Lost Fortune Tesla

Lost Fortunes

Where we are in life right now is a result of the the sum total of all our decisions, good or bad.  One aspect of economics that I find fascinating is hindsight, which is almost always 20/20.  Throughout history their are several accounts of fortunes lost, either due to circumstance …

ESPP

Maximize Your Employee Stock Purchase Plan

The employee stock purchase plan, also known as an ESPP is an excellent wealth building tool offered by employers  to encourage employees to have a stake in the company.  On average the plan looks something like this: You select a certain amount of pay to contribute to the plan and …

wealth building

Jump Start Your Children’s Wealth Building

Last year I wrote about helping teenage children fund their IRAs in order to boost their long term retirement savings.  The more years for compounding the better we are when it comes to retirement savings. There are of course different goals that young adults have when they enter the real …

Awesome Articles

November 2014 Awesome Article Roundup

Throughout the month of November I read several articles and these are the best I came across. Each one of these gave me some thought and discussed ideas that I find interesting.   Joe at Retire by 40 wrote “Can You Live on $1,250/mo in Silicon Valley?” discussing a conversation …

Mortgage in Retirement

Take Out A Mortgage In Retirement?

I drank the Dave Ramsey Kool-Aid years ago, so I actually cringed when I thought about this topic.  Overall I am a big fan of paying off the house early, SUPER EARLY to know that the roof over your head is paid for and to end the constant monthly payments. …