College will likely cost between $60K and 100K a year in the next 20 years. This is based on the projected 3% yearly increase from the current average cost of $25K for public universities and $40K for private universities. The cost would increase to $240k and $400K respectively for a public and private college education.Continue reading “How to Pay For College”
Author Archives: The Fire Investor
How to be a Patient Investor
One of the great Jack Bogle’s most memorable quote is “Buy and hold, but don’t forget the hold”. What is the meaning behind this quote. Lets say you have a stock or ETF that you have bought thereby satisfying the buy part of the equation. You’re now contemplating buying more shares to add to yourContinue reading “How to be a Patient Investor”
How to develop an income stream
Investing in stocks is like farming. There is a time to reap and then there’s a time to sow. It’s a great hobby to partake in if you have patience. That’s why the stock market is not the best place to keep your emergency funds. It’s the same reason why your personal home should notContinue reading “How to develop an income stream”
How to choose between passive vs. Active investing
The reason I hate investing in individual stocks is because at the end of the day there will be winners and there will be losers. All of your individual stock holdings will not win. To win at investing in individual stocks your winners have to outperform your losers. Your winners have to win bigger thanContinue reading “How to choose between passive vs. Active investing”
Perspective
1. Stocks will likely continue to fall for the next 1 month, 3 months, 6 months or 12 months 2. Stocks will likely hit all time highs again in the next 1 year, 3 years, 5 years or 10 years. 3. If you’re a long term investor and don’t need to touch your cash forContinue reading “Perspective”
How to build wealth through investing in the stock market
It’s not about what price you bought VTI/VTSAX or other similar low cost index fund at. Its about how many shares you have.
Reasonable Investment Plan
I just heard another sad story about someone who lost a lot of their nest egg during the Great Recession and can’t retire until they are 70 years old. This individual is now 60 and trying to figure out how to slow down and still maintain a sufficient salary to meet their goals. This situationContinue reading “Reasonable Investment Plan”
Six Figures of Finance
We have six figure mortgages, car loans, student loans and sometimes credit card debt.
Broad Outlook Asset Allocation
I believe our dollars should be broken down into three main categories. Present money, future money and retirement money. These categories should be contributed to after the elimination of debt, with the exception of mortgage debt.
The Market Cycle
I recently read Robert Kiyosaki’s, the author of Rich Dad, Poor Dad, recent article about the seven stages of a financial bubble which was first mentioned in Nobel Laureate Hyman Minsky’s 1982 book titled Can It Happen Again. The seven stages of a financial bubble as Robert Kiyosaki stated in his post are AContinue reading “The Market Cycle”
