Should you pay rent if you live with your parents?

Your goal should be to move out as soon as possible. Even if this means a drastic change in lifestyle and standard of living. I think parents should wean their children off of financial support. Cutting them off completely can often lead to resentment and larger issues. I would suggest by starting to have the … Continue reading Should you pay rent if you live with your parents?

What would you do if you had to invest all your money in one place?

If you are like most people and want an easy low cost way to invest that is totally passive, VOO and others index funds like it are a great strategy. Over the past several decades there have been very few fund managers that have consistently beat the market. Managed funds likely won’t perform any better … Continue reading What would you do if you had to invest all your money in one place?

What will be the effect of Income Equality on the economy?

Gender inequality has many effects on the economy, some good, some bad, depending on what position you are in. Some of the biggest effects are below. This isn’t intentioned to be pro or con on any of these results, just facts about how changes have and will affect the economy, as women start to earn … Continue reading What will be the effect of Income Equality on the economy?

What about the wealthy people do we rarely talk about?

That they have problems. Nobody likes to hear rich people complain so most of the time they keep their problems to themselves. Ever hear a professional athlete or celebrity complain about something? It sound pretty pathetic. When you are wealthy, people assume that your life is perfect. Most of what people worry about is money … Continue reading What about the wealthy people do we rarely talk about?