Let’s kill the myth: You don’t need to quit your job, raise a $2M pre-seed, and post founder-of-the-day stories on LinkedIn to be a true startup founder. Some of the biggest startup successes were started in the in-betweens — before work, after dinner, between meetings. That’s the actual grind. The not-glamorous one. So if you’re working full-time […]
Let’s get real: the market’s been a hot mess recently. Inflation isn’t cooling off, tariffs are trending again, and one scroll of your feed can make the economy look like it’s either booming or crashing. But if you’re Gen Z, here’s the best part: You weren’t handed a traditional investing guidebook — and that’s to your advantage.
Tariffs, Turbulence & Tactics: How Gen Z Can Build Smarter Portfolios in a Noisy Market Read More »
We are living in an age when financial markets can sometimes seem like a war zone, complete with lightning-fast trading, sophisticated options moves, and hedge funds making their high-risk wagers. The notion of capturing outsized returns — those jackpot opportunities promising a windfall — is easily confused with visions of high-risk, high-reward initiatives. What if
Most Gen Zers prefer renting, and for many, it’s not just a choice — it’s a necessity. Renting offers freedom, autonomy, and less responsibility. If you’re in college, starting your career, or thinking about relocating to different cities, renting makes sense. But as you get older and start planning for the future, you may begin to ask
When To Stop Renting? A Guide for Future Homebuyers Read More »
Billionaires are usually defined by their extreme wealth, but most of their fortunes are not derived from their salaries. Most of their wealth comes from the ability to navigate complex economic structures that allow them to keep taxes low while continuing to amass significant income from their investments and businesses. While the majority of middle
How Billionaires Keep Their Taxes Low and Earnings Ridiculously High Read More »
In the increasingly noisy world of budgeting hacks and all other forms of financial advice, there’s this new concept making a bubble: loud budgeting. This nascent trend, unfolding through the courtesy of TikTok and CNBC, is all about clarity and being up-front regarding your priorities and financial goals. Loud budgeting is quite a far cry
Loud Budgeting: A New Trend in Money Management Read More »
Our relationship with money often feels upside down. We pursue it believing it will unlock freedoms and opportunities we didn’t have before. While there’s some truth to this perception, more often than not, it’s simple an illusion we hold. Believe it or not, those who have reached an income of around $75–90k over time can
Why Spending Should Never Hurt & How to Make Every Purchase Work Instead Read More »
From a young age, I’ve had an interest in fashion and dressing well. I’ve always been a classic girlie sticking to simple attire rather than luxury goods. Despite my love for clothing, I’ve never been one to splurge on designer brands. However, I do admit to occasionally succumbing to the allure of affordable yet eye-catching
How to Dress to Impress Without Splurging & Sticking to the Basics Read More »
Even in the post-pandemic era, when office vacancy rates are still relatively high and foot traffic remains low in metro areas such as NY and LA, the decision to buy a property closer to work is typical. Recently, I spoke with a colleague who is relocating from Texas to New York for a job he’s
How To Approach The Urges to Purchase Real Estate & What To Watch Out For Read More »
When envisioning attaining an above-average net worth, one might imagine years of hustle and grind, sacrificing freedom and enjoyment for a prosperous future. We’ve all been there at some point. Giving our souls away in hopes of something easier later on. However, the notion of toiling away for 60 hours a week, feeling like you’re
How The Top 10% Compound Their Wealth & Mind: The Slow Yet Reliable Way Read More »
The recent surge in the broader markets over the past few weeks has evoked memories of the peak trading mania experienced during the lockdown days of the pandemic. Back in 2020–2021, it seemed like half of my generation (Gen Z) was learning how to invest for the first time. This trend was somewhat discouraging, as
What’s Driving Institutional Investors Over Retail Traders in 2024’s Market Rally Read More »
Diversification is a crucial aspect of investing, and the timeless advice of not putting all your eggs into one basket remains a guiding principle for successful investors. Despite what day traders believe, diversification not only enhances your chances of returns over time but also contributes to maintaining mental sanity by preventing an obsession with market
