Is It Possible People Are This Clueless About Their Cash Flow?

As part of my daily responsibilities financial planners will come to me to discuss a particular case; sometimes these cases are mind boggling estate planning cases ($20million, $30million, $50million+) and sometimes they are just your run of the mill new family starting out. When the case has to do with estate planning the planner and

October 2011 Net Worth Update

Earlier this year I started tracking my net worth, but wasn’t entirely comfortable putting the number completely out there, so I came up with a system where I on January 18, 2011 I took my positive net worth made it a zero.  Feel free to check out my absolute zero net worth post.  This way

October 2011 Dividend Investment Portfolio Update

October 2011 Dividend Investment Portfolio Update

About 18 months ago, I started my Perpetual Income Machine which then eventually morphed into my dividend investment portfolio.  Now every couple months I update those specific stocks which are on my “watch list” for the following months to come. While the stocks I am purchasing change every few months, I never sell those stocks

Why I am Not A Big Proponent of Revocable Living Trusts

As I have mentioned before that in addition to my day job, and this blog I operate a very small law practice. In both my law practice and day job Revocable Living Trusts come up often, however, I am not a particularly big proponent of using them for one specific reason discussed below. What is