Blogger Profile

Richard Melikian

Blog Info

Valkyrie Finance
Early Retirement
Millionaire, Rich, Frugal, Budgeting, Finance, Investing
Start Year:

Blogger Bio

Net worth:
Houston, Texas, United States
Life stage:
SINK (Single Income, No Kids)
Fave $ Books:
Oops! We don't have this blogger's faves, yet. If this is your blog, fill out our poll here!
Fave $ Apps:
Oops! We don't have this blogger's faves, yet. If this is your blog, fill out our poll here!

(Is this your profile page? Update your info here. To update your icon, go to gravatar.com.)

Latest Blog Posts

One thing that really bothers me about investing in funds is I always feel like some hotshot in a New York high-rise is trying to skim some percentage of my capital to 'manage it'. The average human managed fund fleeces you at least 1-3% of your capital and often requires a very high minimum entry requirement. Through some complicated assortment of fees or commission, I usually get confused and discouraged reading halfway through ...
Posted: Sep 04 2017 @ 5:04 PM
To counter my fear of spending, I recently, bravely, exploded my monthly spending rate from $2500/mo to over $5000/mo, but I still somehow had a personal record month for cash flow (not including unusual spike of annual bonus). My net worth increased $40,000 over the last 30 days. How was this achieved?  Well for one, its clearly an exceptional bull market, I earned approximately ~$20k for large investments in Netflix (sold yesterday at 182) ...
Posted: Aug 02 2017 @ 4:04 PM
Ever since I turned 30, I've thought more and more about my mortality. I'm still a fairly young, guy with no children, so even though I have hopes for a family of my own in the future, there are no guarantees. My mind sometimes wanders. I think about the lifestyle I could enjoy if I just completely went off the deep end and cut loose. And I mean straight up say "fuck it". ...
Posted: Jun 25 2017 @ 3:20 PM
An older friend, lets call him John, that does contract work for my company came into my office, sat down across from my desk... and let out a deep sigh. I could tell he had a lot on his mind so I minimized Youtube and asked him "What was wrong!?". Usually its some legal or commercial issue with a project subcontractor, but I was surprised when he replied he was about to ...
Posted: Jun 08 2017 @ 11:49 PM
I grew up playing popular fantasy games like Magic the Gathering, Everquest, and World of Warcraft, role-playing powerful wizards, warriors, and warlocks who were able to perform impressive magical feats of conjuration or destruction at the expense of their Mana. Mana is a word used to measure the power, effectiveness, or prestige of a spell caster to use spells and special abilities. When a caster runs out of Mana, they are generally unable ...
Posted: Apr 11 2017 @ 1:38 PM
My parents had very different backgrounds, my dad was raised Christian and my mom, Muslim. For anyone that doesn't know, these are two religions that just don't commonly mesh very well. When they did meet though, they agreed they loved each other more than their religions, and have been happily married for almost 30 years now.  So I hope readers will understand Christian traditions are about as foreign to me, as a Pagans and desire to ...
Posted: Dec 16 2016 @ 5:26 AM
The Federal Reserve is responsible for influencing our monetary policy, by setting the direction of interest rates. When the Fed sets interest rates are low, capital from the bank is easier to acquire because there is less of a penalty, and banks are more liberal with lending large amounts of money for cars, houses, small business loans, etc. When people have more access to money, they are more likely to spend it, and 'stimulate' ...
Posted: Dec 15 2016 @ 3:08 AM
Your future self will not be impressed with the material purchases and luxury services of today.  I remember one of the very first financial lessons I learned around the age of 15, was when I passed my drivers exam and qualified to finally drive! A lot of the older guys at my school drove expensive, fast cars and big trucks, and after class, the girls would love to get rides with them to ...
Posted: Dec 14 2016 @ 12:27 AM
Its getting to be that time, when Santa checks his list twice, and determines who was naughty or nice this year. Well I decided to check a list of my own tonight, a list of my expenses over the last 6 months. According to this data, have I been naughty or nice? I was pleased to see my highest spend category was 'Gifts' (for others) in excess of ~$3000. These went to ...
Posted: Nov 29 2016 @ 12:57 AM
The #1 best investing advice I would recommend is investing the full, tax shielded amount of $18k/yr into a 401k. I've interviewed hundreds of people of all ages and salary ranges, and the majority of you neglect or do not understand the importance of a 401k, so I'll try to explain: A 401k is a retirement plan sponsored by an employer, that allows an employee to save and invest pre-taxed income in ...
Posted: Nov 09 2016 @ 10:10 PM


"This is one of the best, most informative personal finance web sites I've ever seen"

-- Daffy Duck, DaffyIsSoTaffy.com

"This guy clearly knows his shit; with every post, I feel like he's got my back as one of those "savers", and his web site is pretty damn cool, too"

-- Scuba Steve, MyScubaGearIsSoWet.com

Leave a Comment

To leave a comment about this blog, fill out the following form.