Personal Finance Blogs
Featuring the Best Personal Finance Blog Articles
Today's Personal Finance Articles
View articles only on the topic you search below.
Buying into the infrastructure story via the specialist investment trusts trading in London has been like being a fan of a now-aging boy band, or an early devotee of a cancelled children’s author. .memberful-global-teaser-content p:last-child{ -webkit-mask-image: linear-gradient(180deg, #000 0%, transparent); mask-image: linear-gradient(180deg, #000 0%, transparent); } This article can be read by selected Monevator members. Please see our membership plans and consider joining! Already a member? Sign in here. The post Train sets for grown-ups […]
Better late then never, right?! Today a quick recap of the two meetups we (Mrs Hoefnix and me) did in Culemborg at the beginning of last month. Life got in the way of blogging, so this post took a while longer than planned. However life happened, in a good way though, as we are currently fostering another dog again. Unfortunatley our own passed away late last year, and we didn’t want a new one straight away. So decided to forster! Now, a new dog takes up time & effort, but is more fun then blogging (I think at least). Since I found a quick moment, I wanted to do a FIRE Meetup Culemborg Recap! Two days of fun So how was it? I thought I was a lot of fun again. Despite the setup of the meetup, with something for everyone (from the beginner all the way to the more advanced FIRE enthousiast), the crowd was a lot more advanced than we anticipated! Best guess is that about 20-30% of the attendees were already financially independent and many other well on their way. That’s a lot higher then I had even seen in the past. It also resulated in interesting discussions, insights and interactions. Thanks to all the people that came to make the meetups another succes! We really hope to see you again in the future to see how you are getting along. Quick recap So quickly, what did we do? We started with a FIRE 101, which you can see & download here: Cheesyfinance.nl – Introductie to FIRE – Rev 0Download Next, Mrs Hoefnix discussed the boring middle. A summary can be found here (in Dutch). And finally, we did a discussion panel with Mr Elders and Petra from “Naar financiele Vrijheid”, where we looked at “How to FIRE when the world is dire”. As this topic is so broad, we just focussed on a few scenarios and quickly brainstormed about how to deal with such situations, from a financial perspective of cours. The presentation can be seen & downloaded here: Cheesyfinance.nl – Discussiepanel – Rev 0Download Please note that the meetups and presentations were/are all in Dutch this time! What’s next? Start talking money! First we are going to go on a vacation next month and after we return we will have a look how, when and what we will do for the next meetup. If you want to organise something yourself in the mean time, please do and let us know! Chatting and discussing with people about your FIRE journey is very rewarding, insightful and entertaining. A meetup is the perfect place to do this, but certianly not the only option. As a matter of fact, we visited a work colleague of Mrs CF the other week to discuss their finances over dinner. Money is still a “taboo” but there are several simple ways to start the discussion with friends, family and colleagues and help plant the seed and support them
Last year I wrote about a valuable but little-known income tax filing option called IRS Free File. With the 2024 tax season upon us, now is a good time to remind readers about the program, and share what’s new in 2025. Here’s a brief refresher: IRS Free File is a public-private partnership between the IRS… The post IRS Free File Update for 2025 appeared first on Can I Retire Yet?.
Chart updated to end of FEB in sidebar.Stocks/cash decreased -$9,279 (-3.37%) to $266,324 but this was actually a positive month as I also withdrew $20K from my mortgage offset account to make a monthly non-concessional contribution into super, which impacted the cash component of this figure. I will do a similar contribution every month for the rest of the FY, so I max out the NCC cap for this
Today I have an update for you from a previous millionaire interview. I’m letting three years pass from the initial interviews to the updates, so if you’ve been interviewed, I’ll be in touch. This update was submitted in December. As usual, my questions are in bold italics and their responses follow… OVERVIEW How old are you? I am 40 and my wife enjoys the fact that she is a few years my junior. We celebrated our […]
A new year means new TFSA contribution room for Canadians and permanent residents 18 years and older. In case you’re not familiar with the TFSA, please check out the ultimate TFSA guide to understand the … Read more
What if decluttering felt as natural as the changing seasons? Discover how to clear space with a seasonal approach to letting go. The post The Seasonal Declutter: What to Let Go of Every Spring, Summer, Fall, and Winter appeared first on Simply + Fiercely.
