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Millionaire Before 50
Early Retirement
Millionaire, American dream, Immigrant, Pinoy, Filipino
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Net worth:
Downingtown, Pennsylvania, United States
Life stage:
DIK (Dual Income, Kids)
IT / Software Engineer

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Latest Blog Posts

One of my favorite personal finance books of all time is the one that was written by the late Thomas J. Stanley, The Millionaire Next Door (published in 1996). The bestselling book identifies common traits that show up again and again among those who have accumulated wealth. The surprising finding is that most millionaires in America don't really live in mansions, drive luxury cars, or wear expensive watches. Most millionaires never ...
Posted: Jul 15 2017 @ 3:25 AM
While I don't believe that a bear market is coming, one big lesson from the last two recessions is that it can't hurt to be prepared. Crashes will always come and go. Whether it's 6 months or 6 years from now, nobody really knows. The prospect of me becoming a thousandnaire again is not beyond the bounds of possibility.As a Generation X-er, I've been at ground zero of 2 big ...
Posted: Jun 30 2017 @ 2:11 AM
You've probably heard Dave Ramsey say this many times before, "The borrower is a slave to the lender." It's partially taken from the scriptures. That's exactly what I had in mind when I decided to lend my sister $14,000 last summer. Finally, I can 'enslave' my annoying sister, who spends most of her free time bashing Obama on Facebook. At least that's what I thought.She and her husband, Abe were ...
Posted: Jun 14 2017 @ 12:07 AM
I've recently started a Facebook group for this blog where members are encouraged to ask any question about money. Out of the blue, one member asked about Bitcoin. In an effort not to monopolize the forum, I waited several hours. But nobody was keen on answering the question. I eventually end up writing a brief but very informative answer only to see the post mysteriously deleted (ugh!). I'm writing this to preserve what ...
Posted: May 31 2017 @ 2:15 AM
My mom came from a rich family in the northern Philippine town of Batac, Ilocos Norte. The same town where the late dictator Ferdinand Marcos, known for looting the country of billions of dollars, grew up. In fact, they were contemporaries. My mom told me stories about how Ferdinand's father, Mariano Marcos-- a budding candidate for the country's National Assembly, use to borrow money, from my grandfather, who was a ...
Posted: May 14 2017 @ 1:29 PM
You've probably heard this line a hundred times at the cash register before, "Would you like to apply for a store credit card? You'll save 10 percent on today's purchase".That was the offer that I accepted from a BestBuy store clerk sometime in the late 90s, just a few months after I started working here in the states. I remember walking out of the store smiling. It was the first time I've ever brought something ...
Posted: Apr 26 2017 @ 12:13 AM
"None of us want to pay taxes again, ever."-- this was last of the many demands Harry Stamper (played by Bruce Willis) and the rest of his oil-drilling crew had against the U.S. federal government in the movie Armageddon. The 1998 science-fiction film was about a giant asteroid whose collision course will crash the Earth. The scientists at NASA plan to detonate a nuclear bomb, which must be buried 800 ...
Posted: Apr 14 2017 @ 11:45 AM
Do you know what's the biggest expense that you will incur in your lifetime? Nope. It's not your home. I remember my hands were shaking when I handed my agent a $43,000 cashier's check as down payment for our house, 13 years ago. But like I said, it's not the house. Not even close. Our modest house being built in 2004, isn't she pretty? Your house may very well be your single biggest ...
Posted: Mar 25 2017 @ 10:32 PM
Buy what you know, and stick to companies with good long-term prospects and quality management-- are 3 well-known rules that the famous investor, Warren Buffett, follow when buying stocks. None of these rules I followed when I bought 200 shares of SNAP when it went public last week. The purchase was done on impulse. Risky move indeed, but it is risk that I can afford to take. I bought what I barely knewI sort ...
Posted: Mar 06 2017 @ 1:27 AM
Today is my 20th year anniversary living in America-- the land of milk and honey. The place where pretty much anything that I'm accustomed to seeing is bigger. Bigger houses, bigger cars, bigger TVs., bigger you name it. I can vividly remember what my reaction was the first time I was handed a bucket of popcorn in a movie theater. "Do you expect me to eat all that?" was written all over ...
Posted: Feb 20 2017 @ 9:48 PM


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-- 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

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