Baby Boomers On Social Security Have Just Days To Pay Attention To This
We’re reaching a point during the year when it’s (sadly) time to say goodbye to summer and gear up for fall. For older Americans, this is a very crucial time of the year.…
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My wife asked for a divorce one day before our retirement — in our 30s, with more money than I ever dreamed
It must be such a great feeling to reach a stage in your life where you feel like you’ve saved up more than you ever expected you would. Indeed, smashing past your own financial…
Should I Invest $500,000 in QQQI and SPYI for the Next 40 Years?
The magnitude of enthusiasm surrounding higher-yielding covered call (premium income) ETFs has been strong among the retail crowd. And while the yields are above and beyond what you’d come to expect from an ETF…
I’m Selling My New Car Before Moving to NYC – Here’s How I Plan to Handle It
In a number of my prior pieces, I highlighted the real costs of vehicle ownership and how many may be at risk of underestimating the true costs (think the phantom costs that go well…
Percentage Pulling: Is the 4% Rule Now the 8% Rule for Retirees?
Retirement planning is a field that’s ever-evolving. Advice can change from decade to decade, and largely depends on a variety of factors the market dictates over time. One of the more important pieces of…
I Make $150,000 in Southern California But It Feel Like I’m Drowning Financially
It should go without saying that no matter how much money you make, it’s perfectly reasonable to feel stressed out about finances these days. This is especially true if you feel like you make…
I’m Approved for a Car Loan – How Should I Negotiate at the Dealership?
One of the most challenging things anyone can do is buy a car, which is arguably the most stressful purchase you can make, second only to purchasing a home. Between negotiating at different car…
Should I Trade In My $67,000 Jeep Wrangler for a $15,000 Infiniti and Eliminate Payments?
Everyone knows (or hopefully knows) that as soon as you buy a car and drive it off the lot, you’ve already lost a certain value of the vehicle. It’s a frustrating but true reality…
Should I Start Taking Social Security Now at 67 After Losing My Job?
The loss of a job later in life can be a tough blow. It’s never an easy thing to suddenly find yourself without an income. However, if you lose your job when you’re in…
With $1m in Retirement Accounts, Should I Pay Off The 2.75% Mortgage or Invest The Cash?
Trying to decide how to handle a large mortgage, whether through a balance or high interest rate, is something far too many people are trying to decide right now. As a home is generally…
Should I buy a $75,000 Tundra with my $100,000 salary and $60,000 in savings?
Just because you make a six-figure annual income doesn’t mean you should blow it. Indeed, we’ve heard countless stories about high-earning folks who still manage to live paycheck to paycheck. Lifestyle creep, big splurges…
Why Are People Still Buying MSTY While It Goes Down Like the Titanic?
In 2022, YieldMax pioneered and premiered its first of a menu of single stock covered call ETFs: an ETF tracking Tesla, ticker: TSLY. Soon, a number of others followed, including the rest of the…
I’m Concerned About Yieldmax; Are We Just Financial Junkies Chasing Quick Fixes?
Although not the sole issuer of high dividend, covered call ETFs, YieldMax’s name has certainly become the one most associated with this niche, but expanding, ETF sector. With dividends in the double digits paying…
With $90,460 in Debt, What Is The Realistic Path Out?
No matter how you cut it, debt is a very real part of our world, as much as we try to live on a budget. According to a recent CNBC study, the average American…
My ULTY Strategy Is Working, Time to Buy More Despite Market Drops
The YieldMax Ultra Option Income Strategy ETF (NYSEARCA: ULTY) has polarized many DIY investors who have bought it for dividend income since its launch in February, 2024 at $20.00. The YieldMax success formula with…