Money doesn't grow on trees. And it also doesn't grow in savings accounts at brick-and-mortar banks like Chase, Wells Fargo, and Bank of America. In fact (as of this writing) the average interest rate across all US based savings accounts is a paltry 0.09%. Yet,...
We're surrounded by scarcity. The day starts with "I didn't sleep enough." Then the rush to get the kids fed and out the door is accompanied by the nagging feeling that as parents we're "not present enough." Next, a commute skimming articles on our phones and...
This post originally appeared as an Instagram story. Overpriced avocado toast and retiring by age thirty are two incongruous ideas. Yet, both movements have been birthed by wily Millennials, always looking to disrupt things, like retirement. And while the avocados are a tired trope, not a week goes...
This is part 2 of the Rent vs. own series and check out RadReader comments. The 90s electronic act called KLF (of 3 AM fame) once pulled a publicity stunt that went awry. Having only tasted modest success, they burned a million British pounds declaring that...
I've found a nice groove writing about the intersection of money, mindset, and work. Here are some of the best pieces on topics ranging from retirement, home ownership, changing jobs, inheritance, and risk-taking. [su_list icon="icon: bolt" icon_color="#2a2a2a"] Why are successful people so scared of being broke? ...
This post started as an Instagram story. Don't miss part II Burning money is a dumb metaphor and our impassioned reader comments. We've all heard that "paying rent is like burning money" but that's just one component in the rent versus own debate. I wrote about the...
This post was adapted from a @radreadsco Instagram story. If the old adage "paying rent is like burning money" is true, then our family has (and will) continue to burn it for many years to come. Two years before I left Wall Street, I made the...
Warren Buffet knows how much money his kids should inherit: "Enough money so that they would feel they could do anything, but not so much that they could do nothing." That amount, $2 Bn - each! While the number is incomprehensible, it's great that he...
Are you willing to lose 100% of your investment? That's the starting point for any angel investment. As it should be. With no product, customers, and team - angel investing is a risky proposition. (If you're not convinced, even VC professionals have a 90% failure rate.)...
Summer SZN is here and I've slowed down the pace of the blog and newsletter. Despite an attempt to take last week "off," I got an email from my website host saying that my blogging software needed an upgrade. I went and did it. Then,...