The following articles are provided to assist you on your journey towards becoming unconstrained. All information provided on this website is for general use, and is not specific to your financial situation. Please consult with your CPA and/or attorney to get advice that is specific to your needs. Do not use this information to assist you with any financial purchase or strategic decision without first discussing the information with your CPA or attorney to determine the specific application to your needs.
The real state of affairs for the USA is dire. The TV news or your politicians won't tell you that, because it is business & political suicide. But the real economic data matters for your daily life and it is the reason you are and will continue to be constrained.
US Medical costs are out of control. But rather than dealing with that, voters will be faced with political policy decisions based on whether the govt should pay for it.
There is a lot of interest in the FIRE (Financial Independence Retire Early) movement, but I am skeptical of whether those that achieve FI during a bull market have what it takes to make it through a bear market...
Although many would attest to a debate over active vs passive income, we believe there is no debate - Passive always wins. Let's explain why.
Rich and successful people typically do the opposite of the herd. It is a choice. It comes with fear, doubt and uncertainty. Training your mindset to embrace these things is the key element of how you will get extraordinary results from an ordinary world.
The numbers don't lie. They tell a tale of a society living well beyond its means. This is why 80% of Americans are broke and living pay check to pay check.
US banks have been offering incentives to get you to sign up for credit cards for years. The incentives are really valuable if you know how to play the game, but could they be a deal with the devil if you don't?
About 2 weeks ago, my daughter called me from Tucson, Arizona. She is a senior at the University of Arizona there. She had been stopped at the traffic lights in her car, when another car rear ended her. It wasn't a big accident. Thankfully no one was hurt, and there actually was little visible damage to the back of her car.
Today it all came to a head for me when I saw this... I think we have officially become a failed state. And I blame the hypnosis of the US Media for much of it.
In July 2018, 32% of cable TV subscribers in the USA had cut the cord and left cable. This was due to the excessive pricing model and the free market's supply & demand model by opening up options to Internet subscribers.