Q: Why, after working long, hard hours at two careers, teaching and financial planning, spend free time writing? Isn’t it time to take it easy, golf, relax?A: I wonder that myself. So does my wife…except it isn’t golf she has in mind.Read More
The latest from Tim Munkeby
This week is probably the last time I mention If I Had a Million Dollars: How to Achieve Financial Independence Before Your Parents Do. I am still doing lectures at various colleges and universities. UMD this week. BSM, my alma mater, the next.Read More
The Millenials, age 15- 24, are predicted to be worse off, financially, than any previous generation: lowest life-time earnings, relatively, and few benefits from employers (if they can get hired).Read More
Very few people have the time, training, or discipline to research investments such as stocks or real estate. That is why the mutual fun was invented. If you let professionals make the buying and selling decisions with a fund you're able to purchase shares in hundreds of companies for as little as $25 a month.Read More
Would you rather have $1 million or a penny that doubled in value each day for a month?
TAKE: The million dollars you think? Well, in a 30 day month that penny would be worth $10,737,418; a 31-day month: $21,474,836. Surprised? This shows the power of "compound interest."Read More