What do you do with extra cash flow after you have a basic level of financial security in place? You have an emergency fund, no high-interest debt, and you’re on track to retire at a normal age. A common desire is to live mortgage-free, so you might consider making extra
I work with a lot of mid-career professionals. One trend I’ve noticed is a common desire to create freedom and flexibility with their money today. They want to go beyond simply saving for a retirement decades in the future. Semi-retiring, or the “work-optional” life, is much more appealing. They want to
It’s open enrollment season, which means it’s a good time to talk about the Health Savings Account (HSA). HSAs are the most overlooked and underutilized investment vehicle there is. What is an HSA? An HSA is a tax-deferred savings vehicle for health expenses. It is triple-tax advantaged, which means: Your
The emergence of Robinhood and zero-commission trading has led a lot of younger investors to speculate on the next big thing, bringing back memories of the tech bubble in the late 90’s. We now have meme-stocks, cryptocurrency, and NFTs, all vehicles that feed our desire to get rich quick. There
You may have heard the traditional financial advice: keep 3-6 months of living expenses stowed away in cash, uninvested, for a rainy day. This is conventional wisdom, and I have given the same advice to clients many times. This strategy makes sense for many people. If the emergency fund is
