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How We’re Generating Passive Income in 2017

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Late last year, I received a few requests to update our passive income more frequently. So here it is – a new monthly series to keep track of our passive income. Actually, this will be very helpful for me as well. Previously, I reviewed our passive income once per year and it was too much […] Read More

Why I Prefer DIY Retirement Planning

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When I was an engineer at my old company, I was able to buy the company stock at a discount. I also received some stock options and stock grants. All these shares were deposited in a brokerage account which has a somewhat reasonable fee. Recently, there was a change to the plan and I had […] Read More

Should You Invest in the Stock Market Now?

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Should you invest in the stock market now? The stock market is at an all time high and most stocks seem too expensive. This is a conundrum to new and experienced investors alike. Nobody wants to buy stock if it’s going to crash 30% in 6 months, right? On the other hand, the stock market […] Read More

How to Start Investing in Rental Property

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Investing in rental property is one of the few proven ways to build wealth. Many small investors have been able to retire early with their rental income. I love our dividend income because it is a lot less work than being a landlord, but owning rental properties has been a boon for us as well. […] Read More

How to Start Investing in Dividend Stocks

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I love our dividend stock portfolio! Our dividend income is my favorite form of passive income because it is very passive. I don’t have to do much and the dividends will keep rolling in. I like having rental properties, too, but they are just more work. 2016 was another great year on the stock market and […] Read More

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)

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If you are young and wondering what is the surest way to become a millionaire, I can tell you right now that it is to max out your 401(k) every year. This is the simplest and most assured way to build wealth. The problem is you have to start young and most of us don’t […] Read More

How to Fund Your Early Retirement

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Early retirement sounds awesome, but how do you pay the bills? Many financial planners recommend saving 10% to 15% of your income for retirement. That standard plan should enable you to comfortably retire in your 60s, but it will be practically impossible to retire early. You will have to think outside of the box if […] Read More

How Much Cash Reserves Do You Have?

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Let’s talk about our cash reserves today. I feel a tiny bit of guilt because 7 in 10 Americans have less than $1,000 in savings, according to a recent survey by GoBankingRates. Hey America, wake up and learn about Financial Independence! You need to save more so you won’t be so dependent on your employers. Anyway, […] Read More

My 5 Worst Financial Mistakes

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A few weeks ago, I posted the 5 Best Financial Decisions I Ever Made. Today, we will look at the other side of the coin and share some of my worst financial mistakes. Nobody is perfect and we all make mistakes. The important thing is to embrace your mistakes and learn from them, right? That’s […] Read More