Learn How to Invest Your Money, Passive income, Retirement and Financial Independence

The Infinite Banking Concept: How To Be Your Own Bank

The Infinite Banking Concept: How To Be Your Own Bank If you’ve ever heard of using your whole life insurance policy (whole life as opposed to term life insurance) like a savings account to borrow against for personal use, then you’ve heard of the Infinite Banking Concept (IBC) – whether you realized it or not. The idea behind it advocates becoming …


Learn How to Invest Your Money, Passive income, Podcasts, Retirement and Financial Independence

The All Weather Portfolio and The Golden Butterfly

The All Weather Portfolio and The Golden Butterfly A lot can happen over the decades. There will be recessions, bear markets, bull markets, political upheaval, possibly even depressions. What should we do with our money in each of these scenarios? Do we up-end our asset allocation every time some pundit is on CNBC screaming at us? Certainly not. One of the …


The First Investment Platform For Fine Art: Masterworks Review

The First Investment Platform For Fine Art: Masterworks Review I remember a time when my parents told me investing in a career in art would never bring me financial stability. An art career is still pretty unrealistic for many people unless you have the financial backing but you can still gain some financial stability investing art. According to a recent Deloitte …

The Truth About The FIRE Movement

The Truth About The FIRE Movement If you read any personal finance blogs or listen to any personal finance podcasts, you’ve probably heard of the FIRE movement. LMM has written and talked about it in the past, but some in the personal finance world devote their blog or podcast to the FIRE movement entirely. But the concept of FIRE is …

It’s Never Too Early To Start Retirement Planning

It’s Never Too Early To Start Retirement Planning Wrapping your head around saving for retirement can be quite scary. Many of you reading may have just started saving for retirement and others haven’t saved a penny. We’re not here to shame you about not having a retirement plan. We’re here to tell you that, just like Luke Skywalker, it’s never …

The Roth IRA: Optimize Your Retirement Savings by Knowing the Rules

The Roth IRA: Optimize Your Retirement Savings by Knowing the Rules I’m sure you’ll agree with me when I say learning the rules about a Roth IRA retirement account is something you’d never wish upon your most hated enemy. It’s boring. And it’s even less fun when the rewards you’ll reap are 20, 30, or 40 years away. In fact, …

16 Realistic Ways to Make One Million Dollars

16 Realistic Ways to Make One Million Dollars If you want to become a millionaire, it’s entirely possible and easier than you think. No snake oil or voodoo, here, just 16 realistic ways to make one million dollars. One million dollars is and is not a lot of money. It’s the first million that’s the hardest which is what people …