We’ve all found ourselves in that familiar scenario: justifying a purchase we don’t truly need, for people we don’t particularly like, and acquiring something we don’t genuinely want but felt strangely compelled to get at the time. Perhaps it’s the allure of something being ‘hot’ or ‘in trend,’ the influence of YouTube, or the neighbor
What ‘Girl’ Math Entails & What To Follow Instead For Financial Freedom Read More »
What’s often associated with achieving the American Dream and ‘making it’ in the United States is acquiring something and usually that something tends to be the largest purchase most Americans will make in their lives, their so-called dream home. With more space than you could ever imagine and a parking garage the size of your
Paradoxically, money has been an intricate yet uncomfortable subject of discussion embedded in every aspect of our lives for centuries. As with most things, the more familiar you become with it, the less intimidated you feel, resulting in smarter decisions that align with your own needs rather than the opinions of strangers online or even
If there’s one thing I’m noticing more of across NYC over the past few years, it’s an abundance of furry friends! Since Manhattan is one of the loneliest places on earth, a dog as a best friend is needed more than ever. Although the Big Apple is a concrete jungle, ironically, it’s not designed for
Anytime I hear about fancy derivative products, packaged securities, or borrowing against equity, I picture the Great Financial Crisis of 08. Although I was only 8 at the time, 2020 was a sudden reminder of what it could’ve been like. Although the housing market today is much more structurally sound and resilient with safeguards put
If rampant inflation for the past year has told us anything, its that consumers are flush with cash and ready to spend like it’s 1999! Even though I was born in the dot-com era of 2000, I’m sure it was as wild especially since Black Friday, lockdowns, and online shopping weren’t around back then. The
Historically, every 8 to 10 years a recession tends to hit the U.S. economy, and one notable indicator has come to proceed each one for the past 40+ years; a steep treasury yield curve inversion. Today is no exception and with months-long looming Fed-induced recession fears across the street, strategists are pontificating if the economy
Will History’s Strongest Leading Recessionary Indicator Prove Itself Again In 2023? Read More »
It’s been a hard year on various fronts, particularly for employees in certain industries and businesses as they grapple with record 75 bp rate hikes for months now which makes everything more expensive across the board. Fortunately, the Fed won’t hike forever, and hopefully, sooner than later they can engineer a soft landing and launch
Why Layoffs in Big Tech To Banking Won’t Induce a Recession Read More »
As we head into the final stretch of the year, taxes are already on millions of Americans’ minds. In fact, the day after tax season is over, it’s never too early to begin filing for the following year. It’s arguably the most important duty an American citizen must keep tabs on. Whether you’re a self-employed
One of the Most Opportune Ways to Lower Your Tax Bill Before the Year Runs Out Read More »
As a 21 yr old, it’s hard to imagine that the average home price when I was born in 2000 was close to $100k and the median income was slightly above $50k. Today, these figures have now jumped by almost 2 fold to $88,300 in estimated annual income needed to purchase a home. This is
There’s nothing more frightening than seeing your favorite staple goods such as Tootsie Rolls or Snickers go up in price over time, especially when they set the foundation for spooky traditions that never seem to go out of style. For better or for worse, we all need some sweet treats in our lives. Health =
Beware of the Most Terrifying Costs to Halloween This Year Read More »
What’s hotter than eating hot Cheetos in the summer in the Sun Belt? Rampant inflation! It’s hard to cool down here! Unlike in other parts of the country which have seen on average ~40yr high inflation according to September’s disappointing CPI report, the South has been hit hard not only by brutal hurricanes with strong
Why Inflation Is Hottest in the South and How Southerners Are Dealing with the Heat Read More »
When cheap borrowing is prevalent, unicorns, leprechauns, and coincidentally zombies start arising, just in time for it all to crash and burn! WELCOME TO THE CLASSIC FAIRYTALE. Spoiler alert, they never exist! That’s actually good news since it means bad times never last forever either! As a reference, bear markets on average last a year.
