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 | Sep 6, 2021 | Budgeting, Investing, Retirement
For me, one of the biggest hurdles to getting started in investing was feeling like I didn’t have “extra” money lying around. And I didn’t want to pick up a new job. But I also wanted to figure out my retirement. So my wife and I started...