Investing

Welcome to the Million in 10 savings page. Here you will find all articles associated with my lessons (some learned the hard way) and insights on investing.

Investing  was a the prime component of our plan to become millionaires. Even though your goals for your financial future may be much different chances are investing needs to be a part of this.

Have a look at the articles posted. If you have thought of your own on what you read I invite you to leave a comment on the post and I will reply as promptly as possible.

Ways to Save $2,220 a Year

Let me explain Why, ways to save $2,220 a year. It’s a very specific number. For some reason a long dormant post of mine about the Myth of 401(k) Tax Breaks got revived and along with it, some very strong arguments for why I’m wrong. The premise of the post is that if you forego [...]

The Myth of 401(k) Tax Breaks

There are several reasons for getting a 401(k). 401(k) tax breaks isn’t one of them. Over the last 3 years I have not had to pay federal taxes. This, because all my income is derived from capital gains and seeing as these barely put me past the 10% tax bracket, I owe 0% federal tax [...]

Roth IRA Conversion Ladder

I’ve put it off long enough now. I need to get started on the Roth IRA Conversion Ladder. It seems to be the only solution to my western world problem. The problem of having too much in my 401(k). The Roth IRA Conversion Ladder will allow me to gradually convert funds from my 401(k) to a [...]

How I made 20K buying a Prius

I’ve written several posts on, how we saved money. Saving is good; saving can help you in a better financial future. Even better, saving can make you money! Lots of it!! below I’ll explain how I made 20K buying a Prius. Besides all the benefits, saving often tends to make you give up something. “Yes, we [...]

How I made 200K Doing Nothing

Sounds like a get rich quick scam, right? It’s not, it took a lot of work, sweat, patience and time before I got here, but I’m doing it nonetheless. I retired two and half years ago, haven’t worked for a single penny and today I have more money than I had the day I retired. [...]

Screw-ups on My Way to a Million: Investing Emotionally

In my last post I mentioned this was going to be a series. I’ve made a few Screw-ups on my way to a million. Today’s post is about investing emotionally. In other words, falling in love with your investments and the disastrous consequences associated to it. Different emotions in play It’s okay to get emotional when investing. When [...]

Screw-ups up on My Way to a Million: Greed

You’ve probably heard it or seen it on a cheesy motivational poster: The road to success is paved with failure. I prefer to call them screw-ups as it seems to imply more of a duh!!-moment and lessons are learned. For two years now I’ve been writing about how I made my way to a million and how [...]

Am I tempting the powers that be?

Oh, the irony. In my last post I wrote about getting what you need, not what you want. Well, I’m writing this, sitting in my basement in a balmy 84 degrees while the HVAC guys are installing a new condenser and coils. Did I want a new Airco Unit? No. Do I need a new [...]

My Money is My Business

If it’s your business why do you write so much it? No, my money is my business as in: it is my business business, it is there to generate our income. A modest income at that. My business isn’t running that well to be honest. The year I took the helm (the year I retired), [...]

Getting Started In Stocks

Last week I wrote how investing can be scary but if you read the article, you’ll find it is all relative. Despite the ups and downs, hundreds of thousands in my portfolio are pure profits. “Good for you, but I don’t care about your hundreds of thousands. What I want to know is how to [...]