The economy can reveal a great deal about where the not-so-distant consumer sentiment trends are headed and how thick Americans’ wallets really are. Since the real estate market lags behind the broader stock market universe by a couple of months, economic indicators are a useful guide to detecting where supply/demand levels will end up for
With rising mortgage rates reaching highs near 7% not seen since the Great Financial Crisis and loan applications plummeting to a decade low, this is an advantageous time for cashed-up first-time homebuyers looking to scoop up a deal in this muted frenzied frothy market and to be able to finally lock in a deal before
Real estate is a non-fungible physical tangible scarce asset. The beauty about real estate is that although it requires a substantial amount of capital and time upfront, down the line, it is made for those who are more risk-averse (not risk-takers) and generates an unexpected inflationary-proof return if you’re patient enough. What’s ironic is that
What are private markets? Given risky assets and bond prices have plummeted due to soaring inflation and higher rates enduring one of the worst starts to the year on record since the Great Financial Crisis, here’s a refreshing guide to non-traditional investments and a whole new inflationary-proof world of investing that has become officially democratized for
The Royal Family has always been of fascination and now with England’s economy in jeopardy due to soaring inflation and a declining pound, this is a fantasy no one wants to live through, even British taxpayers themselves. Given my frugal minimalist lifestyle and complication with an abundance of streaming giants, I never came across the
As an investor and consumer in this hyper-competitive fast-paced inflated world, the easiest choice is to stay complacent and do nothing. After all, if you do nothing, no one will ever say anything, however, is that a choice your future self will be proud of down the line? I didn’t think so. As a result,
How Higher Rates Could Pay Off Your Wallet and Waistline Read More »
The old lousy adage, “The rich get richer, as the poorer get poorer “ may not be the case anymore. Welcome to 2022, where “the richer get eaten, as the poor get snackin”, for now… With the top 1%’s billionaires shedding a collective $50 billion+ this year alone due to the market’s sell-off, crypto plunging,
As the Fed prepares to have its FOMC meeting on the 21st-22nd of Sept and is expected to raise the FFR by a historic 75–100 bps to curb rampant 40-yr high inflation, spending, and borrowing, we must wonder if this delayed hawkish move and additional rate hike will really be able to engineer a soft
Why The Economy Is A Complete Paradox And How To Make Sense of It Read More »
Although August’s CPI index went the opposite direction with a gain of 0.1% rather than with an expectation of a drop of 0.1%, at least higher rate hikes now entail there’s more of an incentive to safeguard our assets, earn a stable guaranteed rate of return, and keep our emergency savings better protected to weather
Why The September Effect Won’t Happen This Year & What To Expect Instead Read More »
When the beach house isn’t enough and the commute sucks, heading South for top-income earners not only for winter break is a no-brainer. However for those who will have to welcome them year-round now, almost everything from food to gas skyrockets, evictions and delinquencies rise, and current homeowners are priced out, all due to the
A basic rule of U.S. income tax is that a business pays tax on its net income and an individual pays tax on their gross income. Any business takes its revenue — expenses, and pays tax on the difference (net income) while business expenses are tax-deductible on any investment, appreciable or not. While an individual takes their
Although carrying any type of debt is worse than not owing anything, in this high inflationary environment, paying off debt shouldn’t feel as painful. Given inflation eats up our purchasing power, the quicker you can pay off your dues and refinance today, the easier your life will be tomorrow. Historically speaking, although it may not
How and Why U.S. Household Debt Surpassed $16T And How To Lower It ASAP Read More »
With home affordability levels not seen this low since ’89 according to the WSJ, many potential homebuyers have been priced out of the market since the home buying spree of 2020 and there seems to be little room in sight for negotiation. Luckily, with higher mortgage rates comes a cooling of inventory and supply, alleviating
With only 10% of the nation feeling positive about the economy and consumer sentiment at a record low, although there’s always something to complain about, as savvy investors, we cannot let loss aversion get the best of us! Training ourselves to weigh our wins more than our losses will serve us far better in the
How To Use Inflation To Your Advantage And What Type of Debt It Can Work For Read More »
No matter what the haters say, cash will forever be king. Although there’s a bull market somewhere, it might feel impossible to spot so buckle up and stash that cash before it’s too late. Luckily with July’s CPI reading lower than expected at 8.5% due to lower gas and food prices, there are hopeful signs
Why Adopting a Cash Diet Is Essential Read More »
