I was recently a guest on two podcasts, which you might find to be of interest. First was a discussion of estate planning and Roth conversions, for the Advice-Only Podcast, which is hosted by Sarah Sprague Gerber of the Advice-Only Network. Mike Piper on Estate Planning Realities and Roth Conversion Strategies Next was a discussion of Social Security, for the Ben with Benefits podcast, which is hosted by Ben Carlson of Ritholtz Wealth. (Ben also […]

šļøEpisode #473 ā More rentals donāt always mean more freedom. Hereās why selling down to 8 properties can create more cash flow, less stress, and… The post Why 8 Rentals Beat 21 (For Real Life Freedom) appeared first on Coach Carson.

Since 2019, I have set goals and resolutions at the beginning of the year and put them down on a spreadsheet. I would write a post about my goals and resolutions, then provide a quarterly … Read more

WiseStacker Silver Exit, Uranium Dump, Tesla Bull (2026-01) Silver Exit, Trimming Uranium, Tesla Bullon (2026-01) Ā I didnāt do a full silver exit, but sold 80% of my position. It has been a long time coming. I bought this position in 2019/2020, and after holding it for years, I finally pulled the trigger in January and sold $122k worth. I still have about $42k left, which I wanted to exit at $125 (almost reached!). Combined […]

A few days ago, we had a discussion with our teenager about what to do if ICE stops him. We told him to follow instructions and not to resist or run away. Hopefully, ICE wonāt wrestle him to the ground. He only has a school ID on him. We had to have this talk because I saw a picture of ICE detaining 5-year-old Liam Ramos. But thatās just the tip of the iceberg. ICE already detained thousands of children in Trumpās second term. Anyone who doesnāt look white should prepare their family for an encounter with ICE because they are using racial profiling. ICE is surging in Minnesota now, but I read Oregon is next. I expect ICE goons to flood the streets of Portland at some point. Weāll find our son and get him out if ICE kidnaps him. This is complete bullshit because he was born in the hospital 2 blocks away. But thatās the reality of life in the United States today. Image of Liam Ramos in detention. Next, we talked about what to do if ICE detains both Mrs. RB40 and me. We have a list of people he can call for help on the whiteboard in case we disappear. He can also call some of his friends who live nearby to see if they can help. ICE taking both of us in is a long shot. Mrs. RB40 is law-abiding and sheāll comply with instructions. However, ICE likes to detain people first and release them later. They are probably putting all detainees in a list for future extermination or something like that. But who knows? They might let Mrs. RB40 go because she sounds āAmerican.ā A more likely scenario would be ICE stopping me when Iām out by myself. There is no way I will carry my U.S. passport to run errands around town. Screw that. This is Portland, not Nazi Germany. U.S. citizens are not legally required to carry proof of citizenship to go about their daily lives. In Minnesota, ICE set up checkpoints, grabbed minorities from grocery stores and restaurants, went door to door without warrants, and randomly snatched people off the street. I expect ICE will use the same playbook when they surge in Portland. An encounter seems inevitable. Being a U.S. citizen is no protection. ICE already killed 2 U.S. citizens and detained many non-white legal residents and citizens. Iāll comply to minimize any injury. However, it seems they enjoy brutalizing minorities so weāll see how it goes. My strategy when ICE stops me Take out my phone and start recording. Say, āIām a U.S. citizen. I am not required to carry a passport to run errands. You have no jurisdiction to detain me. Ā I have the right to remain silent. I do not consent to a search.ā Hand over a āknow your rightsā card. My lawyerās info is on the back. Hand over my driverās license. It isnāt the REAL ID version, but I heard ICE

Ā Photo by Gabriel MeinertĀ The subject of spending seems to be getting a lot of attention of late in and around the financial independence (FI) community.Ā The issue seems to be that those pursuing FI are on a path of deprivation and delayed gratification, and this behavior becomes so ingrained that when the time… [Continue Reading] The post Some Thoughts on Spending appeared first on JLCollinsnh.

Heading to college is an exciting journey filled with new experiences and opportunities. However, it also means managing your finances, often for the first time. There is no better place to learn how to balance your spending than when you are young. For many students, college is when they learn how to stretch a dollar and make the most of their budget. Living frugally in college doesnāt just help you avoid debt; it also teaches […]

Selling Thereās a time to hold āem and a time to fold āem. This is a revised version of a post originally published November 17, 2019. See >>>Revision below. >>>Revision: Selling is actually more difficult than buying. When we buy, we do our research and think long and hard. When we sell, the decision can be loaded with worries; regrets; regret avoidance; fear; selling because we made a mistake buying; selling because the stock has […]

Retirement planning introduces many difficult questions, and some very interesting and meaningful trade-offs. Including, how much should you sacrifice your high-quality go-go years in retirement to fund your expensive no-go years that might arrive in your 80ās and continue into your 90ās and perhaps beyond? For many, residence and healthcare costs can skyrocket late in life. It many not be a consideration for uber-wealthy retirees, but most of us will have to do some serious […]

I find it hard to believe, but it’s time for our seventh annual No Spend February! Here are the guidelines for a Life on a Dime’s 2026 No Spend Challenge. The post 2026 NO SPEND FEBRUARY GUIDELINES appeared first on a life on a dime.

(Originally shaped over two decades of investing) This year, Iāll be revisiting how some of my thinking has changed over timeāincluding how I approach money and investing. This is the start of a series that explores not just what I invest in, but how I think about risk, reward, volatility, and building wealth with a solid foundation. The Beginning: An All-Stocks Portfolio I started investing in stocks in 2004. At the time, it felt natural. […]

Like most red-blooded Americans, we like football and we like money. Meeting perfectly at the intersection of those two passions lies the Super Bowl coin The post Super Bowl 60 Coin Toss Preview appeared first on Impersonal Finances.

Ā Iām haunted by the fates of people whose paths crossed mine, however briefly. The guy I went to uni with ā by every measure an exemplary human being, who met an early demise alone in a seedy hotel room overseas. The woman from work who went to court for sexual assault charges ā with a minor. Of course, I barely knew them. But seeing their names in the headlines shocked me to the core. […]