely in a position that I’m more than elated for – …

Being Rich – What Would Change in Life? Read More »

4 Lessons Learned After Two Years of Early Retirement

4 Lessons Learned After Two Years of Early Retirement

It’s crazy to realize that I retired at the age of 43 two years ago. December 31, 2018, was my last day of “working for the man” hopefully forever! Now it’s time to present some lessons learned during that time. In the FIRE (financial independence, retire early) community, you tend to read info from a lot of folks who are on the path to financial freedom but aren’t there yet. While that’s great and can present a lot of great …

4 Lessons Learned After Two Years of Early Retirement Read More »

The FI Show Podcast Appearance – Geoarbitrage

The FI Show Podcast Appearance – Geoarbitrage

I first met Justin and Cody from The FI Show at a FinCon conference a couple of years ago. These might be two of the nicest guys I’ve ever meet. I believe that they were just starting their podcast at the time and they had asked me to be a guest at some point. I was game to do it but our paths didn’t really cross much for a while after that. Well, a few months ago, Justin and I …

The FI Show Podcast Appearance – Geoarbitrage Read More »

$1.3 Million Net Worth… Yet Scraping By Right Now

$1.3 Million Net Worth… Yet Scraping By Right Now

Anytime you can throw the words “million net worth” into a discussion, the words “scraping by” shouldn’t follow. It just doesn’t fit the bill. Now before I continue, let me say that we’re fine, but we ran into an interesting financial problem that has messed us up this year. And, of course, my job is to share that with you so you can make sure you don’t run into a similar small dilemma. I’m always very forthcoming regarding our money …

$1.3 Million Net Worth… Yet Scraping By Right Now Read More »

The Financial Impact of Moving Back to the U.S.

The Financial Impact of Moving Back to the U.S.

2020 has been one helluva year, hasn’t it? For us, this pandemic could be the sole catalyst in our possibly moving back to the U.S. from Panama. Not only did our first year there get severely hindered by this mess, but it might also be the reason we don’t go back for a second year. That’s a tough enough pill to swallow considering how much we were enjoying our time there. But life happens and you just gotta adapt accordingly. …

The Financial Impact of Moving Back to the U.S. Read More »