Despite fears of a recession hovering around 40% as of August 2022, the Fed, Washington, and Wall Street don’t seem to want to acknowledge any signs of it and they may not need to! Luckily at the moment there’s not much evidence of the economy faltering or consumers falling behind given the job market is
In life to work, we all try to play to our strengths to achieve some result and not be miserable. More or less we know what we are good at or dislike so we make our lives easier by focusing on what we can do not what we can’t. Sometimes our weaknesses cannot be avoided
Why Wealthy Single People Tend to Have Worse Money Habits Than Those Who Are Married Read More »
Without tying yourself to a specific class or income bracket, it’s important to appreciate where you are now and already how far you’ve come. If you’re paying your dues to Uncle Sam, although it may be frustrating to hear how much billion-dollar corporations hide their money in tax shelters in the Bahamas to avoid paying
Why The Middle Class Is Evolving & Where It’s Headed Read More »
Real estate has always been one of my all-time favorite asset classes for a handful of reasons and to no surprise it’s one of the top performing investments year to date thanks to 41-year high inflation! If you want to follow the top 1% or above, the best holding period for real estate would be
With Most Investments Except For One, The More You Own, The More It Owns You Read More »
Before generating any passive income through physical real estate you plan on maintaining and treating as your appreciating child for the next few years, it is recommended to first understand what the property you plan on earning a considerable amount of income from involves. As a shareholder, no matter how many shares of Tesla you
Why Living In Your Future Rental Property Is Most Lucrative Before Renting It Out Read More »
As a lifelong New Yorker, NYU student, resident, and employee of the city, at age 21, I’ve made my way across the whole island dozens of times at this point and have unpacked every nook and cranny there is to know about this vibrant overpriced place. And it never gets old. If there’s a trend
With Manhattan median rents officially topping $4k, I’m shocked to hear one of the most expensive cities in the US, pricier than what one would bargain per sqft for in Manhattan, is seeing its rents shockingly decline to lower levels than when Covid first hit in 1Q 2020. With income levels averaging $150k+ per individual
How and Why San Francisco’s Rents Are Lower Today Than In March 2020 Read More »
With newly minted public crypto unicorns laying off a good chunk of their staff to various coins plunging to more than half of their value since last summer, this over-leveraged correlated asset class should expect a bumpy or possibly unseen road ahead. When working at a startup, it’s best to keep one eye open at
What Crypto Winter Entails & How Average Millionaires Really Feel About the Crash Read More »
Although high-end luxury sales in the Hamptons to Beverly Hills have started to plateau for the first time since the pandemic began as eager buyers scooped in early to capture outdoor space and room for a WFH set-up, rents are soaring in 24 and 18-hour cities across the nation. Vacancy rates are lower than pre-pandemic
How and Why NYC Rent Has Averaged $4k Per Month Only Two Years After Prices Plummeted Read More »
As a newly minted landlord for over 2+ years now, I can confidently say it still feels like a full-time job. Naturally, as a female, I gravitate towards putting others’ needs first before my own which leads me to be a control freak when it comes to my precious real estate. After all, it is
According to CNBC and Statista, 57% of Americans didn’t pay federal income tax in 2021. Initially, you may be thinking that number sounds inaccurate given the lack of business acumen and financial logic Americans have; however when you evaluate the breakdown of the variety of income sources available today, the immense opportunities out there in
Well folks, clearly Americans are splurging like it’s 1999 or like never before as savings rates are back to marginal levels hanging on for dear life. If there’s one thing Americans are good at, it’s exuding FOMO and living on the edge! Planning for the future seems to be impossible for the majority of Americans
The Only Reason Why A National 4.4% Savings Rate Could Be Beneficial For The Economy Read More »
Unlike any other activity, one of the most ironic things about investing is that no matter how much experience you may have, whether it be as a past stellar hedge fund manager or a top-rated portfolio manager in Florida with an unbelievable track record, the market doesn’t care. Every day is a new day in
The Most Logical Reason & Time To Work With A Financial Advisor Read More »
Unlike older generations, young Gen Z adults and investors, including myself have never witnessed a true bear market and in fact, have been conflating brains with a bull market since mid-2020! Since the brief correction of ~35% from February to March 2020, it was hard NOT to lose money on virtually any asset, profitable or
📉The Crash and Burn of Retail Traders & Where They Are Headed Next Read More »
With ballooning asset prices and record valuations for all kinds of real estate since the start of the pandemic, home prices have skyrocketed to unforeseen levels pricing out well-established eager buyers. Through peak and trough, this superior asset class is hailed as one of the safest investments of all time, especially in this tanking market.
