FIRE Journey
Financial Independence, Retire Early (FIRE) is a movement of people devoted to living life. Additionally, it's about living beyond the need to continually clock in for dollars. In essence, the journey leverages time as an asset. By saving and investing, the aim is to allow them to retire far earlier than the norm. As early as even age 40. Considering that the Average American will likely retire north of 65, it's a lot of time to get acclimated to living life in pursuit of purpose. With an annual saving of more than 15% of their gross annual income, F.I.R.E. proponents aim to retire early. How? By building sizeable assets. And, by living off at least 4 percent withdrawals from the principal. Detailed strategies, financial planning, economic discipline, and wise investment are key components in achieving F.I.R.E.
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Here’s the Latest 401k, IRA and Other Contribution Limits for 2023
One of the best ways to become an automatic millionaire in your lifetime. Don't skip on the contributions.
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How to Rollover an Old 401k and Our Investment Strategy
Most people jump ship from their job and forget about their 401k, 403b or 457 rollover options. The majority (56%) of those ages 18-34 still have an old retirement account at a previous employer. If you’re 35-44, you are part of the 40% that have also not rolled over previous retirement accounts. How much is that worth? Well Americans lost more than $1 Trillion dollars to old forgotten 401ks. Even more if we consider the compounding interest opportunity. So let’s break down what rollovers are, tips on what to look out for and what to do next once your have access to your hard earned money. And just for the…
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How We Made $20k in Passive Income for Q2 2022
The second quarter of 2022 was hopeful. 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. My internal compass still leans toward overall gratitude. I work from home. Additionally, I have a beautiful wife who loves to travel like I do. Our growth is proving to us that the solutions to a challenging word are merely tougher and more resourceful people.
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How Seven Haitian Americans are Establishing Black Wealth against all Odds
Building wealth is not easier being 1st generation Haitian American. These stories prove that sometimes you have to start a new business too.
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Stocks are Down, May as well Buy the Dip!
Hooray we all made it through May and the Pandemic. Just six months left to reach your Financial Goals.
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Here are the Top 10 Haitian American Financial Influencers to Help You Build Wealth
If you want to know how to live better and build wealth fast, just follow these Top 10 Haitian American Financial Influencers and Podcasts
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Almost $15k Passive Income for Q1 2022 – A Little Money Here and There
The first quarter of 2022 was rough. Winter dragged on and the passive income dragged down. Society is learning that 2022 is not like 2020 or 2021. With price inflation up, some goals might not materialize this year. My primary mission for the 2nd half is to ramp up Financial Literacy consultations and write some E-Books?
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Our Investments Dropped $50k in the Red. Inflation Madness Continues!
Investments are in the red. For some, it took all of 2021 growth off the table. High Inflation and a War will do that. It's getting harder. It's costing the average household an extra $6,000 per year to keep up.
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Pandemic Investment Performance Are Up 100%! Use These Tips
Our investment grew by an astonishing +98.50% beating the S&P and most investment management portfolios. Here's how we were able to do this.
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Inflation is Here to Stay. Investing is Not Optional Anymore, it’s Mandatory.
The pandemic revealed a lot, Inflation and high prices are here to stay. Investing is not Optional anymore, it's Mandatory. Try this strategy
