Tag: investing
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How to get rich, the lessons behind Netflix’s new hit show
AJ and I were chatting the other day when we realized that both of us are currently watching Netflix’s ‘How to Get Rich‘ with our spouses. This hot new show, hosted by Ramit Sethi, follows the path of six individuals/couples as they struggle with bad (mostly) financial habits in their quest to get rich. There’sRead…
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Debunking Cringy TikTok Financial Math
Debunking Cringy TikTok Financial Math. TikTok has some pretty cringy financial advice, but this terrible math may take the cake. These TikTokers, often people trying to sell terrible financial products, use this terrible math to explain how the markets aren’t as good as investors and Wall Street may claim.
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Whole Life is NOT a Good Financial Vehicle | Reaction Life180
Whole Life is often presented as a financial vehicle but the more we review, the more we can’t see how this fits into ANY financial plan. It’s expensive, produces terrible gains, but most importantly, it has an astronomical opportunity cost. Not to mention, everything that’s done in a whole life plan can be done by…
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Pay off mortgage vs. investing; which will make you rich?
This is a question we see posted all the time, and honestly, it seems like people are more divided on this issue than they are politics (so much so that Dave Ramsey even has a calculator to convince you!). Today, we plan on ending the mortgage vs. investing debate once and for all. AJ hasRead…
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Dave Ramsey Gets Risk Wildly WRONG and No Debt is His Only Answer
Dave Ramsey Gets Risk Wildly Wrong. When all you have is a hammer, everything starts to look like a nail. When Dave Ramsey sees risk, his only solution is to be debt free. But what’s worse is that he totally gets risk wrong. He argues that risk = debt and debt = risk.
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Doug Andrew Exposed! The Great Lies of Index Universal Life (IUL)
Doug Andrew Exposed! The Great Lies of Index Universal Life (IUL). Doug Andrew has made it his mission to sell IUL as the perfect investment vehicle, but he has yet to prove his claims! Is Doug Andrew lying or does he legitimately believe his own sales materials?
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Saving money isn’t enough, you have to invest it!
Recently, AJ came across a TikTok video where a woman was explaining this in depth. In essence, investing is a 2-step process. Without the second step, you might as well stash the money under the good ole sleep number mattress. Either way, make sure you’re not just saving, but INVESTING! Accounts you can invest inRead…