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Stock Market to Perform better after the Fed Rate Cuts?
Since 2019, the stock market has performed exceptionally, with a 95% gain or an average of 19% annually by 2024. Despite prior downturns, economists predict a new bull supercycle, offering investment opportunities. Staying aware of market trends and adopting a smart investment strategy is crucial for wealth growth amidst economic volatility.
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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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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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The ‘Millennial Dream’ of a Condo, EV, Farmer’s Market, and Travel Now Costs $6.8 Million
From EVs, expensive homes, farmers' markets, and travel; our 'Millennial Dream' is expensive. We will need nearly $7 million.
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If You Think It Costs A lot Today, Check Out These 2030 Estimates
Nothing erodes Wealth faster than Inflation. If the cost is $73k in 2020, it will balloon to $95k by 2030. Are you making the adjustments?
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Born a Crime by Trevor Noah is a Must-Read, Here’s Why
Today the crew discusses Trevor Noah's autobiography, Born a Crime: Stories from South Africa. An amazing tour de force book with powerful lessons that we can all learn from. It's a biography of South American society as much as it is a deeply personal story of Trevor Noah's life. It is both charming and thought-provoking.
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Master Daily Decisions to Make You Wealthy for a Lifetime
Have you ever heard the term, “don’t trip over dollars trying to pick up pennies?” In life, it comes down to four categories of decisions: our daily $100 decisions; followed by, the $10,000 decision; the massive $100,000 decision; and, the 2-part indecision. Let’s break down each so you can start financially prioritizing what matters most: Small Decisions Matter but they don’t often carry the weight Firstly, it is not to say the smaller decisions do not matter at all. However, to a point, you should be making decisions and moving on the items that carry impact. As such, each small action needs to be important enough to warrant a limited…
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American Households in 2022 spent $72,967. How much did we spend?
The Average American Household earned $94,003 pre-tax and spent over $72,967 in 2022. Unfortunately, they only saved $8,742. How did we do?
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Here’s How To Set Up A Retirement Income Portfolio
A solid retirement income portfolio provides retirees with a stable source of income plus potential for growth based on the user's risk profile and time horizon.
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Here’s How to Invest Your First $10,000 through 2050
You really need to invest. No matter if it's a simple ETF or a mix of holdings. Investing is now mandatory for long-term wealth survival. Hedge inflation.