Meglio investire sui massimi o aspettare? Quali strategie puoi adottare per entrare sui massimi? Come vincere la paura? Stai pensando di iniziare ad investire in borsa ma i mercati sono sui massimi? Cosa fare? Investire sui massimi o aspettare che i mercati scendano un po’? Guardare i grafici e vedere che i mercati americani sono praticamente raddoppiati rispetto al 2020 effettivamente farebbe dubitare chiunque: Erano i prezzi del 2020 ad essere bassi? O sono i […]
Hey Everyone! Did you have a good month? February was another hectic month at the RB40 household. I was busy fixing up our rental condo. That’s done and it’s listed for sale. Unfortunately, the housing market is very slow. It’ll probably take a while to sell. Now it’s a waiting game. On the personal finance side, we had a rough month. I spent about $2,200 to fix up the condo and our cash flow was negative. The rental condo willl be a drag on our cash flow until it is sold. Our net worth held steady in February. I’m very pessimistic, though. The stock market probably will crash and burn soon. Alright, I’ll share how I’m doing with my New Year goals. Then, I’ll go over our net worth and cash flow. Let’s go! 2025 Goals Here is my 2025 goal spreadsheet. It works well. Try it out if you can’t keep up with your New Year goals. The key is to review the spreadsheet monthly to track your progress. That way, you can see which goals need extra attention and work on them. Financial Goals Sell Rental Condo This is my main goal for 2025. Our tenant moved out of our rental condo in January. I fixed it up and listed it for sale. Unfortunately, the housing market is terrible right now. It might take a while to sell. If it doesn’t sell in 6 months, I might have to look for a new tenant. I don’t want to be a landlord anymore. I’d rather invest in real estate crowdfunding. Prep duplex for sale Along the same lines, I plan to sell our duplex after RB40Jr finishes high school in 2029. We need to move to southern California to be closer to families. Mrs. RB40’s parents are getting older and they need help. This year, I will meet with our realtor and figure out what we need to fix. The siding needs repair and repaint. I’d be happy if we can get at least that much done. I plan to hire this out. These days, I try to avoid the ladder as much as possible. I also want to remodel the kitchen and bathroom. The duplex is on the back burner for now. Max out my Roth IRA The Roth IRA is the best investment account you can have. You don’t have to pay tax on the gains when you withdraw. This is huge. If you start young and max out your Roth IRA every year, it’ll be a great resource in retirement. I’ve maxed out my Roth IRA contribution for over 20 years. But that streak will end sooner or later. The reason is simple. You can only contribute to the Roth IRA with earned income. My earned income is dropping like a rock and I might not make enough this year. In 2025, the contribution limit for a Roth IRA is $8,000 if you’re 50 or older. We’ll see if I
The stock market outlook changed to a downtrend last week after encountering heavy selling pressure
Below is a comprehensive SIC and NAICS code lookup tool for United States publicly traded securities. This tool helps investors understand company classifications, industry groupings, and peer companies using both the legacy SIC (Standard Industrial Classification) system and the modern NAICS (North American Industry Classification System) codes. The database includes all publicly traded securities that file with the SEC, with classifications updated directly from SEC EDGAR filings. Data is refreshed regularly as companies file new […]
Investment psychology The Equity Risk Premium puzzle This post delves into the question of whether the conventional wisdom about the riskiness of stocks vis-a-vis bonds is wrong. Over many decades of investing in stocks, and occasionally bonds, I have come to think that stocks are less risky than bonds when you take returns and inflation into account. My first experience with the riskiness of stocks was in the early 1970s when the Nifty Fifty stock […]
The utility sector is known for its defensive qualities, providing a stable investment option in times of market uncertainty. By overweighting defensive sectors, investors can lower the volatility (risk) of their portfolios. Many will refer to Canadian utilities as ‘bond proxies’ due to their steadiness. However, the true strength lies not in the dividends they offer but in the inherent defensive nature of these companies. Utility stocks are considered defensive because they tend to perform […]