How Does Cost Of Living Compare By Country?

Many people often daydream about living in another country, perhaps on a tropical island or maybe in an idyllic villa in Europe, either to get away from their mundane lives or to retire somewhere more affordable. But how much does it actually cost annually to live in different countries around the world? Methodology To find … Continue reading How Does Cost Of Living Compare By Country?

Why You Should Be Careful About Reference Points When Investing

One of the biggest weak points for an investor is the emotional component to watching your money rise and fall. Most investors underperform the market, and a big reason for that is emotional investing. People tend to buy into the market when it rises for fear of missing out on gains, and then they sell … Continue reading Why You Should Be Careful About Reference Points When Investing

How Average Income Compares By State

Income levels differ across the country, so depending on where you live, it may not make sense to compare yourself to the national average. Instead, it's more helpful to see where you fall compared to other individuals in your state. To facilitate this, I generated geographical heat maps using data compiled by 24/7 Wall St. … Continue reading How Average Income Compares By State

What Does It Mean To Be Financially Independent?

Many of you have likely heard of the FIRE movement, which stands for Financial Independence, Retire Early. However, do you know what financial independence means? I previously published an article about what it means to be financially comfortable, but financially independent takes it a step further. In simple terms, it means that you are no … Continue reading What Does It Mean To Be Financially Independent?

How Much Money Do You Need To Retire?

We spend years saving and growing our nest egg to one day eventually retire, but do you have any idea how much money you'll need to make that dream a reality? Experts toss around various numbers ($1 million, $2 million), but in truth, everyone's situation is different. It can seem overwhelming to make this calculation, … Continue reading How Much Money Do You Need To Retire?

What Are The Best Performing International Stock Markets?

It is very common for investors to own securities mostly or entirely from the country they live in. This is known as home bias. For investors living in the U.S., this has worked out quite well historically, while it may have been less lucrative for those living in other regions. However, the U.S. stock market … Continue reading What Are The Best Performing International Stock Markets?

Top 6 Ways To Use Your Stimulus Check In Order Of Priority

My wife and I recently received our stimulus check. For anyone who doesn't already know, the amount this time is $1,400 for an individual earning up to $75,000 and $2,800 for a married couple earning up to $150,000. You also get $1,400 for each dependent. This was the largest of the stimulus payments we have … Continue reading Top 6 Ways To Use Your Stimulus Check In Order Of Priority

Your Financial Advisor May Be Losing You Money, Study Claims

When I first started investing years ago, I didn't really know what I was doing. I wanted to play around with stocks, but I didn't want to risk losing all my money. For that reason, I decided to place some of my money under management by financial professionals. I figured that the experts would know … Continue reading Your Financial Advisor May Be Losing You Money, Study Claims