Practical Ways to Create Passive Income

Passive income is one of the most popular topics in personal finance. And for good reason! There is nothing more appealing than having monthly income show up in your bank account after doing zero work. However, getting to this point is not always a simple task. The first thing to understand is that building passiveContinue reading “Practical Ways to Create Passive Income”

Here’s Where the Next Bubble May Be

Increasingly, there are articles all over the news about how the next bubble is near. I have been investing and reading financial news for almost ten years now and I promise you it has always been this way. And you know what? Not a single person was writing about COVID 19 before March. That’s howContinue reading “Here’s Where the Next Bubble May Be”

Here’s How Much Your TSP Will be Worth

Quick Story A person similar to one of your high school friends enlists at 18. He plans on doing one enlistment in the military and then getting out. While at boot camp, someone convinces him he should contribute to a Roth TSP.  The details are tough to understand, but after graduation, he logs onto hisContinue reading “Here’s How Much Your TSP Will be Worth”

What Are Stock Options?

Okay, so everyone is talking about GameStop, AMC and Robinhood. But how many of us truly understand what is going on? In times like these, investments like options come up and may seem tempting. After all, it seems like everyone else is making money with these things so why shouldn’t you? Options are something thatContinue reading “What Are Stock Options?”

How to Invest Your Extra Money

TLDR Summary at End Okay, so maybe you’ve come back from deployment or been stuck at the house because of COVID and you’ve been able to save a nice chunk of change. It’s sitting in your bank account, (maybe a high yield one like Marcus or Ally). You know that you want to grow itContinue reading “How to Invest Your Extra Money”

Here’s How You Should Be Using Your TSP

Just Do These Things The TSP is one of the biggest hookups the military is giving you financially. What blows my mind is how a lot of people still don’t take advantage of it. Ignorance is bliss being broke I guess. The cool thing about the TSP is you don’t need to actually give aContinue reading “Here’s How You Should Be Using Your TSP”

How I lost $7000 Investing With Margin

I have made tons of stupid investment mistakes in my life. Afterwards, I picked myself up, dusted myself off, learned from my mistakes and continued to invest regularly. Even though I learned valuable lessons, I shudder to think how much more my net worth could have been today if I had not gotten greedy. BeforeContinue reading “How I lost $7000 Investing With Margin”