125 | The Family Emergency Binder

125 | The Family Emergency Binder | Chelsea Brennan

Today Chelsea Brennan from Smart Money Mamas and creator of the Family Emergency Binder is here to talk about her unconventional choices that led to a happier life. How Chelsea Became A Hedge Fund Manager As a hedge fund manager, Chelsea worked her way into a $450,000 per year salary and managed $1.4 billion for a hedge fund. If your goal is to increase the income side of the equation … Read more

How To Use Your HSA To Provide Income In Retirement

How To Use Your HSA To Provide Income In Retirement

Utilizing an HSA (Health Savings Account) is a smart strategy to add to your overall nest egg. If that made your head spin while also totally exciting you, read on. We will discuss Health Savings Accounts to get you familiar with these FI-friendly accounts, and how to best utilize this type of account to help you generate some tax-free income once you’ve reached FI. A Primer On HSAs In order … Read more

How To Open Accounts With Vanguard, Fidelity, And Schwab

How To Open Accounts With Vanguard, Fidelity, And Schwab

Most everyone has heard of Vanguard, Fidelity, and Charles Schwab. After all, they are the three top investment management firms in the U.S. Since they are three of the best in their field, it may be hard to decide which will work best for you. Well today, I’ll talk about the differences between the three and show you step-by-step how to sign-up for an account with each. That should help … Read more

Where Should You Invest? How To Determine And Implement Your Asset Allocation

Where Should You Invest? How To Determine And Implement Your Asset Allocation

When investing in a portfolio, there only a handful of things that you can control that will influence returns. They are: Asset allocation (stocks versus bonds) Security selection (which stocks or bonds) Market timing (buy now or later) Significant research has been done on these factors. By and large, security selection and market timing are not likely to result in outperformance. As security selection and market timing are most often … Read more

When 2% Costs Everything: How Investment Fees Cost You Your Freedom

When 2% Costs Everything: How Investment Fees Cost You Your Freedom

One of the greatest appeals for having a financial advisor is the comfort we feel in having an “expert” do our investing for us. We fear that we don’t know what we’re doing with our own money. Most of us didn’t go to school for finance and we figure that a seasoned professional knows how to invest our money better than we do. They must have years of experience, training, … Read more

122R | Learn More About Dividend Investing

122R | Dividend Deep Dive

Brad and Jonathan are joined by Brian Feroldi and Karsten from Early Retirement Now. With the goal of gaining a deeper understanding of dividend investing, Brad and Jonathan ask the hard questions. As the devil’s advocate, they uncover more information about dividend stocks from passionate investors. If you are ready to learn more about dividend investing, then let’s dive in. What Is A Dividend? The first thing we need to … Read more

The Advantages Of The Individual Investor: Why You Can Beat Professional Money Managers

The Advantages Of The Individual Investor: Why You Can Beat Professional Money Managers

Many folks believe it’s difficult–or completely impossible–to beat the market without help from a professional. Well, if you tuned into episode 75 of the Choose FI podcast, you’d know that’s completely wrong. Brian Feroldi–a writer at Motley Fool–posits that individual investors can far surpass professional money managers. If you have the know-how, being an individual investor is far more advantageous than using a professional. Here are the advantages of being … Read more

122 | Intro To Dividend Investing

Intro To Dividend Investing

Dividend investing has been a hotly debated topic in the FI community. Brad and Jonathan dive into the details of dividend investing with Craig from Retire Before Dad. Craig’s Story Craig’s interest in the stock market started back when he was just eight years old. Back then, he would follow mutual funds in the paper. That interest led him to initially pursue a degree in finance with the intention of … Read more

Asset Allocation When You Plan To Retire Early

Asset Allocation When You Plan To Retire Early

Asset allocation is fundamental to successful investing. We can think of it as being an essential part of Investing 101. But is asset allocation different for the retire early crowd? Absolutely. The retire early crowd has two primary objectives that the traditional retirement crowd doesn’t: Accumulate a large retirement portfolio as quickly as possible, and make it last for many decades. That’s what we’re going to discuss in this article, … Read more