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As Benjamin Franklin pronounced, “The Only Two Certainties In Life Are Death And Taxes”. I’m going to argue 3. Dealing with mortality is dreadful. Taxes are annoying. And uncertainty is inevitable. These are the 3 unfortunate certainties of life we must get used to. History is a helpful predictor of future performance yet past performance […]

Over time any true asset slowly rises in value and there’s no investment that isn’t somewhat volatile. Ideally within one’s portfolio, most investors want to take the least amount of risk for more reward. That is clearly hard to do especially if you are trying to beat the market versus trail it which there’s nothing

Is this good or bad news? The amount of taxes Americans have paid this past year is at an all-time low. It is positive news in a sense that Americans seem to be more financially literate and clever in their ways of saving money yet dangerous as our country is in dire constraints in terms

There are endless worries in life and they never leave. We complain and ruminate over things that don’t make sense and when it comes to deciding things that are in our control, we make poor decisions and put ourselves into more trouble. Having nothing to worry about is a blissful feeling we believe can only

The easiest excuse to make is more money = more happiness. For the most part that is a lazy uneducated statement. There’s no doubt a base level of security will keep you sane, financially stable and allow you to live a fruitful life yet after a set point, no amount of goods will fill any

We seem to only hear and idolize the classic rags to riches stories which end up hurting our chances and focus. In the media, it’s sensation around JLO coming from the Bronx to global superstar, in the athletics world, Cristiano Rinaldo growing up in the slums and now soccer powerhouse and in the startup world,

What’s fascinating about the wealthy is that most of them are open to revealing their secrets, strategies, life lessons and habits all over the internet. According to research, the wealthier one is, the less likely they are to use social media, even for marketing efforts and leveraging their brand yet they are still open about

As a 20 year old personal finance advocate and connoisseur, I breathe, sleep and ponder money.  Not in an addictive way, rather in an enjoyable and inspirational way. Although I’m only two decades old, I already had to make quite a few life-changing decisions that coincidentally all involved finances to sway the main decision. Thankfully

Real estate is a robust investment choice that offers a plethora of opportunities to strengthen and diversify one’s portfolio. Along with stocks, it is the most concentrated asset class amongst millionaires and beyond. Compared to securities or fixed-income via the secondary market, real estate comes in different shapes and sizes. Ever since I signed the

The pay gap is stark and irresponsible. Let me cut to the chase. The rags to riches story isn’t all that common. Americans are obsessed and too hopeful about rising the ranks which is damaging their future. I know it sounds harsh but it’s reality. This pervasive wealth fantasy is abundant in Americans’ lives filled

Throughout history, social mobility has been a pervasive issue yet rare occurrence. In America, the wealthiest nation in the world, the top 1% own more wealth than the bottom 50%. They profit off of every possible decline and are hesitant when things are stable. They are beyond greedy when folks are fearful and scared to

And no. Majority of the buyers aren’t the ones you only hear of in the media. Real estate is having its best year yet. The median home price in the U.S. has skyrocketed to a new record up 22.9% from the prior year to $363,300. With limited inventory and ravenous demand, at this point in

As females, we are naturally more risk-averse than males and tend to shy away from speculative investments that have no justification for their price.  Fortunately, our conservatism through passive investing comes in handy since it ends up returning us more in the long-run. Although men make up 90% of portfolio managers in the world since

There are several possessions such as assets and valuables we purchase in life without question almost regardless of price. Majority of people don’t understand why until they become adults or deal with aging parents. The sad truth is that we don’t change until we are forced to when it’s typically too late. Without these investments

You can fake it on jewelry, clothing, food, vacations, cars and virtually anything except for property. Yes, you can take out a 30-year fixed mortgage and put down only 5% on an Upper West side penthouse, but on paper, it doesn’t mean you own it. A quick way to tell if someone is truly wealthy

Exclusivity and scarcity will forever be in demand. We are allured by prestige, image, and praise. We want more of it and it can never be enough. The problem is there’s always something we don’t have. Since birth, we craved attention from everyone. We want to be told we are the cutest baby in the

Money is everyone’s best friend. You’re lying if it wasn’t. Even wealthier countries are happier and healthier. Below a base level income of roughly $70k per year, financial freedom, flexibility, safety and happiness are directly correlated to the number in the bank account. Past that point, it’s more dependent on the work you put in

The wealthy crave security, rich crave luxury, and the poor crave image. There’s nothing more valuable and enticing than scarcity and pleasure. We are all humans and want to feel good. From babies to Harvey Weinstein, we all find pleasure in different activities and materialistic items. Consequently, with a higher net worth, the options get

