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Blogger Profile


Shaun

Blog Info

Name:
Road To A Tesla
Category:
General Finance
Tags:
Budgeting, Investing
Start Year:
2014

Blogger Bio

Net worth:
Location:
Chandler, Arizona, United States
Age:
40s
Race:
White
Gender:
Male
Life stage:
DIK (Dual Income, Kids)
Profession:
IT / Database Administrator
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Latest Blog Posts

Today I'd like to present an interview with a friend I met while in college. He retired at the age of 43 and has a net worth of over one million dollars and he did this just by working as a salaried employee for a large corporation. No (successful) business start ups, no side hustles. Just a W2 paycheck.Although the emphasis of this blog is not really FIRE (Financial Independence, ...
Posted: Feb 21 2018 @ 10:00 AM
At the end of each month, I post an update of my goals, including a brief discussion of any notable events that might have occurred during the month. The latest month's figures can always be found under the Featured menu in the menu bar at the top of the blog.Last updated: End of January, 2018Current value: $40,272 Change from last Month: +893Percent of Goal:  37.03%Note that ...
Posted: Feb 07 2018 @ 10:00 AM
Vanguard is known for providing low-cost index funds whose returns are just about impossible to consistently beat and savvy investors are beginning to plow money into their funds in greater and greater amounts. Their combination of rock bottom expense ratios and hands-off, non-active stock trading investing methodology makes them incredibly attractive. I hope this means that people are beginning to take notice of what those of us in the personal ...
Posted: Jan 31 2018 @ 3:00 PM
Roth IRAs and Roth 401(k)s are some pretty powerful tools for retirement planning. They allow you to invest post-tax money now and withdraw both your contributions and their earning tax-free when you retire. These plans are especially great for young people who, presumably, have a long time until they retire because they can have years of tax-free earnings growth.I participated in a company Roth 401(k) at the last couple of ...
Posted: Jan 17 2018 @ 3:00 PM
Ten years ago, Warren Buffett bet hedge-fund manager Ted Seides that an investment in a passive index fund would outperform a handful of hedge funds over a 10 year period. The bet was for one million dollars, which would go to the charity of the winner's choice.That bet has now officially ended and, no surprise, Buffett won. His index fund of choice, the Vanguard S&P 500 Index Fund Admiral Shares ...
Posted: Jan 10 2018 @ 3:00 PM
At the end of each month, I post an update of my goals, including a brief discussion of any notable events that might have occurred during the month. The latest month's figures can always be found under the Featured menu in the menu bar at the top of the blog.Last updated: End of December, 2017Current value: $39,379 Change from last Month: +1,829Percent of Goal:  36.21%Note that ...
Posted: Jan 03 2018 @ 3:00 PM
The start of a new year brings with it many things and I’m not just talking about a bunch of resolutions you will break before February first rolls around. I’m talking about important stuff - stuff that will alter your paycheck.Your Paycheck Is Going To ChangeNew tax rates go into effect at the first of the year, so you’ll likely notice the amount you have withheld in taxes changes. You ...
Posted: Dec 27 2017 @ 3:00 PM
Back in August, I wrote about making passive income by selling cash backed naked puts. If you haven't read that post, I suggest you first go back and do that now. After four months of doing this, I thought I'd post about how it's going so far.I made four trades total, each time selling 5 or 6 contracts with an expiration date three to four weeks out. Details of three ...
Posted: Dec 20 2017 @ 3:00 PM
Back in July, I wrote about how some people are putting their retirement savings into cryptocurrencies like Bitcoin or Ethereum. This is incredibly risky and stupid. However, if you have some extra money you can afford to lose, gambling money, if you will, it might be fun to experiment with cryptocurrencies. As I mentioned in that post, that is what I did.My Experience With CryptocurrenciesI initially purchased $200 worth of ...
Posted: Dec 13 2017 @ 3:00 PM
At the end of each month, I post an update of my goals, including a brief discussion of any notable events that might have occurred during the month. The latest month's figures can always be found under the Featured menu in the menu bar at the top of the blog.Last updated: End of November, 2017Current value: $37,550 Change from last Month: +1,385Percent of Goal:  34.53%Note that ...
Posted: Dec 06 2017 @ 3:00 PM

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