Monthly Archives: June 2012


What The Hell is Wrong With Some People? Emergency Funds vs. The Smart Phone

I choose not to discuss them often but the basics of personal finance are the same whether you are making $46,000 or $460,000.  I feel like most people are smart enough to understand if you are spending more than you are making that is is unlikely that you’ll get out of the situation you are in (the exception of course is taking calculated risk that works out). I Can’t Begin to Understand Some People’s Decisions It is either that people generally don't understand the basics of personal finance or they are dumb.  I tend to believe it is the former rather than [...]

By |2013-09-26T14:55:28-04:00June 26th, 2012|Personal Finance|57 Comments

5 Money-Saving Tips for First-Time Homebuyers

When people dream of their future goals, they typically dream of four things: a decent job, making sufficient money, a wonderful family, and a dream home.  Even with the instability of the economy, many people are still determined to become homeowners. There are several steps prospective homeowners can take in order to make sure they are ready to make that life-altering decision. Buying a first home can seem very intimidating at first. Not only are you putting down a giant chunk of savings in a down payment, but you are also going to require a large mortgage loan as well. There are [...]

By |2014-06-13T21:32:39-04:00June 23rd, 2012|Personal Finance|6 Comments

The Secret Business I am Dying to Open Up

I have been giving a lot of thought lately about a very specific type of business to open.  While I have had some businesses in my past (some I am not proud of, and some like this blog that I am very proud of), I have never run a brick and mortar business so the thought is very scary to me.  I am just going to put it out there and I would love to hear some thoughts from everyone out there: I want to own a Coin Operated Laundromat Positives of Buying a Laundromat Business Paid in Cash – Nice not [...]

By |2013-09-26T14:55:31-04:00June 22nd, 2012|Business|25 Comments

Why is Yield Less Important than Yield on Cost When Dividend Investing

My favorite investment asset is my very small but growing dividend investment account.  When we finally move (circa 2014 at this point lol) I will be focusing a lot more energy and money on the account.  It is my hope that one day Future Evan and The Wife will be able to turn off dividend reinvestments and have a legitimate viable stream of income that has kept up with inflation since I am buying only stocks that have increased their dividend for over 25 years.  Obviously, past performance is not indicative of future returns, hopes, dreams or wishes. What is Yield on [...]

By |2013-09-26T14:55:33-04:00June 19th, 2012|Dividend Investment Portfolio|5 Comments

We Decided to Go With a Real Estate Broker After All

When we first decided to put our house on the market The Wife and I talked about using a real estate broker or agent for selling our home, and opted against it since the price on the home is priced way under the market.  However, after losing our buyer The Wife and I were pretty stumped how to get the word out.  We wanted to use services like Trulia or MLSLI (Multiple Listing Service for Long Island) however each site requires a real estate license to list the homes. We researched services that let you use their number, but quickly learned that [...]

By |2013-09-26T14:55:35-04:00June 18th, 2012|Personal Situation|8 Comments