Over 8% of U.S. Homes Are Now Worth More Than $1M Read More »
Sometimes the slowest way is the fastest. Allowing breathing room for your investments to grow is designed to work for you, not defeat you. After all, in life, time is the best healer and sooner or later, any downturn from the past will be erased. Even though the current drastic sell-off in the market can
💸Why Doing Nothing Can Yield You More Than You Could Imagine Read More »
With thicker bonuses and inflation at a 40-year high, lifestyle inflation creep is hotter than ever. No matter how correlated the wage-price spiral may appear, demand is out of control and most Americans cannot survive like this. Although higher wages are still ticking up, I wonder how high they will go until headwinds from all
🛍How and Why 42% of Six-Figure Earners Live Paycheck to Paycheck Read More »
There’s no one size fits all approach to anything in life. Yin and Yang clearly don’t match! Nothing is permanent in life either. Pain and pleasure are temporary. From health to career-wise, especially while engaging in both remote and in-person work, these reminders have helped me in various aspects of my life. With over 70%
😎True Health, Happiness, and Economic Security Between Office Workers vs. Self-Employed Read More »
Funding your retirement nest egg will most likely be the most expensive and serious decision of your life. And it CANNOT start the night before. It reminds me of a high-stakes competition. All your life you are building up to this moment to then see how long you can live off of your hard-earned sweat
👩👩👧👧Retirement Plans By Generation Read More »
Those reading are NOT typical Americans. You are taking charge of your financial health and because of that, hopefully, your savings rates, investment balance, and annual income have grown exponentially since the pandemic. Not to mention double-digit home growth in several hot spots. Now you deserve to revenge spend a little and at this moment
Retirement – a time to do absolutely nothing or splurge on anything you’ve always wanted to may not be so fun after all especially as costs eat into purchasing power more than ever before. With virtually everything costing almost 9% more than a year ago, except Jack Dorsey’s first Tweet, some retirees are so desperate
The Real Reason Behind Reverse Retiring And What We Can Learn From Athletes Who Tried It Read More »
When you think of the most ideal tax-advantageous strategies to legally pay the least amount in taxes, without spending hundreds of thousands of hours and trust money on lawyers, accountants, tax attorneys, etc., owning any kind of business will forever be a top contender and make your life easier when it comes to tax season.
👩👩👧👦The Hidden Genius Tax Strategy of “Buy, Borrow, And Die” Anyone Can Follow Read More »
What a surprise! After all this time bickering and obsessing over every nook and cranny of Twitter, last Monday Elon has finally become the largest shareholder of his favorite social media platform! It’s pretty impressive to see billionaires spend so much time on social media and still get 10x more done than the average person.
