Part Time Investing, Wealth Creation, Financial Independance, Passive Income and Military Finance
In today's military there are an unprecedented amount of base services for single service members living in the barracks. While pay is pretty low for young enlisted pay grades there is not much to have to spend your money on. The most successful savers/wealth creators I have witnessed living in the barracks eats at the... Continue Reading →
As a part time investor I try to keep my expenses low. I currently trade on three platforms; Acorns, Robinhood, and M1 Finance. My total cost? $1 a month. Free screening tools: Yahoo Finance TradingView sinkorswim Yahoo Finance is my go to screener. It has free charts, news, fundamentals, financials, and analysis. As a value... Continue Reading →
I have been an active duty Marine for the last 16 years. As I am nearing the end of my career I realized that I have been handing out a bunch of financial and real world advice to the Marines and service members that I work with. Most of this advice are things I wish... Continue Reading →
Is there such thing as good debt? In my opinion the answer is: it depends. While my wife and I work our way to financial independence we understand that paying off certain debts takes priorities over others. On top of that there are debts that will take years for us to work down like the... Continue Reading →
I recently took a trip to Chicago and was able to read "The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns" by John C. Bogle on the plane rides round trip. Bogle is the founder of the Vanguard Group and essentially created Exchange Traded Funds... Continue Reading →
One of the things I aspire to do is create a passive income revenue stream. Attaining that goal will probably be contrary to becoming financial independent in the short-term, but will help me get there in the long-term. My Top 5 Ideas for passive income: Rental Properties Dividend Investments Ladder Certificate of Deposits (CD's) Creating... Continue Reading →
Today I officially funded my M1 account. I posted earlier that M1 Finance is a free investing platform where you create a portfolio as a pie. The pie allows you to own fractional shares of a stock which gives an easier point of entry to owning higher priced equities. Initially I was playing with the... Continue Reading →
"[I]nvesting isn't about beating others at their own game. It's about controlling yourself at your own game." -Zweig The Intelligent Investor: The Definitive Book on Value Investing by Benjamin Graham and commentary by Jason Zweig is a must read for anyone who wants to get into or is interested in value investing. Graham literally wrote the... Continue Reading →
One of the first steps my wife and I have taken on our road to financial independence was creating a budget. We realized that we were marginally living within our means but spending WAY too much on wants. We have no problem paying the bills, but we have a problem creating REAL savings and generating... Continue Reading →
