I Wouldn’t Buy an Annuity, CD, or Bond When Banks Are Paying This Much
I’m the type of person who likes to get paid to do nothing. This doesn’t mean I’m lazy and don’t work for my money. But I like to put the money I’m not using…
Personal Finance
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I’ve got $7 million saved in my late 30’s – how long will it take to reach $20 million and retire early
A Reddit user with a $7 million net worth is hoping to get to $20 million, but isn’t sure how long it is going to take — and he feels stuck as far as…
Is it worth it to push off retirement to triple my net worth by the time I’m 90?
Retiring can be quite difficult, even for those with more than enough savings, investments, and cash flow streams (think a pension or other passive income-producing assets), to fund a lavish lifestyle without having to…
I’m 28 and work for the city doing permits. I make good money at $72k a year, but feel stuck
No matter what stage of life you’re in, it’s easy to feel “stuck,” like there’s something you’re missing out on. That may be what one young woman was experiencing when she reached out to…
My mother-in-law insists on us taking her on lavish vacations and it’s getting in the way of our financial plans
In-law issues can be a challenge, especially when money is involved. Unfortunately, one Reddit poster is currently experiencing this first-hand. The original poster (OP) is coping with some pretty big problems with her mother-in-law…
‘Where can I go to make rich friends? Being around my poor friends is keeping me poor.’
The company we keep has the potential to impact our financial situations. If you tend to spend time around people who are big spenders, you may be more likely to whittle down your paycheck…
I’m in my 40s with two kids and a $9 million net worth – I don’t enjoy working for my new CEO but am afraid to leave my job
A Reddit user sold his company recently and is now uncertain of what to do next. He’s 45, while his wife is 41. They have two children and live in an expensive area. His…
I’m in my early 50s with a net worth of $8m and 65% of my money is in one single stock
It’s not easy to sell your winners, especially if it’s responsible for a vast chunk of your portfolio’s overall gains. Indeed, buying with the intention of holding for the extremely long haul can be…
I’m in my 30s and want to retire early with a nest egg of $10 million – is that enough to live my dream?
A lot of people aim to retire at an earlier age than usual. But retiring in your 30s is a tough thing to pull off — namely, because it takes a lot of…
Dave Ramsey Talks About Getting Out Of Debt, But You Can Go One Step Further And Make Your Money Work For You
The overhang of debt is one of the greatest obstacles to building genuine wealth. This is a sentiment espoused vociferously by podcast financial hosts Dave Ramsey, Suze Orman, Ramit Sethi and others. There are…
I’m afraid I’ve raised 3 spoiled brats that are used to cars, theatres, game room, and chefs and now won’t enjoy college
As parents, it’s natural to want to give our children everything. And I’d be lying if I said I was good at saying no to my kids. Often, I’ll say yes to things…
We’re in our mid-30’s were making over $1 million annually but my partner just lost her job
A Reddit user with a big income — but with big spending needs — turned to the Internet to ask what to do when his partner lost her job The original poster (OP) explained…
I’m 66 and retiring soon – should I take my pension as a $520k lump sum or $3,000 monthly payment for life?
When one approaches retirement, a lot of big financial decisions need to be made. And, of course, one needs to be informed enough to make the right move that will set the tone for…
I’ve been told all my life watches are a terrible investment but my friends have $2 million of their net worth in just watches
It’s not hard to imagine why many affluent folks are looking to watches as a means to store their wealth while showing off. In this piece, we’ll look at the case of an individual…
Elon Musk Drops Bombshell on Social Security: ‘Magnitude of Fraud is Staggering’
Since President Donald Trump took office and appointed Elon Musk to head up the Department of Government Efficiency (DOGE), Musk and his team have been hard at work rooting out “fraud” and “abuse” throughout…