Sunday AAR (11FEB2018)

by | 11Feb2018 | Sunday AAR | 1 comment

After Action ReviewThe Sunday After Action Review is a collection of the best articles that we’ve read this week.

Know of a good article or blog that we should read? Please let us know in the comments.

 

 

  • If you want diversification in your investments, real estate is a good option. This is a comprehensive list of ways to invest in real estate from passiveincomemd.com. If you move a lot and don’t want to be tied down by physical assets, REITs and crowdfunding sites offer good alternatives.
  • Have a holiday spending hangover? This article discusses a couple of good techniques for paying down debt. We discuss debt management at length in our Steps to Financial Security – Number 4 Manage Your Debt.
  • Every time I go out to dinner with Still-In he inquires about a military discount. Museum – he asks, car-wash probably that too. If we’re at a sit-down restaurant, he’ll roll the discount into the tip. Here’s a list of discounts from Military.com. There are lots of others and it never hurts to ask.
  • Here are some tips for managing your 401(k) from one of our favorite blogs. I’ve had several jobs and with each transition I roll my 401(k) in to a traditional IRA at Vanguard. This keeps headaches and costs to a minimum while giving me solid long term investment performance. The company that manages my current 401(k) throws a nice customer appreciation party at the DC zoo every year – all “FREE”.
  • Zero down and zero interest – FREE MONEY! Well yeah, but it’s still debt. The White Coat Investor explains why he doesn’t take advantage of these offers (anymore). I’m actually half way through paying one of those off right now. The gain isn’t worth the hassle. Another downside of using seller provided financing is that you lose the buyer protection provided by credit cards.
  • Athletes go broke for the same reason as other folks: bad investments, overspending, and divorce. In 2009 Sports Illustrated had a detailed article on how and why this happens. A couple of interesting facts:
    • By the time they have been retired for two years, 78% of former NFL players have gone bankrupt or are under financial stress because of joblessness or divorce.
    • Within five years of retirement, an estimated 60% of former NBA players are broke.
  • I was saving this one for after the Patriots won the Superbowl. Didn’t work out for me. Even so, this is an interesting article about how economics contributes to the success of the Patriots. They might also have a small advantage by have an MVP quarterback who’s the 18th highest paid in the league.
Personal Capital

1 Comment

  1. Passive Income M.D.

    Sorry a little late, but thanks for the mention! Lots of really great articles on this list…

    Reply

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