Personal Lessons Learned Since The 2008 – 2009 Global Financial Crisis

91 Comments / Investments / By

With the Fed finally embarking on a multi-year rate cut cycle, concerns for another recession or even another global financial crisis is growing. We’ve got tariff uncertainty, geopolitical risk, a slowdown in the labor market, and stock market valuations near all-time highs. I would not be surprised if another recession comes that leads to stagnation. […]

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Conduct A Regret Minimization Exercise To Help You Move Forward

34 Comments / Career & Employment, Entrepreneurship, Family Finances, Investments, Motivation / By

One of the main reasons why I wrote my WSJ bestseller, Buy This, Not That was to help readers feel less regret by making wiser choices. Regret is one of the worst feelings, especially if it is a type of regret that could have been prevented through knowledge. The easiest way to stop saying, “If

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Why Market Timing Real Estate Is Easier Than Timing Stocks

13 Comments / Investments, Real Estate / By

Market timing is the strategy of making buying or selling decisions of financial assets by attempting to predict future market price movements. By timing the market, the hope is to make an eventual profitable decision. Market timing gets a bad rap partially because it’s difficult to do consistently to profit. Active fund managers consistently underperform

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The Negatives Of Early Retirement Life Nobody Likes Talking About

197 Comments / Retirement / By

Early retirement sounds great and it is great for the most part. I helped kickstart the modern-day FIRE movement in 2009, when I started Financial Tips. But there are negatives of early retirement life that also needs to be discussed. After writing about my plans to FIRE for two years and eight months, I finally

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How To Be More Creative: Advice From A Writer, Artist, And Pianist

13 Comments / Motivation / By

Not only are we born with creativity, but we also have the power to become more creative with effort. The more creative you are the happier you will likely be. There is a tremendous amount of fulfillment when you create something from nothing. Being more creative could make you more money as well. It takes

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Overcoming The Trough Of Sorrow: Defeating An Emptiness Inside

50 Comments / Entrepreneurship, Family Finances, Motivation / By

Here in the San Francisco tech startup scene, we have a term called “the trough of sorrow.” The trough of sorrow refers to the sadness that comes after a setback or a big win. After a setback, you’re tasked with finding product-market fit to survive given your company has a limited runway of cash. You

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Understand How Rich Central Bankers Think So You Can Outperform

37 Comments / Big Government, Investments / By

You might be wondering why rich central bankers remain unrelenting in their desire to raise interest rates. After all, there are plenty of signs individual components of inflation are rolling over. Given each interest rate hike takes at least six months to have an affect on slowing the economy, the Federal Reserve could easily over

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