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4 Tips on How to Beat Inflation. Stock Market Performance Between 2020 and 2024
As of April 2024, the stock market was down 5% and inflation is still up 3.4%. Although the market recovered since, day-to-day life has become unaffordable for most Americans. In 2024, money isn’t cheap anymore; proving that financial illiteracy is expensive. At this rate, your knowledge or financial awareness equals your family’s future purchasing power. If you want to compete in modern times, it’s now mandatory to invest. Investing $100 in the S&P 500 at the beginning of 2020, you would have about $145.67 at the end of 2023, assuming you reinvested all dividends. This is a return on investment of nearly 46% percent, or an annualized average return of 10.8% per year. But that’s…
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Be Rich on Any Income – Hyper Wealth Accumulation
While the world advances toward automation and AI, it’s time to shift your finances into hyper-wealth accumulation mode. The best part, you don’t have to start rich. Narrow your focus on the goal to end up rich at the finish line. Besides it’s way better than starting rich and ending up poor. Redefining the Financial Journey Not the Finish Line Wealth is not the finish line; learn to redefine the trajectory. The most common misconception about wealth is that you must earn more income to be worth more. Your net worth isn’t compromised solely by your income. It’s a bit more complicated and way more intentional. If you want to…
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The Financial Impact of Immigrants in the United States
Immigrants have been coming to the United States since 1609. With them, they have brought culture, food and financial prosperity.
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How We Made $5k+ in Passive Income for Q2 2024
The second quarter of 2024 was tight. High prices raged on and it's likely that the passive income economy dragged down. With price inflation up, some goals might not materialize this year but we will likely still land in the positive. Nearly $7k in gross passive income is still income.
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Investments surpassed $900,000. Time to Celebrate in Texas?
A small but meaningful TNFG July celebration is in order. We survived the Great Stock Rotation. We don't expect much from Q3 so here's hoping for a solid year end close out of +5% to +11% growth.
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How to Use the Kaizen Business Principles for Continuous Personal and Financial Improvement
Kaizen is the Japanese word for “good change” (Kai = change, Zen = good). Typically used in Business philosophy, it describes the continuous improvement of all functions, at all levels of the hierarchy. As such, Kaizen is both a powerful and competitive strategy. Using it, you will find that each aspect of your life can work seamlessly together. From your relationships with others to your finances, the goal is to shift your lifestyle toward success. At its core, Kaizen means that you can always take meaningful actions. As the main character in your story, you are empowered to create, build, and improve. To do better than the last time and to…
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How Not To Let Inflation Erode Your Household Wealth
According to an article by Yahoo Finance, inflation will make these seven assets unaffordable in the next 10 years. The future is expensive.
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Tracking Our Million Dollar Investment Portfolio Since 2020
You have to have some investment if you want to excel in a capitalist system. Without capital assets, you are merely falling behind. Here’s every single month of tracking our investment portfolio since 2020. Links are also available for the full net worth breakdown for that month. Although we started to track our net worth in 2012, we didn’t start writing blog posts until June 2020 when the website was created. Things that helped our investment grow? Never been a fan of people sharing their final investment numbers without a full context. It’s only fair to paint a real picture. For one, although my wife and I didn’t come from money,…
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Why Tracking Your Wealth Matters. Our Monthly Net Worth Since 2020
A monthly net worth breakdown can help you understand your finances and how you can increase your net worth. To calculate your net worth, you can subtract your total liabilities from your total assets: Factors affecting our Net Worth? I also wanted to add that we are a dual-income family with no kids (but a dog) living in the DMV. The DMV is a tri-state area comprised of the District of Columbia, Maryland, and Virginia. It’s one of those areas where the median income is typically higher than the rest of the nation. Although we don’t have high-powered C-suite careers, we were fortunate enough to land jobs with great pay. The…
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250k Reasons Why A Mid-Year Financial Review is So Powerful
The stock market tumbled in 2022, however just like that it rebounded through the first half of 2024. You really can't time the market. Stay invested!
