Spending Habits for Professionals Who Want to FIRE: I wrote a book just for you.

Often when a blogger drops off the face of the earth, it’s because something happened, like divorce or else health issues, like a Glioblastoma. For DH (Dear Husband) and I, it’s been something else entirely. Or somethingS else. Over the past few months, I feel like we’ve been barely treading water with massive waves overcoming us. But, like a Chumbawamba song, every time we get knocked down, we’ll get back up again.

Continue reading “Spending Habits for Professionals Who Want to FIRE: I wrote a book just for you.”

How to Make Yourself Happier by Stopping Yourself from Checking Your Portfolio too Often

Here’s another blog from DH on how to make yourself infinitely happier in life. In response to Crispy Doc asking, “What’s the nicotine gum equivalent for portfolio OCD?” DH wrote an entire blog on habit change to answer this question as a follow-up to his blog from last week about why you should only be checking your portfolio every six months: Continue reading “How to Make Yourself Happier by Stopping Yourself from Checking Your Portfolio too Often”

Why We Moved Our Family to Medellín, Colombia for the Summer

“An overloaded lifestyle, squeezing it all in, overwhelms our time and pushes out the meaningful that we naturally crave.” Valorie Burton’s It’s About Time

Yes, we relocated our family to Pablo Escobar’s former playground for two and a half months. Once we started telling people people, we were inundated with questions, quizzical and shocked looks. When I made it public on Facebook, my phone exploded. So I gathered most of the questions (not all are related to Colombia) into one place: this blog post. Continue reading “Why We Moved Our Family to Medellín, Colombia for the Summer”

FIRE: Our Midlife Crisis

“One of the great realizations of life can come from discovering that the outputs you are being compensated for are not exciting or fulfilling. When that realization comes, it’s time to honor that truth and make a change.” pg. 189. Brendon Burchard’s “High Performance Habits

Overwhelmed is the main feeling I’ve had since the end of February when we finally got up the gumption to make some difficult decisions we’d been putting off for over half a year. In hindsight, perhaps these weren’t the wisest moves to do all at once—because a massive amount of change all close together can really stress a human out. But hey, you can’t have an adventure without feeling a bit stretched. Read on to find out more about what we’ve been up to lately: Continue reading “FIRE: Our Midlife Crisis”

Financial Boot Camp, by WCI: A Book Review

I want my readers to think of themselves as being fully capable of learning about finances so they can take control of their money and hence live their fullest lives. By living your fullest life you can meaningfully contribute to society and change the world. So I say: start today, take that first step, commit to reading your first (or your fortieth) book on finance this week, promise yourself you’ll have it done by next week. Put it on your to-do list and go change the world. And if you’re looking for where to start, take a look at The White Coat Investor’s (WCI) Financial Boot Camp.

Full disclosure: Continue reading “Financial Boot Camp, by WCI: A Book Review”

Why “Forever Home” Should be Removed from our Vocabulary

I know the White Coat Investor advocates for the One House rule. However, there are times when it may be to your financial—or otherwise—benefit to move.  Continue reading “Why “Forever Home” Should be Removed from our Vocabulary”

Ode to the G fund (DH blog post)

This song was created to recall the advantages of the G Fund, namely that it has no interest rate risk, nor credit risk, nor (historically at least) interest rate risk. It mixes very well with stocks—but doesn’t have stock like returns (as it’s not a stock—so I wouldn’t have only the G Fund in a portfolio).

It is to be sung to the tune of “You Are My Sunshine” and it’s meant to be performed in the key of G.  🙂 Continue reading “Ode to the G fund (DH blog post)”

Are your finances suffering from the Behavioral Finance Error of Disposition Effect? (blog by DH)

Behavioral finance is a growing field with bright minds uncovering irrational decisions humans make. Many errors can be avoided, we just need to be consciously aware of these possible traps.

According to Terrance Odean*, investors usually sell stocks that have gone up and hold onto stocks that have gone down. This is known as the “disposition effect.” Further studies show shares sold tend to keep going up and stocks held continue to drop. This alone leads to most investors getting a lower return on their investments.

Continue reading “Are your finances suffering from the Behavioral Finance Error of Disposition Effect? (blog by DH)”