The recommended 20 minute wait time to confirm no reaction to the vaccine could be the most anticipatory, exhilarating and liberating moment we’ve ever witnessed. It’s the same feeling dogs have when they see and vividly smell a juicy plate of food but are stuck in their play pen. In the meantime after receiving my

The ideal investments offer sizable adjustable return and scalable impact. Only caveat: They rarely exist. These days investors are pouring more money into ESG (environmentally social governance) funds striving to leave a mark on their investments believing in funds that eliminate fossil fuels, combat climate change and promote diversity yet these managers selfishly expect a

The best way to learn and get better at something is by following in the footsteps of those who’ve walked the walk. Yet most copy not apply. No matter how meticulously a novice golfer follows Tiger’s path from birth to PGA champion, they still wouldn’t be where Tiger’s at. Not even close. It’s impossible. Even

Two decades on earth has taught and tested me more than anticipated yet I’m truly grateful for every experience I’ve been offered, rejected from and struggled through. Wouldn’t life be boring if we already knew what we were capable of? Some say life is about trying to figure out something and realizing there’s nothing to

The most basic way to attain wealth is by waiting for it to grow. This requires no upfront experience, age limit, knowledge or wasted time. Just extreme patience. Now don’t get me wrong, waiting for money to fall from trees will keep you waiting forever. In the market, waiting is your best friend as time

Spoiler Alert: There’s no pot of gold at the end of the rainbow with a golden envelope waiting for you stating you hit seven zeros in your bank account. People are allured by the number to their name just like the weight on the scale. Speaking of the scale, I honestly haven’t stepped on my

Growing up in an upper-class family with immigrant parents, I’ve been fortunate enough to get to know successful people from all walks of life that came from nothing and rose to the top.  Out of this bunch, there are always going to be bad apples including entitled selfish kids that haven’t worked a day in

When discussing investing, most people mix up speculator, trader and investor but understanding the differentiators is essential to avoiding risk, guaranteeing cash flow and preserving wealth. With the influx of newly opened brokerage accounts and a rise in retail trading a.k.a gambling spurred by lockdowns and stimulus, most newcomers haven’t internalized one can’t invest without

If you thought Trump was the only guilty billionaire, more like current millionaire at this point who’s been caught in paying no income nor corporate tax for years, boy were you wrong. The loopholes for billionaires haven’t been easier. Not all of them are your favorite rocket scientists anymore. The newly released, possibly illegal yet

During a low-interest rate environment, aggressively refinancing your mortgage can help lower your pesky interest-rate payments to be able to invest the leftover proceeds, sweep that liability under the rug, become debt free and have full equity + ownership in your home. It only seems like a great financial decision to lower your monthly payments.

One is predictable, the other isn’t. A mortgage payment is comprised of two parts: repayment of principal/face/par value and nominal/coupon/ interest rate expense that is charged by a financial institution (bank) holding your mortgage (debt security/loan) until it’s paid off at maturity. This is a stagnant payment that doesn’t change, whether you move out or

Moderation is key in everything. Too much of a good thing can get dangerous. From exercise to the fad of ‘clean eating’, these so called, ‘un-harmful habits’ can turn into an unhealthy lifestyle ruled by orthorexia and obsession. Same thing in the markets. Too much tinkering, pondering, manipulation, stipulation and observance can be deadly to

It can be difficult to get rich without the luck, preparation and timing but it’s even harder to sustain it. With broke lottery winners and first million dollar paycheck athlete bombers, sadly there’s little to no chance someone can sustain a million+ paycheck for the rest of their careers, let alone a year without financial

The pandemic shifted consumer spending for the better. It’s unfortunate most people only change when they are forced not asked or advised to. Believe it or not, the more income you make, the more you should and usually do save. Although you would think that being worth more means you are safe and sound forever,

When investors plan on maximizing returns and following conventional investment advice, most wouldn’t think of following century-old college endowments, pension funds or 401 (k)s retirement plans to get ahead. Well, due to their ignorance, investors are missing out on a whole lot of juicy returns, simplicity, value and time back. Sadly the reason investors don’t

A recession, 2–6 months of GDP lag and a depression, 6 quarters or more of GDP decline, occur due to an imbalance in the economy. The economic cycle rides through waves and the economy is healthiest when it recovers smoothly from downturns and surprisingly hits another breaking point every 8–10 years. Historically it takes some

Although the title of this article seems to be intended for the top 1% in the world who are begging to find ways their precious companies can avoid paying a constant burden in the financial world: taxes, surprisingly everyone needs to know about this. Whether it’s saving billions or a couple hundred on taxes, it’s

