For the past few years, I’ve been actively following and participating in the Financial Independence Retire Early (FIRE) community very closely. I’ve also started my journey towards achieving Financial Independence (FI). As for the Retire Early (RE) part, it’s an option as I have the ability to choose what I want to do with Read More …
Category: Financial Literacy
Blog topics that are related to basic personal finance concepts that every average person should know.
5 Of The Worst Investment Mistakes That You Need To Avoid
We’ve all made mistakes in our lives from time to time. Some mistakes are minor and are easily recovered from, while others are more difficult. Some mistakes are just plain silly and we can look back someday and laugh at ourselves. I’ve made my fair share of mistakes, like the $263K investment mistakes Read More …
How To Reduce Investment Risks With A Ladder Bond Strategy
When it comes to my investment portfolio, I have a pretty aggressive approach. Most of my investments are invested in either stocks or ETFs. I haven’t put a lot of consideration into investment risk management and portfolio stabilization at all. I am not sure if it’s my high-risk tolerance or the low-interest rates for Read More …
The Personal Finance Boot Camp That Gets You Results
ATTENTION! Welcome to the iSaved5K personal finance boot camp. My name is sergeant Leo T. Ly. It’s pronounced like “Lee” and I expect you to get my name right. When I look at each and every one of you, I can predict that there are only one of two reasons why you’re here. You Read More …
Are Your Finances Better Than The Average Canadian’s Finance?
A couple of weeks ago, I had a guys’ day out with my buddies. We haven’t been able to hang out as much as we’d like in recent years. Most of us were busy with a young family. It was just the four of us. No wives and no kids. It was like the good Read More …
How To Hire The Right Financial Advisor
A while ago, I penned a post to encourage my readers to take charge of their finances and to manage their own investments. One of the main reasons for writing that post was to encourage my readers to be financially literate. The second reason was to arm them with financial knowledge to help them Read More …
12 Personal Finance Questions That Everyone Should Know
I am a personal finance blogger, a money geek, an investor, a property manager, a diligent saver, an early retiree wannabe or whatever money related personality that I classify myself as it doesn’t really matter. It doesn’t affect my view about money and how I manage it. I think about money on a daily Read More …
Basic Investment Concepts
The first two of my personal finance series posts covered the basic and everyday personal finance concepts. They were meant to get readers to start thinking about and changing their money habits. By mastering those money concepts, they will have built a solid foundation and discipline to save their money. The next step is Read More …
Everyday Personal Finance Concepts
Last week, I started penning the first post of my personal finance concept series to help motivated individuals to understand the basic personal finance concepts. That post was mainly targeted at individuals that want to get their feet wet and to start learning how to manage their money responsibly. For this post, I am Read More …
Basic Personal Finance Concepts
A couple of weeks ago, one of my readers mentioned that he/she had read most of my posts (50 and counting) and asked if I would consider writing some basic personal finance concepts posts. After reading that comment, something struck me right in the face and made me realized that I had made a Read More …