The Debt Free Fallacy The mainstream concept of debt creates unnecessary anxiety for people. Innocent consumers are made to believe that if they maintain a credit card balance then that’s somehow a terrible thing. They are encouraged to pay this off as their top financial priority. But that’s a load of baloney. In reality there are often more… Read More »
New Addition to my Asset Column After blogging about my exciting new investment in a startup company, I’ve decided to categorize this equity holding as a new asset class in my net worth updates. 🙂 High net worth investors are continuing to move their investments into uncorrelated assets such as private companies and I plan to grow my investments using a… Read More »
Millionaire Status After checking my balance sheet for the month of August I realized that the value of all my assets is worth $1,006,200. Great Scott! For the first time in my life I own a million dollars worth of stuff! 🙂 According to the official Oxford Dictionaries website, a millionaire is “a person whose assets are worth one… Read More »