The good, the bad, and the ugly of leverage

Over the weekend, two significant things happened: the power outages in the West Virginia area caused one of Amazon’s regional data center to suffer an outage and a leap second was distributed to all computers and phones running NTP.The cloud is good for...

Guarding yourself from experts

Ever heard the joke about what you call someone who graduates last from medical school? The answer is “doctor”. It means that no matter how good or bad someone was in medical school, they are still a fully fledged doctor. It’s an interesting fact...

Rebalancing my portfolio – part 2

I already mentioned the first step in rebalancing my portfolio: replacing my 401k with an EIUL. My second step is investing in some dividend aristocrats and holding onto them FOREVER, pulling in dividends and reinvesting them for the long term. What’ll you take...

Your 401k won’t create wealth

If you are paying income tax on your cash flow that is too high in your opinion, then there are many strategies that could lighten that road not using an 401K investment strategy. The real issue is would you rather pay taxes on input or output? So you input $100,000...