Understanding the concept of pre-tax and post-tax investment income is an imperative part of the investing and financial planning roadmap. Different assets (ie. stocks, bonds, REITs) have different types of income that will be taxed in different ways from annual taxes, to deferred taxes, to wealth taxes. The difference in after-tax income adds up to […]
Spend less than you earn. Simple words to live by but not really anything that’s truly that helpful, you know? Any person getting started on their financial freedom journey likely starts by asking, “How much should I save a month?” Well, unfortunately for you, I have some bad news… I don’t know. Seriously, I really have […]
I often hear that people can’t save money because they have none. For many people, this likely isn’t true. Instead, they likely don’t have the proper systems to save money. It’s not hard to learn these methods, but it can be tough to implement, and that’s why I am here to try to show you the way! […]
If you’re asking me, “should dividends be reinvested?” I am telling you that the answer is always a resounding YES! Now, if you’re asking me if those dividends should be reinvested back into the same stock that earned those dividends, that is a much different question! But don’t worry, I’m here to help cut through […]
Welcome back to the second of the most anticipated series of all time, HANDY ANDY’S LESSONS! In the first episode of Handy Andy’s Lessons, we talked about starting a dividend portfolio, but now we’re here with a personal finance subject – how to save money WITH credit cards! Click to jump to a section: I know […]
To someone that is not an investor in the stock market, beginning to invest can be absolutely terrifying, and guess what – I 100% understand. It’s easy to get lost in the industry jargon and the numbers people talk about and just be turned off from investing altogether, but I am here to answer the […]
A 401K is a powerful investment account, but what is the average 401K return? Let’s cover this return and how you should invest to maximize it.