Finance Fridays

Wealth Lost in 3 Generations 8
Hey everyone, it’s Finance Fridays again. I’m going to discuss the proverb of “Wealth Lost in 3 Generations” and how I’m going to battle against it. Wealth Lost in 3 Generations? Yea. It’s actually quite interesting. This proverb actually exists in multiple different cultures: “Shirtsleeves to shirtsleeves in three generations.” In Japan, the expression goes, “Rice paddies to rice paddies in three generations.” The Scottish say “The father buys, the son builds, the grandchild sells, […]

Wealth Lost in 3 Generations #illumedati #wealth

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1
Hey everyone, it’s Finance Fridays again. Today is just a short post to talk about “Rebalancing”. Rebalancing I’ve talked about rebalancing before. It’s not too difficult of a concept. I general, you make your investment plan and try to stick with it. However, because your investments can go up and down over the course of the year, you need to find time to rebalance your investments to the asset allocation you are comfortable with. For […]

Rebalancing #illumedati

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Hey everyone, it’s Finance Fridays again. Today is just going to be a short post about the “Time Value of Money”. Time Value of Money? Yea. Here’s the definition from Investopedia: The time value of money (TVM) is the concept that money available at the present time is worth more than the identical sum in the future due to its potential earning capacity. This core principle of finance holds that provided money can earn interest, any amount of […]

Time Value of Money #illumedati

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Vanguard VPAS or VDAS
Hey everyone, it’s Finance Fridays again. Today is going to be a short post about “Vanguard VPAS or VDAS”. Vanguard VPAS or VDAS? To clarify, we’re going to talk about Vanguard and their version of a financial advisor and Roboadvisor. I’ve talked about Roboadvisors and Vanguard’s financial advisor service called Vanguard Personal Advisor Services (VPAS) in my previous post – Roboadvisors. The long and short of it is that Roboadvisors are fine if you want […]

Vanguard VPAS or VDAS? #illumedati

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Question
Hey everyone, it’s Finance Fridays again. I’ve talked about “Your Number” and “Different Numbers” but today’s post is going to be about “Your Number” Revisited. This short post is mostly just as a thinking exercise. However, let’s start with some background: I was talking to my contractor on Thursday. He’s still been working on my lanai (deck). He comes and works hard and I always try to bring out some ice cold water for him. […]

“Your Number” Revisited #illumedati

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Free
Hey everyone, it’s Finance Fridays again. Today we’re going to ponder the question “What if College is Free?” What if College is Free? Well, since I talk a lot about 529s and saving money for college, I thought it was appropriate to talk about “What if College is Free?” As some of you may know, college is free in certain countries. However, as we’ve talked about before: There is no free lunch. Their “free college” […]

What if College is Free? #illumedati

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