Today’s question comes from Jay. He asks:

Thanks for the informative content you’ve generated. It’s some of the soundest, easily-digestible out there, and it’s definitely had an impact in my life.

I’ve been reading up on retirement for a couple of years now, roughly when I went into the workforce after college. I’m in my late 20’s, and currently, I make just shy of the $118,000/year IRA income contribution cap. I just recently started to fully...

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By Chris Reining / 2 Comments

Today’s question comes from Tuta. He asks:

I have my 401k at 15% (pseudo-max). I have a few hundred dollars going into a savings account at a credit union. I just started investing in stocks about a month ago. I’m totally clueless, but I read something somewhere that said invest in companies you know; so I bought Marriott, United Airlines, Visa, Papa John’s Pizza, Costco, Under Armour, Chase, and Novartis (no clue but read an...

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By Chris Reining / 7 Comments

Today’s question comes from Jeremiah. He asks:

Hey Chris…obsessed with your website and advice…keep up the great work! I had a question I wanted to run by you.

I was looking online at smaller loans and came across some pretty decent terms and had an idea I wanted to see what you thought about. I can borrow $15,000 (or possibly more) for around 3% interest for 3-5 years (my choice) and was considering doing this and...

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By Chris Reining / 4 Comments

Today’s question comes from David. He asks:

“I happened upon your site today and engaged in some Sunday morning binge reading. I very much enjoyed reading your articles and appreciate your efforts to help others and to transform their lives. In reading through the questions that have been posed to you, I noticed that most of the questions concern ways to save and invest. Of course, amassing sufficient resources is a necessary step to early...

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By Chris Reining / 0 Comments

 

Today’s question comes from Robin. She asks:

I found your website through your book list, which includes 7 titles I have added to my “Read” list (thanks!) From there, I’ve been entranced for the past hour reading articles on your website. I like your direct (open) and honest approach, which is why I’m sending you my question:

Lesson from Parents: “It’s not OK to be rich!”

My parents were Stanford grads, scientists who placed...

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By Chris Reining / 2 Comments