Sunday AAR (30SEP2018)
The 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.
- Fiology: The Study of Financial Independence – First off a shout out to this site run by an active duty Navy member. They offer weekly lessons in topics related to financial independence. I’m a new subscriber.
- Earning the Right to Get Swindled – Matt Levine, among other things a former investment banker, uses snark and humor to explain why high net worth individuals like doctors and NFL players can invest in “private placements” that aren’t subject to tight regulation. I think this is how Rocky lost all of his money at the beginning of Rocky V.
- The New Gilded Age – It’s a fact – the ultra-rich people have (almost) all the money. I hope that doesn’t change. Not because I’m against fairness, but the cure would be worse than the disease. The premise of this blog is to help military service members get rich. Maybe not ultra-rich, but certainly comfortable. Circumstances vary, but the concept is easy.
- Inequality in the Stock Market – Precursor article to the one above. You can help fix that inequality. Follow these steps.
- Market Timing is Hard – This makes three in a row here for Ben Carlson. Every time I see a good article about market timing I post it whether pro or con. Don’t see many good ones in favor though.
- Build Your Real Estate Portfolio with the BRRRR Method – Buy – Rehab – Rent – Refinance – Repeat… Right now I’m finding owning one house to be a bit pain in the A$$ (dollar signs are literal). BUT, a lot of people build up great income producing portfolios using this method.
- My Personal Real Estate Crowd Funding Results – Passive Income M.D. has been investing in real estate using a more well passive method than he discussed above with the BRRRR method. This article has plenty of links to his research.
- A Millionaire at 34 … Without College – This guy’s brother-in-law did it by living cheap and buying assets. Those ultra-rich folks (see above) – unless they inherited the money, chances are they did the same thing.
- How to Beat the Expense Ratio – Expense ratios matter, but not nearly as much as how much you invest.
- Should I Buy Bonds or Stocks? – The answer is a lot of stocks and a little bit of bonds (if you wish). I personally just pay a slightly higher management fee and invest in a Vanguard target date fund.
- In your 40s with no retirement savings? – It’s late, but not too late.
- Fed Rate Hike: Here’s how it hits credit cards, loans, savings accounts – From CBS News, this is a good review of how rate hikes impact savers and borrowers.