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Blog Info

Name:
Financially Possible
Category:
Investing
Tags:
Investing, Early Retirement/FIRE
Start Year:
2016

Blogger Bio

Net worth:
Location:
California, United States
Age:
30s
Race:
White
Gender:
Male
Life stage:
DIK (Dual Income, Kids)
Profession:
IT / Software
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Latest Blog Posts

The second and third quarters in 2017 were very busy in my household. We traveled to D.C. and Philadelphia, explored and started a couple new business adventures, completed a real estate transaction and volunteered our time at various community organizations. I completed my training to volunteer for FLCCT (Financial Literacy Coalition of Central Texas). We read some great books, many which were recommended by friends and mentors (open to your recommendations ...
Posted: Sep 18 2017 @ 9:02 AM
Music: How to Apply a Love for Anything into a Love for Learning Personal Finance Often, people treat music as background noise and are almost completely unaware of melody or lyrics. They pay close attention only after a piece has become a favorite. They do not appreciate the full range of pleasure music can give. Give music the attention to detail it deserves. The artists are amazingly talented and went through great pains for ...
Posted: Aug 02 2017 @ 2:34 PM
We don’t often think about the best thing money can buy — our own time. Time and money are the two resources you manage more in your life than any other. You’re making constant decisions regarding their trade-offs. Money can be used to purchase someone else’s services to do something you don’t wish to do thereby freeing up your time. In that sense, money can buy very small quantities of your ...
Posted: Jul 05 2017 @ 4:34 PM
The NBA has been running #LeanIn commercials since 2015 and I found them moving and effective. Along similar lines, I envision the NBA running commercials where their highly influential athletes (Stephen Curry, Kawhi Leonard, Lebron James) talk about the importance of learning financial literacy for themselves and their family. Then they go on to say that learning financial literacy is the cornerstone for building safe and strong families and households. The commercial ...
Posted: Jun 27 2017 @ 4:55 PM
Do you find that your car(s) are one of your major expenses? Typically, the more expensive a car is, the more expensive replacement parts are for said car. In my 13th YouTube video, I describe a choice I made during the financial crisis of 2008 and 2009 and why I made that choice. Nina (MsFinancialLiteracy) also had a really awesome car when I first met her. I believe it was ...
Posted: Jun 26 2017 @ 6:41 PM
If you pay attention to prices, then you probably witness inflation in action. A common reason I hear for not investing is lack of safety. Well, there’s also a lack of safety in not investing. Inflation functions like a thief in the night — eroding your buying power every single night. In my 12th YouTube video, I describe this concept, the rule of 72, and more. If you park $10,000 in ...
Posted: Jun 23 2017 @ 8:37 AM
Your ability to manage your fear and greed emotions directly affects your outcomes as an investor. And for any investor, outcomes (rate of return) is why we invest to begin with. For many others, fear paralyzes them from ever becoming an investor in the first place. Watch along in my 11th YouTube video to learn more about managing your fears and desires. Thanks again to my best friend Andrew for encouraging ...
Posted: Jun 22 2017 @ 10:00 AM
Does advertising puzzle you as much as it does me? There is so much fear-based marketing and time pressure-based marketing out there. Advertising represents a staggering 19% of the US economy. This increases the cost of everything, but how much value is really added? In my 10th YouTube video, I discuss the topic of advertising and more. Build up your immunity to advertising to live a more fulfilling and wealthier life. ...
Posted: Jun 21 2017 @ 11:52 AM
In my 9th YouTube video, I discuss how dangerous it is to follow financial rules of thumb. I break down reasonable retirement dates based upon average saving rates over entire working careers. You have a very personal choice to make everyday through a series of many smaller choices. Will you listen to your heart or to what you’re being told by the financial advising industry and the government? ...
Posted: Jun 20 2017 @ 10:19 AM
In my 8th YouTube video, I cover how I go about analyzing different bond funds for the purpose of making a decision of whether or not to buy (or buy more of) an investment. I also cover a lot of information about different types of bonds, their risks, and which types of accounts are best suited to locate different types of bonds. This video is the last of my four-part series ...
Posted: Jun 19 2017 @ 4:32 PM

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