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Achieving Financial Independence Through Corporate Employment

Month: February 2019

The Parking Garage Locks at 8pm

I drive past this sign in the morning as I’m winding down my final weeks of work.  I catch myself wondering “who are these people?”  Really, who are these people who stay at the office past 8pm and get their car locked up? I quickly remember:  That person was me.  That was me 10 years ago.  I am unlikely to be at the office at 8pm grinding on a deal now.   I'll occasionally work late, but it'll be at an…

Investment Question: Should I Reinvest Dividends?

If you've ever bought a stock or mutual fund, this question will eventually come up:  Should I Reinvest Dividends? (and Capital Gains for Mutual Funds). There's no right or wrong answer, but this will outline the case for and against reinvesting your dividends. The case for reinvestment:  Dividend reinvestment is automated.  There's no thought into if/when to invest the money, the dividends and capital gains roll right back into the investment that generated them.  It is simple Dividend Reinvestment is…

Reader Question: Should I Coast FI?

 I had a reader send me a nice email with some lengthy questions.  This individual was doing well, including maximizing all retirement accounts, had money saved outside of retirement accounts, and worked in a volatile industry and lives in an area where the local economy is boom or bust.   He is 33 and has already worked for eleven years and is a homeowner.  I'm assuming he and his wife are good savers based on the details provided, but he didn't…

Credit Card Rewards – An Easy $2,200/Year

Introduction to Rewards Credit Cards I first stumbled across travel rewards while in college.  I had little bit of credit and was able to apply for and get a Hilton Honors points credit card.   Earn a free hotel night or two to supplement a trip?  Sign me up!  Over the course of the next ten years we would earn a few free nights a year.  Eventually we added the Hilton Amex and has a brief run with manufactured spending (thanks…

What is Enough?

What is enough? This is one of the tough questions I see people pursuing financial independence coming to grips with.    What is enough?  The material goods might be the easy part:  There will always be a bigger house, a bigger boat, and a fancier car to buy.   The career may be tougher as there may always be a bigger job just within your reach, but everyone has to decide when do they have "enough".      Separating yourself from…

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