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How to Start a Blog and Why You Should

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A few weeks ago, I went to drop RB40Jr off at school and met one of his friends’ mom. We hit it off because she's from Thailand and we had a short conversation while we waited for the kids to go inside. She asked what I do, and I told her I’m a blogger. She must […] Read More

What if you always maxed out your 401(k)?

{ 189 comments } What if you max out your 401(k) every year?

What’s the surest way to become a millionaire? I can tell you right now - max out your 401(k) contribution every year. This is the simplest and most assured method to build wealth. The problem is you have to start investing young and most of us didn’t know that when we were young. Most of […] Read More

How We Generated Passive Income in 2017

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***I added a new Passive Income page. You can click to it from the menu on top of this site or follow this link - Passive Income. I will update that page monthly. Happy New Year! 2017 was a great year for investors and our passive income was great too. This was the first year […] Read More

What’s Your Lifetime Wealth Ratio?

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A couple of weeks ago, I received an email from Social Security reminding me to check my Social Security Statement online. It is a good idea to check your Social Security Statement at least once per year to make sure your earning record is correct. If there is any mistake, then you need to correct […] Read More

Read This Before Buying Your First Home!

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Congratulations to all the new college graduates! You’ve got the world ahead of you, so go out and conquer it. Actually, it’s probably pretty stressful right now because starting a new phase of life is a huge endeavor. I was very nervous when I graduated and moved to Oregon to start a new career. It […] Read More

How Will You Invest with Low Stock Market Return?

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Nobody knows how the stock market is going to perform in the short term so we shouldn’t worry about it. On the other hand, long term profit is more predictable. Historically, stocks return about 7% per year after adjusting for inflation. Passive investors (index funds) who are in it for the long haul can count […] Read More

3 Books I Wish I Read in My 20s

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A while back, I did an interview and one of the questions was - what 3 books do you recommend. This question came up a few times now so I thought I’d write up a good answer here so I can refer to it at anytime. BTW, this is a good tip for new bloggers. […] Read More

Why You Need a Roth IRA Folder

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Taxes are due tomorrow, April 18th! I hope you’re done and filed them already. I’m a terrible procrastinator when it comes to filing taxes. Our taxes were done a few weeks ago, but we didn’t completely finish reviewing everything until last weekend. Who wants to sit down and double check 40 pages of inane numbers?  […] Read More

Blog Income Wrap Up – 2016

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Alright, I am almost done with our 2016 taxes! I just need to double check everything and it’ll be ready to go. Good thing our taxes were relatively simple last year. The rentals were occupied the whole year and that made the rental portion very easy. I also sold a few stocks to take profit […] Read More

My Best Investing Advice for Recent College Graduates

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Last month, I got an email from a reader who wanted to know how I’d invest if I recently graduated from college. This is an interesting question. On one hand, we are doing pretty well financially so that means I did a lot of things right. However, I also made plenty of mistakes when I […] Read More