Author Archives: Liquid Independence
The new normal The year is 2030. Self driving cars are delivering fast food right to people’s front doors. China surpasses the U.S. as the world’s largest economy. Everyone uses mobile wallets instead of credit cards. Increasing wealth inequality has created constant social unrest. But one thing hasn’t changed. Interest rates continue to remain at rock bottom. You… Read More »
What I did to grow my passive income Here are the 3 secrets I use to earn 20% return on investment. Look for relatively undervalued dividend growth stocks. I use the stock screener at Yahoo Finance to help me find the best stocks. Do not sell too early. The only time you should consider selling a stock is… Read More »
Transaction Codes Over the years I have seen many different types of activities in my bank accounts. But sometimes I don’t know what the transaction codes mean. And I’m left scratching my head as to what I’m being paid or charged for. Here’s an example of my account statement. So to make life easier I’ve compiled a list… Read More »
This is the third and final post in this series where I discuss the most influential events of my personal finance journey. I like to save the best for last so today I’m discussing a book called, “The Millionaire Next Door: The Surprising Secrets of America’s Wealthy,” by Thomas Stanley and William Danko. 🙂 The Millionaire Next Door… Read More »
A large price drop is coming says CMHC Canada’s federal housing agency predicts home prices will decline by as much 18% this year. The Canada Mortgage & Housing Corp. (CMHC) is concerned for the country’s long term financial stability amidst the higher unemployment rate this year. Its CEO recently announced that one fifth of “all mortgages could be… Read More »
The stock market is not the economy The global economy is not doing well so far this year. Pacific Investment Management Co (PIMCO) believes the “forced closure of businesses across the United States and surge in unemployment will cause U.S. growth to contract by 30% in the second quarter of 2020.” The U.S. unemployment rate rose to a… Read More »