More Wealth, Less Risk Appetite: The Paradox Explained
Most people believe having more wealth means you can take more risk. But the opposite is true. The more you have, the more it hurts to lose. My latest on the Risk-Wealth Paradox: https://t.co/C0PA5iPzwq
Four Key Lessons From Publishing 500 Weekly Blogs
As of today I've published 500 blog posts online, one per week since January 2017. Here are the 4 biggest lessons I've learned along the way: https://t.co/sKkXPVVlsh
AI Disruption Challenges the Viability of Coast FIRE
Imagine quitting your 9-5 to "coast" into retirement and then AI threatens your livelihood. Is Coast FIRE still viable in the age of AI? My latest: https://t.co/PhGFbTnVEr
Upper‑middle Class Pays More, Gets Less
The upper middle class is caught in a trap, and many of them don’t realize it. The houses are getting smaller, the lounges more crowded, and the schools pricier. My latest on how the upper middle class is paying more and getting...
Most Major US Metro Home Prices Still Falling
75% of the largest U.S. metro areas saw real home price declines over the past year. Rates have normalized, but prices haven't...yet. My latest on whether U.S. housing is starting to crash: https://t.co/HsPGtyscV6
Lack of Internship Guidance Widens Poverty Pay Gap
A lot of this comes down to poorer kids just not knowing what to do. I didn't know that I had to apply for an internship in the WINTER of my sophomore year to get a sophomore summer internship to...
Ageism Resurges: Boomers Face Growing Online Vilification
I've been saying for years we will see a rise in ageism and I think it's finally started. Just read the comments.
Inheritance, Not Income, Drives Home Buying in California
This supports something I've suspected for a while—incomes are becoming LESS important for homebuying than in the past. As wealth transfers become the more common way to acquire a home, income will matter less and less.
Half of Twitter Impressions Appear to Be Bots
I'm convinced that something like 50%+ of all Twitter impressions are bots. Here's some data on two different articles I posted (one back in 2020 and one last week). The 2020 one had 15k clicks on 400k impressions The 2026 one had...
Use a Joint Account Plus Separate Accounts for Fairness
There's a simple solution to this: -Joint bank account (all income goes in, all shared expenses come out) -Each spouse keeps separate account -Any surplus (in joint account) gets split (50/50) and sent to separate accounts -For big purchases, each party deposits back into...
Rental Returns Rarely Beat Market After Hassle Costs
Even if your rental properties do outperform the market (unlikely), when you include the "return on hassle", it's not even close. The cost of your time, dealing with tenants, etc., is far higher than a few percentage points a year.
Housing Prices Will Drop Without Income Growth
This is the big problem I see with U.S. housing. If incomes can't support prices, something has to give. While wealth transfers can offset this temporarily, most people won't have such a windfall. If incomes don't rise, prices will fall in...
Flexibility Makes the 4% Rule Truly Foolproof
Hot take: no one has ever run out of money using the 4% Rule. Why? Because, in the real world, people are flexible. During a market crash, no one is going to increase their spending by inflation because "the rule said...
Renting $1.2M Home for $4k Shows Overvaluation
It's even worse than this guy makes it seem. If someone rents out their "$1.2M" home for $4k/month, that's the all-in cost (property tax, insurance, maintenance, etc.) So, the mortgage would have to be even LESS than $4k/month, valuing the home even...
Both Private Assets and US Housing Face Dismal Returns
I'm trying to decide which asset class will have worse returns over the next 5 years: Private assets or U.S. residential real estate. Private assets are illiquid and investors are getting impatient, while home prices have outrun incomes and no one...