Welcome to our August 2021 Passive Income report. This is where I track our investment income from dividend stocks, index funds and exchange-traded funds (ETFs). We earned over $1,177 in passive income from investments and online sources in August! Our long term goal is to … [Read more...] about August 2021 Passive Income $1,177
The Problem with the Wealth Effect
What is the Problem with the Wealth Effect? Anyone reading financial media may have encountered the term "wealth effect." In this post I examine this term - what it means, why central banks are fostering it and why it's very dangerous for aspiring millionaires and the FIRE … [Read more...] about The Problem with the Wealth Effect
September 2021 Net Worth $1,587,003
Hey Everyone and welcome to the September 2021 net worth update. We are at the $1.587 million mark! August was another great month for the net worth and we're up 0.87% or $14k! It's a decent amount considering our conservative financial strategy this year. Our net worth is the … [Read more...] about September 2021 Net Worth $1,587,003
July 2021 Passive Income $1,956
Welcome to our July 2021 Passive Income report. This is where I track our investment income from dividend stocks, index funds and exchange-traded funds (ETFs). We earned over $1950 in passive income from investments and online sources in July! Our long term goal is to one … [Read more...] about July 2021 Passive Income $1,956
August 2021 Net Worth $1,573,329
Hey Everyone and welcome to the August 2021 net worth update. We are at the $1.573 million mark! July was another great month for the net worth and we're up 1% or $16k! It's a decent amount considering our conservative financial strategy this year. Our net worth is the highest … [Read more...] about August 2021 Net Worth $1,573,329