🐣What We Can All Learn From Elon’s 9.2% Passive to Active Stake in Twitter Read More »
2021 was a banner year. All sorts of records were closed. Did you close any? Whichever way, I thought so. After the market’s brief ~35% correction from Feb to March 2020, stocks, or shall I say, stonks (memified version) blasted to the moon! In terms of economic growth last year, growth hasn’t been this stellar
🛒Why Slower Economic Growth During These Times Is Healthy Read More »
In my neck of the woods, paying what you can or possibly what you feel like is an attractive new business model that is getting all the rage. Unfortunately, as of now, it is currently only offered at the local barbershop but seems to slowly expand as there is incredible demand. As of now, this
💸How The Pay What You Can Model Sells Read More »
A genuine rich life doesn’t have to cost a lot. Oftentimes the cost isn’t monetary anyway. Anytime you cut corners and slip into the easy short-term instant gratification comfortable route, you must expect less in the end. Life rewards those who are willing to do whatever it takes. The best investment will always be in
🤑Why Going For The Cheapest Will Turn Out To Be Very Expensive Read More »
Believe it or not, not everyone is David Dobrik or even younger, Emma Chamberlain or Charlie D’Amelio, who earn millions from social media, YouTube, and various one-hit-wonder ventures that directly came out of a following. Success begets success. You only need to get it right once to catapult yourself but to sustain it requires an
😶🌫️Most Millennials Are Not In Fact Millionaires Read More »
Luckily real estate is one of the few sectors that benefits from rising rate hikes. As rents rise, home prices ride along the wave of inflation offering utility acting as a hedge. Plus mortgage rates are influenced by the 10-yr Treasury bond yield so the Fed’s rate-hike cycle won’t have a drastic effect. In this
🏡The Secret to Knowing Exactly When To Buy vs Rent Read More »
My rule of thumb is to never have more than 20% of your capital or net worth in 1 investment or asset class. If you do, expect to become toast. Eventually. Just like there should never be a need for someone to pressure you to spend money, there should be absolutely no reason, no matter
🔐How To Get A Perfect Balance of Exposure Into Crypto Without Getting Into Crypto Read More »
Never thought that not having enough hours to work would be a problem but here we are! Although 4 hour work weeks seem nice, they can get boring quick if you’re unwilling to become uncomfortable and grow additional passive income streams. My fellow colleagues in college are facing a good problem. They have too many
🤑How and Why Young Workers Are Getting The Greatest Wage Gains Ever Read More »
40% of homes in the U.S. are selling above asking price, rents are through the roof in coastal cities, and offices are slowly filling up. This all comes to show that this is certainly not a buyers market. A balanced market is considered to have around six months of supply. Although we’ve been hovering in
🏡Why Homeowners Can’t And Shouldn’t Always Leave -How Mobility Has Stagnated Read More »
Those who are least protected with fewer assets need to tackle their financial means more seriously. These are the people who cannot afford to wait. On the other hand, those who spend hundreds of thousands on lawyers, accountants, services, consultants, fiduciaries, and supervisors don’t have nearly as much pressure yet still prioritize this seemingly boring
💸Why Estate Planning Is For Everyone, Especially The Less Wealthy You Are Read More »
Don’t edible spoons, chopsticks, plates, bowls, and cups sound delicious, better than the actual meal? The full-fledged edible-packaging revolution aimed at reducing single-use containers and plastic waste is here to stay! (A peaceful one) If we can’t stop eating, at least we shouldn’t waste our pastic utensils and cutlery no more! I never thought I
😋How The Edible Revolution of Utensils To Furniture Has Become Delicious Read More »
The greatest and most frustrating thing about investing is that no matter how stellar your past track record and financial performance may have been yesterday, it is irrelevant today. Taming your ego, eliminating emotions from decisions, not believing you are smarter than the market, the art of letting go, and resisting the urge to not
🙃Why Past Performance Isn’t Indicative of Future Results In The Markets and In Life Read More »
During a low-interest-rate environment and high inflationary times, capital preservation assets such as cash and liquid securities do poorly since they end up having negative real interest rates. Despite the poor purchasing power, this is also an opportune time to pay off debt faster and lock in an attractive mortgage rate before they inch higher.
