IntenseDebate - mustardseedmoney

7 years ago @ Moneywatch101 - 6 Creative Ways to Sav... · 0 replies · +1 points

I was actually talking to my boss about the 25x annual expenses rule. He looked at me like I had three heads as he had never heard of that before. When we walked through it he understood the mechanics but I could tell he was pretty skeptical about it. I'm sure it'll be a matter of time before he converts :)

8 years ago @ Moneywatch101 - How to Stop Financial ... · 1 reply · +1 points

I think the first step for me is being honest of what I really want in life. I need to make sure that I keep myself happy and spending money on things that I don't care about what others think. Peer pressure is tough when you're young. Especially in your 20s. I definitely wish I didn't try to keep up with some of my friends in certain areas. I would have saved a thousands :)

8 years ago @ Moneywatch101 - Wearing Yeezy Sneakers... · 1 reply · +1 points

I have to admit that I don't know as much about the sneaker market as I should. I have been reading up on though and read the other day that the Nike resell market is higher than the #2 sneaker brand, sketchers, which floored me. I do wonder if there will be a flood of "investors" which will put sneakers out of reach or worse a bubble in the market in years to come like baseball cards. But I guess we'll see.

8 years ago @ Moneywatch101 - What is the Secret to ... · 1 reply · +1 points

I definitely agree with you. I am a big fan of dividend paying stocks and indexes. I especially love compounding interest :)

While I would love to become rich overnight, I think the slow and steady pace will eventually get me to where I want to be. I even look back to the beginning of this year and I see that my overall net worth excluding home is up 25% this year so sometimes it sneaks up on you.
My recent post Are Messy People Better With Money?

8 years ago @ Moneywatch101 - 3 Tips For Conservativ... · 1 reply · +1 points

I think the best thing that I did was doing dollar cost averaging with passive index funds in Vanguard. It took out the guess work and I stopped worrying about the market. If the market was down I reasoned I'm buying cheaper shares and when it was up I thought great my investments are worth more. Other than that though I hardly check my investment balance. I normally check once a month to make sure nothing went awry but other than that I couldn't tell you if the market was up or down on a given day.
My recent post Taking Charge of Your Finances and Cash

8 years ago @ Moneywatch101 - Boring Investing is th... · 1 reply · +1 points

My father in law received shares of stock in UNH probably two decades ago. He honestly forgot about it until I started to receive dividend checks each quarter. After doing some digging we figured it all out and had the shares moved over into his account. It turns out that UNH is one of the best performing stocks of the last 25 years and he had no idea that he even owned it. Amazing how things like that happen!!!
My recent post Democrat vs. Republican: Stock Market Edition

8 years ago @ Moneywatch101 - Personal Finance Myths... · 1 reply · +1 points

I had an old roommate that use to tell me that he could save for retirement like his dad later in life. His dad is in his 70s still working with no end in sight. I feel bad with the financial wisdom my friend received because it's clear that he will probably be following in his father's footsteps.
My recent post The Dream: House with a Pool

IntenseDebate Comment System

Connect with mustardseedmoney

People I'm following

mustardseedmoney