Today, we wanted to give you an introduction to bond investing, and in particular, Junk Bonds, also know as High-Yield Bonds. As I’ve mentioned previously, we’ve been looking for ways to diversify our portfolio a bit more from being almost entirely equities (stocks). That is why we started to research bonds.
Surprisingly, even though there is a lot of general information about bonds and investing in bond mutual funds and ETFs, I wasn’t able to come across anyone who was investing in individual offerings, so hopefully this is a helpful post to a lot of you. Continue reading “What Are Junk Bonds, And Why Did We Decide To Invest In One?”
It’s time again for our financial update. This one is for August 2017. You can read last month’s update here. To see all our financial updates, please go here.
Continue reading “August 2017 Financial Update”
As I’ve mentioned in previous posts, our main goal is to retire early and be able to travel. We want to see the world and possibly move around every six months or so to experience new locations and cultures. One of the best ways to accomplish this is through growing our passive income.
You can look at more of our passive income tracking here.
Continue reading “Passive Income Overview”
In this blog entry, I’d like to give you an overview of where our money goes right now. You can look at other planning articles here. It’s not so much a budget, as it is an expense report. Our budget is based on this information, but it is changing all the time to suit the needs of the current month. We’ll discuss the budget we use more in a future post.
Continue reading “Expense Report – Where Our Money Goes”
If you’re like us, you’re wrestling with how to prioritize all the many things that you want your money to accomplish. In our case, we have credit card debt. We have auto loans and a home loan. We have retirement to think about, and our emergency fund needs some love. All of those items are good options, but what is the best option?
Continue reading “Where Should Your Money Go First?”
It’s time again for our financial update. This one is for July 2017. You can read last month’s update here. To see all our financial updates, please go here.
Continue reading “July 2017 Financial Update”
Each quarter, we’d like to give an overall summary of our investment results…it forces us to confront the good and the bad. The results will show performance based on the end of that quarter for the trailing twelve months. Below are our results for the second quarter of 2017. If you want to see more of these reports, click here.
Continue reading “2017 Q2 Investments Report”
For our first financial update, here’s a summary of where we currently stand. This is the one we’re going to base things on from this point forward. We’ll plan on monthly updates. To see all our financial updates, please go here.
Continue reading “June 2017 Financial Update”
I thought I’d start these financial posts with an overview of where we’re at and where we came from.
My wife and I came into adulthood in the early 2000s when credit was flowing freely. Regularly, we’d get credit card offers with 0% interest and no payments for a year. Getting a home loan only required stating your income and not actually having to prove anything. It was a great time to justify getting yourself way in over your head with debt.
Continue reading “Financial Introduction”
Welcome to The Money Brain, a site for people with money on the brain!
This blog is an attempt to help others and myself improve our relationship with money. I plan on being open and transparent about the strategies I take and the moves that I make. I’ll let you know what went right and what went oh so horribly wrong! I’ll give you glimpses into our past, and we’ll look into my family’s future plans. I hope we can help others while we make this journey.
Continue reading “Welcome to the Money Brain!”