Achieve Financial Freedom. Faster.
One of my financial goals this year is to grow my net worth. Come to think of it, growing my net worth has been part of my annual financial goals since day 1. The moment I graduated from college, all I wanted to do was to be able to have enough so that I can … Read more
I have a passion for personal finance. And I enjoy watching NFL football games immensely. It’s great when I can write about both football and personal finance in the same post. There is a reason why I named this blog Sport of Money. I believe personal finance and sports have many things in common. To … Read more
The corner office. What ambitious newly-minted college graduate wouldn’t want to aim for the corner office? I didn’t. That was far from my goal when I graduated from college over 20 years ago. All I wanted to do was work my tail off in my 20s and 30s so that I don’t have to work … Read more
Are you looking to sell stocks that have gone up in value but are afraid of the capital gains tax hit? There are ways to reduce your capital gains tax liability if you plan accordingly. Some approaches even allow you to avoid capital gains tax altogether. Each situation is different and the best approach is … Read more
I work in the financial services industry. I was chatting with some junior associates one day about building a financial nest egg for the future and I mentioned that I have some crypto and NFT investments. This conversation happened in early 2021 before the crypto market crashed this year. One of the junior associates mentioned … Read more
NFL football season is upon us. I am a fan of watching NFL games. It is one of the bright lights heading into the cold, snowy, dreary winter season here in the North East. Why am I mentioning football on a personal finance blog? I believe there are a lot of similarities between sports and … Read more
It is currently a very challenging economic environment. The Federal Reserve Bank has increased the federal funds rate over the past 5 meetings. The market anticipates more fed funds rate increases ahead. This means there will be more pain. The trickle-down impact of rising fed fund rates is that the cost of borrowing becomes more … Read more
It isn’t easy to break into the top 1% of net worth in America. America, after all, is the number #1 economic powerhouse in the world. It might not always feel this way, but we, as Americans, are very lucky to be in America and all the opportunities afforded us here. We won life’s financial … Read more
James Altucher made a light splash a couple of months ago when he published an opinion piece titled “NYC is dead forever.” James is a trader, investor, writer, and entrepreneur who has lived in NYC since 1994. I’m sure there are people out there who agree with James’s assessment of the state of New York … Read more
It shouldn’t surprise anyone that my money beliefs have evolved since I was younger. Many things tend to change as one acquires more experience and accumulates more wisdom. The way I view money isn’t exempted from such changes. Not only have my views about money changed throughout the years, they have also changed because of … Read more