With a record number of newly opened brokerage accounts this past year pumped by stimulus money and boredom, lofty valuations amongst various asset classes that make no sense, thousands of TikTok accounts teaching financial literacy and soaring meme stocks, the market couldn’t be hotter. Maybe too hot reaching a possible bubble on the horizon. But

Teens get a bad rap. They are known to be lazy bums who scroll through social media all day infesting their lives with toxicity, comparison and trash while their elders look down on them with dread and confusion questioning why they aren’t investing in their future. Although a majority of teens do engage in wasting

The most common misconception about wealth is that you need to earn more income to be worth more. Your net worth isn’t compromised solely of your income, or at least it shouldn’t be. It can be tricky to calculate one’s net worth off the bat because it’s scattered all over the place which in fact

Since more than half of U.S. adults are fully vaccinated by now, inflation is all on our minds. We are abruptly venturing out and frivolously spending on luxuries and adventures that were shut down this past year. The world of travel, tourism and leisure is inching towards pre-pandemic levels as the unofficial start to summer

The world of investments seems complex and bland. From the amount of jargon that’s tossed around which include commodities to bonds, assets to cash and sayings such as, ‘investing in yourself through education’ to ‘not putting all your eggs in 1 basket’, these are the phrases and terms we most likely think of when we

It’s time to be honest with yourself. Why do you really have that Disney + subscription? Don’t worry. I’m not bashing you if you don’t have kids. I’m just asking if you have Disney+ only to watch ToyStory 3 in HD? Is that all? Now, don’t get me wrong. Toy Story is a classic but

We all know when things are free, we are the product. Regardless, we feel good about using free sites and platforms because we assume they are somehow saving us time and money yet those are the places you want to watch out for the most. I became heavily involved with my finances when my father

Ever wondered how to earn as big as Wall Street traders without loosing your sanity and life working 15 hours a day, reading financial reports, building reports, glued to the news and only earning $90k for the first 3 years with 30%+ going towards taxes living in 24 hour cities of NYC, London and San

Growing your net worth isn’t easy at the start but the good news is that it gets easier the more sources of income you generate, the less you depend on W2 income and know how to build cash flow in your sleep. How? Because you already have a system in place, habits that work, people

For those who’ve been living under a rock and no worries if you have been since Covid is a valid excuse, here’s a little refresh on exactly what the deal is with cryptocurrency which has risen six-fold in the last year due to extreme exuberance, overhyped(ness) and speculation which seems to be never ending like

Regardless of the industry you’re in or major you have, having a basic understanding of how to invest and what financial analysis involves doesn’t hurt especially since it can apply to your own portfolio. Below I’ve compiled a comprehensive guide on what I think everyone who wants to be ahead of 80% of the population

There’s no way out of money. No matter what you major in from architecture to the arts, you still need it and if you believe you don’t, then you will sadly die earlier than most and live a miserable life. But who says living with less or learning about finance needs to be painful? Sure

Most Americans solely rely on their earned income from their job to keep them afloat. I don’t know about you but if I only had 1 income even as a 20 year old, I would not be able to sleep at night. No way Jose! Not only 1 income is the riskiest path for anyone,

If the secret formula to success was 10 years of unwavering commitment and dedication, people would be much more willing to follow it. Yet since there’s no set time-line or guarantee, most get stuck, quit, blame others, their environment and family for their faults. What stops people isn’t their IQ, experience or expertise in a

Purchasing a home is at the top of the expense list and a staple of the classic American Dream. Behind buying a property, transportation, food and paying off debt are next in line as the largest expenses for a typical middle class family and are arguably 10x easier to deal with considering there’s no such

Options offer, well, a lot of options. They are the most dangerous part of the market. They involve the world of derivates and pure gambling. Those who believe they can only make money in a bull market are wrong. Not only you can loose big and it’s easier to do so due to an inflated

The best investment advice I’ve ever heard is to ‘buy the dip’. Only if people knew that wouldn’t investing be so easy? Well, not exactly. Most people don’t know you can still loose money in a bull market. In fact, most investors loose money while passive investors have historically beat out active investors as individual

Cash is a necessary asset that a company to any individual must have, rich or poor. It is the most liquid asset meaning it is able to be used to purchase anything you need right away. If you don’t have enough cash on hand, you are in a risky situation primarily because if you loose

If you’re fortunate to live in the United States, there are great things expected of you. No seriously, there’s a lot of pressure living here. You not only have the best chance of earning a top tier-income, you have the opportunity to create your own business, establish a brand for yourself and be your biggest

You would think too much of anything is not a problem except when it comes to taxes. At the moment, most of the wealthy have either fled to Florida and pretend they live there permanently in order to pay less in taxes for their NYC estate(s) or are panicking about Biden’s new tax law calling