Recently Kosmo causally mentioned in an article that he was teaching his 14-year-old daughter to drive. In Massachusetts, where I grew up, the age to start is 16 when you can get a learner's permit. Fourteen seemed very early to me, but my view of Iowa is that it's all farms where it's impossible to get into a car accident ;). While that may be a bit of a joke, it isn't too much of an exaggeration. On the surface, this article may seem like … [Read More...]
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Planning our First Non-Retirement Asset Allocation
I feel like I've written at least 35 different asset allocation articles over the last 15 years. Almost all of them had one thing in common, try to maximize growth. That's because almost all of our money is in retirement accounts. With a long-term view of 30-40 years, I don't mind being aggressive. All that has changed though. I recently realized that my biggest money mistake may have been maxing out our retirement accounts at the … [Read More...]
Passive Income Update: December 2021
It's a brand new year, but there's still time left to reflect on 2021. Our December was a blur. My wife was deployed until the 18th and then we rushed to get Christmas going. The turnaround to my youngest's 8th birthday is quick, so we scrambled through that as well. We've got house renovations going on and it looks like that will be the story of January as well. (It's not that the renovations will go on that long, but that we can start … [Read More...]