Unrefined Financial Independence information for the unawakened Entrepreneur, Self-Employed, and Freelancer, deep inside you.
4 Mar 2020 1 minute read 1 comment moneyredpill
Dollar cost averaging - Also known as “DCA,” is a simple and oftentimes passive investing strategy in which a fixed amount of money is invested at recurring intervals over a long period of time, regardless of share price. This is a passive strate...
2 Mar 2020 1 minute read 0 comments moneyredpill
A custodian is a bank or financial institution that takes possession of and holds a fund or customer's assets, electronic or physical. This is usually a reputable entity that guarantees and even insures safekeeping of the securities. In additio...
21 Feb 2020 1 minute read 0 comments moneyredpill
Following our last post on the benefits of certain types of music to enhance focus and productivity, we thought we’d get a little more specific and share some of our personal favorite playlists and mixes to which we hammer out these very posts. Feel...
21 Feb 2020 1 minute read 2 comments moneyredpill
For anyone looking for a productivity boost or a natural focus-enhancement, music can help one get more done and stay more focused while in the process. Is it any wonder why so many financial markets traders, creative artists, designers, computer pro...
18 Feb 2020 6 minute read 0 comments moneyredpill
What kind of quality of life is ‘work like a dog during your best years, so you can race to reach X-dollar retirement target, and hopefully not have to work when you’re old, tired, and sick’? Rather than slowly chipping away at a mountainous net...
17 Feb 2020 2 minute read 0 comments moneyredpill
One of the safest, most effective investing-based retirement strategies is investing a large sum of money in index funds. How large? Absolute minimum size would be $500k, but ideally $1M. Such funds are allocated to an index fund (S&P 500 is the de f...
15 Feb 2020 3 minute read 0 comments moneyredpill
Frugality has become a popular SEO buzzword in recent years, and for good reason. Financial discipline is critically important to preparing for your future and maintaining a sustainable lifestyle, while still enjoying life. The old saying goes, “spen...
12 Feb 2020 1 minute read 0 comments moneyredpill
Capital gains is the net difference between the purchase price of a security and the price at which it is sold. This applies in trading and investing markets when an individual closes a position (sells a security) and the net difference is positive (...
11 Feb 2020 3 minute read 0 comments moneyredpill
One of the most common penultimate goals in life for most is to enjoy a comfortable retirement. This is generally ascertained by working during one’s primary adulthood to achieve moderate financial independence by a median target age of ~65. Being ab...
10 Feb 2020 1 minute read 0 comments moneyredpill
Gone are the days of loyally devoting 40 years working for a single company. Enter the present, where one works for a company for 2-3 years, give or take, then leverages that title, experience, or salary, and leaps to a new, better job at a different...
