by Jonathan Sigmon | Dec 27, 2021 | Investing, Motivation, Retirement
The typical financial advisor charges 1-2% to be your advisor. And we expect that. If you get work on your car, you pay your mechanic. If you get your hair done, you pay your barber. I remember hearing this when I was young and thinking this was very small. And at...
by Jonathan Sigmon | Dec 20, 2021 | Investing, Motivation, Retirement
Over the course of George’s wonderful life, he contributed $42,000. What’s wild is the growth on his money turned into $380,000. He just started investing at age 30 and consistently invested in an index fund at $100/month. Now at retirement, he’s got a big ole pile of...
by Jonathan Sigmon | Dec 20, 2021 | Investing, Motivation, Retirement
Allow me to introduce you to two wonderful (imaginary, but very realistic…) women. Deborah is super kind. Loves her kids and her dog, Fifi. She has a job as a teacher making $40,000 per year. Deborah doesn’t invest, she just lives below her means. She...
by Jonathan Sigmon | Dec 20, 2021 | Investing, Motivation, Retirement
While in their lives, Hulga only invested $12,000 more dollars than Bobbie, she ended up with over $500,000 MORE dollars. How is this possible, you ask? It’s the power of compound interest. The eighth wonder of the world. In those final years of...
by Jonathan Sigmon | Oct 4, 2021 | Investing, Motivation
“Have you heard about the biggest IPO ever about to drop!?” I got this text from a friend a couple months ago who knew I was into investing. He added something like, “Bro, Wall Street is calling it the ‘BIGGEST IPO EVER’. Jim Crammer said...
by Jonathan Sigmon | Jul 29, 2021 | Motivation, Student Loans
Student loan debt can be a devastating weight to carry and get out from underneath. According to a 2019 study from New York Life, it takes the average person 18.5 years to pay off their student loans, starting at age 26 and ending at age 45. But you don’t have...