What is a DINK? DINK is an acronym which stands for Dual Income No Kids. I had no idea what this meant until a high school friend used it to refer to one of our other high school friends: “Hey, how’s [our other friend] doing?” “Oh, he’s married now. No kids though.” “Oh what!? Couple of DINKs huh?” “…?” He then went on to explain it meant Dual Income No Kids, and I guess it […]
Finance Fridays
So… I made a small mistake. Two posts ago, in Could Index Funds Be Bad?, I said at the end that my next post would be about Actively Managed Funds (Gambling). However, for some reason I decided to make the next post, The Biggest Mistake of Your Life. I’m not sure why this happened. Nonetheless, here is that post:
Actively Managed Funds (Gambling)
The title should really be: “The Biggest Mistake of Your (Attending) Life”, but it didn’t flow as well, so I just cut out the attending part. It ended up sounding click-baitish, but I think that’s ok. What I have to say today will significantly shape your future. So when you read this title, you may have some preconceived notions for what I meant. Perhaps you thought that I was going to say going into medicine […]
The Biggest Mistake of Your Life
In my prior posts, I spoke a lot about retirement as well as index funds. There was a recent article in the Wall Street Journal blog titled “Are Index Funds Eating the World?” To be honest, this is kind of a click-bait title (as is mine)… but it worked. I was curious, so I read it. I’d recommend you guys read it as well. However, the long and short of it is: The “secret” of index funds […]
Could Index Funds Be Bad?
This is the 4th post in my retirement series: Retiring Early, How to Retire Early, and Early Retirement is Easy? Once you decide you want to retire early, you’ll want to evaluate where your post-retirement dollar goes the farthest. I hinted at this in my prior posts. The first thing we need to evaluate is where are your post-retirement dollars coming from? For the majority of retirees, I think their retirement money is going to come from a mix […]
Best Bang for Your Buck Retirement Locations
In my previous two posts, Retiring Early and How To Retire Early, I went through my approach to retiring early. However, this is a case of “Do as I say, not as I do”. While I advise/advocate for planning to retire early, I am not necessarily doing it. In the comments of Retiring Early, TheHappyPhilosopher states: “I contend it is stupidly easy for a physician to retire at age 55, and the only reason one shouldn’t […]