🏷How to Deal with Inflation In the Easiest Way Possible Read More »
When Covid hit in March 2020, Manhattan elites and Upper East and West side city dwellers drove the exodus out of NY and fled to their Great Gatsby mansions in Long Island and hammocks in Long Beach. If you can’t get away from property and state taxes, at least find a better view! Now they
🏘Why The Top .001%+ Is Obsessed With This Town A Few Miles North of NYC Read More »
If you’re a homeowner, you savor inflation and higher interest rates. For this reason, homeowners on average are wealthier than renters. Although real estate correlates to the broader market and can be as volatile as any other asset class in the short-term, in the long-term, it is seen as an inflationary proof, stable passive income
🌇NYC’s Epic Comeback – Will It Last? Read More »
The number one thing people will never complain about is that they could use more money. The number one thing people will never complain about or blame when they have too much money is money. The obvious reason for attaining more is fewer problems and more bliss yet behind the vast amount tends to be
Yes, this old adage still rings true. Even in a period of rising interest rates, hyperinflation, constant uncertainty, and don’t even get me started with January’s swings in the market, there’s still no need to panic buy or sell for that matter. Resisting pain puts investors into a dirty trap they cannot dig out of.
🛍If You Can’t Buy It Twice, You Can’t Buy It Once Read More »
One of the greatest things about investing is that no matter your prior experience, track record, performance, or stellar on-the-ball predictions, everything can and most likely will go out the window in the future. It won’t matter. The markets aren’t a formula or have 1 solution. They are unpredictable. As investors, we all sign up
🧮Why Personal Finance Has Nothing To Do With Math Read More »
Hear me out. I know what you are thinking. I thought the same thing. How could you say experiences are less worthy than a boring box of cereal or a meaningless TV? Hold your horses. Be careful what you take for granted. Keep in mind the difference between pleasures and tools. One is remembered and
🧸Why Acquiring Tangibles May Be Better Than Experiences Read More »
HENRYs (High-Earners but Not Rich Yet) remind me of the poor rich and famous. They are prime examples since they spend to impress people (fans) they don’t know with money they don’t have. Welcome to the club. It’s NEVER free of charge. If you have some time to kill and decide to do a brief
🗣Why HENRYs (High-Earners, Not Rich Yet) Are Slowing But Still Everywhere These Days Read More »
Although the slow expensive route of higher ed has become increasingly debatable during times of realignment and remote work, it is still a top consideration for a fruitful and comfortable life down the road. The main and usually driving concern for most is the cost, specifically opportunity cost. Although women are overall more risk-averse (conservative)
Prior to the pandemic, I had been experimenting with this question for a few years until remote work became the norm and my hypothesis flipped on its head! If you are provided the luxury to skip out on the commute, ~30 min Sweetgreen lunch line, and WFH all day, every day instead, you don’t have
🔑More Often Than Not, It Takes Money to Make Money Read More »
A little more than 2 years ago, remote work seemed impossible for several industries. Zoom was unheard of and TikTok wasn’t ticking and taking up too much of our precious time. Prior to the pandemic, 1 in 75 businesses offered a remote option. Now it’s 1 in 7 businesses. Once Covid hit in March 2020,
👩💻The Mental Money Spent & Remarkable Savings of Remote Work Read More »
By no surprise, the U.S. is known to be the prime destination to pursue the American Dream. Hence the name. With its innovative hub of Silicon Valley, diverse communities, elite institutions, an abundance of opportunities, access to capital, cheap land, NFL, creators and influencers, and welcoming spirit, Americans’ human capital deserves more credit than it
🇺🇸America’s Infrastructure May Be Poor But Its Human Capital Is Exquisite Read More »
The most powerful force in the markets is compounded returns. Through the dollar-cost-averaging (DCA) approach which entails depositing a reasonable amount of funds in incremental amounts into your portfolio, you are more likely to earn a higher percentage in your portfolio over time than dumping a lump sum inheritance or lottery win once in a
👧👴Why Investment Risk Tolerance Shouldn’t Have to Be Heavily Correlated With Age Read More »
Let’s flashback to a year ago. A great deal of Gen Zers and Millennials who were bored, exhausted, and online 24/7 took advantage of their stimulus checks, and the low-interest-rate environment easily and supported themselves better financially in 2021. Their investment returns may have even surpassed a couple years of potential postgraduate earnings and paid
🤑The Record Number of New Investors in 2021 And Its Aftermath Read More »
Don’t get too complacent this time. After 3 years of above-average returns in the markets, many analysts, bulge brackets, and financial institutions alike aren’t predicting a stellar year. I was even surprised. They aren’t negative rather realistically hopeful. The average return for the S&P 500 is roughly 14%. After returning ~25% in 2021, this was
💹2021 Stock Market Rapid Recap and 2022’s Muted Predictions Read More »
Consumers are STILL spending like there’s no tomorrow. We thought the buying spree was a quick fad once vaccines rolled out and cases slumped but now it’s gotten quite ridiculous. How much could one possibly buy? After a couple of beach homes, cars, MacBooks, furniture, the next stop are investments — the best financial decision one could
🤑Inflation, Rising Prices, No Problem! Read More »
Some say EVs should be completely free and others say they are destroying the planet and consumers’ pockets even more. Sadly in this capitalistic society, EVs won’t become free and certainly aren’t disappearing with the reliance on one powerful entrepreneur charging the way. No pun intended. The stock market, environment, and Elon wouldn’t approve either.
