Personal Finance Tae Kim Personal Finance Tae Kim

High Performance Habits

When we think of high performance we usually think of top-tier Olympic athletes. However, the truth is that high performance is relative. We may not all win Olympic gold medals, but we can all perform best in our own personal lives. So in this post, I want to share with you five of my personal favorite high-performance habits - habits that I hope can help you achieve your personal and financial goals.

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Investing Tae Kim Investing Tae Kim

Margin Of Safety

The margin of safety. We know it’s important, but how many of us intentionally plan these into our lives? According to google maps, it takes exactly 22 minutes to drive from our home to the closest supermarket. But if you’ve driven a car for any period of time you know we should leave some buffer room. So in this post, I want to share with you 8 ways to create more margin of safety.

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Personal Finance Tae Kim Personal Finance Tae Kim

Buy Back Time

Time is the most precious resource we have. Time cannot be mined like gold. Time cannot be pumped out of the ground like crude oil. And we cannot invest time and earn 8% returns like the stock market. Once we use it, it is gone forever and we can’t make any more of it. So in this post, I want to share with you seven steps to buying back more time.

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Personal Finance Tae Kim Personal Finance Tae Kim

How Millionaires Buy Homes

Are you curious to know how millionaires buy homes? What kind of homes do they buy? What they prioritize when looking at homes. And how do they approach the whole buying process in itself? In this post, I’m going to review how millionaires buy homes and, more specifically, the ten home-buying traits of a millionaire.

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Personal Finance Tae Kim Personal Finance Tae Kim

Financially Efficient Household

The term efficiency is defined as the ability to achieve an end goal with minimal waste, effort, or energy. Wouldn’t it be nice to apply this same concept to our home and financial lives? So in that spirit, in this post, I want to review 9 ways we can build a financially efficient household.

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Investing Tae Kim Investing Tae Kim

Hierarchy of Investment Needs

Investments are made for a wide range of needs. One could be saving for one’s retirement which can be many decades away. Another could be saving to buy a house in 5 years. So in this post we are going to review the 5 levels of “Hierarchy of Investment Needs” so you can use it as a framework to help you prioritize your money.

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Personal Finance Tae Kim Personal Finance Tae Kim

12 Terrible Money Advice To Avoid

Financial advice isn’t one-size-fits-all. Discerning between good and bad advice is a crucial skill to growing and protecting your financial wealth. So in this post we are going to review 12 terrible money and investing advice you should take with a grain of salt and most likely just avoid completely.

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Investing Tae Kim Investing Tae Kim

FZROX $0 Fee Fund - Too Good To Be True?

In this post, we take a look at the FZROX $0 Fee Fund and ask the question: is it too good to be true? FZROX has been making waves in the investment world with their promise of no fees. But what's the catch? Is this fund too good to be true, or is it actually a great investment?

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Investing Tae Kim Investing Tae Kim

3-Fund (+1) Portfolio Strategy

The 3-fund portfolio strategy is a simple, low-cost way to build a diversified investment portfolio. By owning just three simple low-cost index funds, a total US equity, a total US bond, and a total international equity, all of us can outperform the vast majority of mutual funds out there. But what if we want to add a bit more flavor to our 3-fund portfolio? What would be a good addition? So in this post we are going to talk about the 5 most popular 4th additions to the 3-fund portfolio strategy.

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