Finance

Hey everyone, it’s Finance Fridays again. Today we’re going to do a little refresher about some basic finance stuff. Today’s post is about “The Mountain Revisited“. Mountain? What Mountain? Perhaps you forgot about my prior post, Many Paths to the Top of the Mountain. If you haven’t read it, go ahead and give it a read, since I’ll be referring to it in this follow-up post. Don’t worry. I’ll wait. Ok, I’m caught up now. […]

The Mountain Revisited #illumedati

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Ok, so I thought I posted this on Friday… but apparently it didn’t auto-publish. So it’s Finance Fridays on Monday! Hey everyone, it’s Finance Fridays again. Today will just be a short post about “Bogle’s Warning“. Bogle’s Warning? Yea. Bogle, as in John Bogle, the founder of Vanguard, and the figurehead of the “Boglehead” movement. I would recommend you read the full article here on the Wall Street Journal. But if you’re lazy, you can […]

Bogle’s Warning #illumedati

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Hey everyone, it’s Finance Fridays again. Today we’re going to talk about the constant battle of “Buy the Best” versus “Buy Cheap”. “Buy the Best” versus “Buy Cheap”? Yea. I think this is a constant battle that occurs in everyone’s mind whenever we’re at the store. There are conflicting ideals at work here: When you “Buy the Best” you are saying that buying the more expensive (possibly better) item that will provide better value long term […]

Buy the Best versus Buy Cheap #illumedati

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Hey everyone it’s Finance Fridays again, as promised, today I’m going go talk about Suze Orman and the $5 million retirement. Suze Orman and the $5 million retirement? Yea. If you’ve been following finance stuff, then you’ve probably heard of Suze Orman. She’s written a bunch of finance books and was previously a financial advisor for Merril Lynch. Recently, she came under fire for her commentary on the FIRE movement. Basically she said she “hates” it […]

Suze Orman and the $5 million retirement #illumedati

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Hey everyone, it’s Finance Fridays again. This is just a short post to let everyone know about the New 401k and Roth IRA Limits 2019. New Limits? Yes, the IRS just confirmed that they raised the limits on 401k and Roth IRA. – Source (IRS.gov) The new limits are: $19000 / year for 401k $6000 / year for Roth IRA This is a $500 increase for both over the current $18500 and $5500. While this may […]

New 401k and Roth IRA Limits 2019 #illumedati

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Hey everyone, it’s Finance Fridays again. Today is kind of another “thought” exercise kind of post about “Passive Basic Needs“. Passive Basic Needs? Yea. It kind of sounds weird, but it’s basically another take on “Passive Income”, but made more simplistic. I’m going to start this post this a story about my friend Nathan. Back in college I had a happy-go-lucky friend named Nathan. He was an extraordinarily smart kid although he found college classes […]

Passive Basic Needs #illumedati

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