J Money over at Budgets Are Sexy recently wrote about failure. I’ve been working on this post about screwing up based on assumptions, so it motivated me to move this to the front of the queue. My main thesis is from a favorite movie of mine from the mid-90s.
It’s always amazing how quickly the year goes by. Summer will be here before we know it! From beaches and barbecues, to parades and pools, people will be out and about. And I’m thinking about what I thought back in the summer: Do I need to switch gyms or quit?
Around the time we posted our December 2017 passive income & portfolio, I read a lot of great year-end reviews for other sites in the Dividend / FIRE community. Many people are continuing to make excellent progress as the bull market kept on roaring throughout 2017.
It’s the time of year for looking back and – more importantly – ahead. With New Year’s Day just a few days ago, it’s hard to believe that another zodiac has gone around so quickly.
Some define passive income and portfolio income differently. For simplicity, I’m considering them one and the same – income NOT “earned” via a paycheck from my employer. Here is our passive income breakdown as of month-end. We use Personal Capital to track our net worth, assets vs. liabilities, and cash flow.
The US Congress passed arguably the largest and most significant overhaul of the US tax code in decades. The legislation is expected to be signed into law soon, but the exact date is still unknown. As further details are revealed via the media, here are some highlights of the tax reform. [Read more…] about Tax Reform & Your PFUI: Applying the 10 Heuristics