🚙The Blinded Costs Behind EVs And Why They Aren’t Really Saving the Planet After All Read More »
During suboptimal times, working harder and longer is favorable. Plus with tax hikes, soaring asset prices, and extra time at home, not taking advantage of these perks is a poor move. The covid pandemic allowed us to reconsider our livelihood and how we spend 80% of our waking hours at work. Today there are a
📐📊Why Everyone Is Starting Businesses At The Fastest Pace in Decades Read More »
Sadly during a deadly pandemic, the rich got richer and the poorer got poorer. Is covid discriminatory? Yes and no. Now the top 1% own over 50% of the nation’s wealth while the bottom 90% own less than 10%. Despite America being the wealthiest nation in the world, this money is not evenly distributed. The
👩💻Why Lockdowns Disproportionately Worked For the Laptop Class Read More »
Although many oppose gift cards as a gift, I truly don’t mind. It’s the thought that counts. It’s certainly better than receiving a present I end up returning. Surprises aren’t my style. Practicality and frugalism are. Although gift cards may seem sad and meaningless, it’s free cash that must be spent! As long as it’s
💳The Hidden Billion Dollar Business Of Gift Cards Read More »
Although risk-free U.S. government securities don’t sound like a worthwhile juicy returnable investment in a low-interest-rate environment, they may be more enticing than you think especially as inflation is nearing record highs in nearly 40 years! There are a variety of treasury securities to choose from and one of the advantages to owning them is
💸An Inflationary Proof Investment With a Guaranteed 7%+ Adjusted Return Read More »
As a teenager growing up in a world of commercialism and consumerism in the 21st century, it’s easy to believe more = the merrier. Yet over the years, as I’ve started using my credit card, paying for things that I once presumed would bring me joy, they’ve now ended up being a pure hassle and
🛍More Isn’t The Answer To A Meaningful Life Read More »
One of the limited downsides to being an investor is that we tend to convince ourselves over time we are smarter than the market. This is one of the most dangerous mindsets to have alongside the belief we can fight the Fed or outperform the market consistently. It is almost impossible due to various unknowns.
⌘Where Does The Interest In Compound Interest Come From? Read More »
Beach home? Doggie? Range Rover? Crockpot? We’ve all purchased something we thought would be handy in lockdown but at this point, we are over it. Alongside inflation bitting us, millions are now dealing with the financial, mental, and physical impact of their pandemic splurges! These splurges aren’t as easy as unsubscribing from one out of
🏠🐶🖼What To Do With Regretful Pandemic Purchases Read More »
The stealth wealth revolution is back! As a lifelong New Yorker, I’ve seen distinct changes in the ways residents and even tourists present themselves. Although tourists will always be recognizable. Living below your means and not showing off is not only a guaranteed way to seem more friendly and approachable, but it makes your personal
👻I Blend In On The Streets, Nowhere Else Read More »
As a personal finance blogger and mentor, I’m always intrigued by investors’ and everyday people’s habits, especially students. They have the most hilarious excuses on why something was a ‘great deal’! Lately, I’ve been hearing many have massive regret over their abrupt pandemic purchases. You’re not alone. Over 64% of millennials alone have regrets about
🏡🚗🛋🛍🛌I Saved a Lot of Money During The Pandemic! But Did You Really? Read More »
