What is your rich life

Personal Finance

Personal Finance
Feb 27, 2023
Dollar Cost Averaging

When I want to sound smart and intimidate people, I calmly look at them, chew on a muffin for a few seconds, and then throw it against a wall and scream, “DO YOU DOLLAR-COST AVERAGE???”  People are often so impressed that they slowly inch away, then whisper to people around them. I can only guess […]

Personal Finance
Feb 27, 2023
Investing vs. Paying Off Student Loans

The Federal Reserve reports that the average college graduate has around $35,000 of student loans—and those of you carrying such debt may find it an impediment to achieving your Rich Life. But the surprisingly good news is that student loans were probably an excellent financial decision. We’ll look into the reasons why in this article.  […]

Personal Finance
Oct 03, 2022
Types of Bank Accounts: How To Set Them Up & What To Avoid

In this article, we’re going to cover the types of bank accounts, which ones you should have, and what each one can do for you. The two primary types of bank accounts are checking and savings accounts. For most people, these are the two accounts they interact with the most in their daily lives.  It’s […]

Personal Finance
Feb 27, 2023
Minimum variance portfolio: Definition, examples, and breakdowns

  A minimum variance portfolio is a portfolio model made up of investments that are volatile individually but are seen by some as low risk when put together.     This portfolio model might not be right for individual investors though. In fact, we don’t recommend you build a minimum variance portfolio especially if you’re a […]