2024 — How did our i401k do and the ‘vibecession’.
2024 — The markets, a Trump election victory, and whatever happened in your freelance industry. What did it all mean for our i401k portfolio and the goal of chill-retirement?
Retirement. Let’s call it ‘chill-tirement’ — The 4% Rule
Retirement, as a term, has such a bad vibe. I think of some oldie hobbling out of their office building with a pot plant and a gold watch. Well, it doesn’t have to be like that — Let’s talk about the 4% rule.
The Three-Fund Portfolio — It’s all we ever need in the stock market.
Three simple, super low-cost Index ETFs are all most of us ever need in the market.
The List: Tax-advantaged accounts — tax saving, wealth multipliers.
More in our series of ‘More for us, less for you IRS!’
Below is a list of the various tax-advantaged accounts we can have as freelancers. Learn the ways of the force, I mean accounts. As freelancers, investing is our ultimate side hustle.
FinCEN - Beneficial Ownership Information Report. Fines, maybe jail awaits if you don’t file it.
The Beneficiary Ownership Information Report.
Yes, you must fill out another fun form, or you could be fined and jailed. They’re not kidding around with this one; it carries civil and criminal penalties. File by January 1, 2025.
i401k investors — IRS Form 5500-EZ could cost you a $150,000 fine. EVERY YEAR.
i401k investors — IRS Form 5500-EZ could cost you a $150,000 fine. EVERY YEAR.
Vanguard exits managing i401k accounts - but we still love their ETFs and funds
Vanguard exits managing i401k accounts - but we still love their ETFs and funds. Let’s chat about what i401k provider to use.
2023 — Another example that no one can predict the market. We invest every quarter, no matter what.
2023 goes down as a classic example of how no one can predict the economy or the stock market. The Wall Street Journal’s headline was, “What Did Wall Street Get Right About Markets This Year? Not Much”
Revenge of the Bogleheads (that’s us!)
So it looks like a new generation of investors are catching on to our way of thinking accord to CNBC. Get rich slow.
My name is Chris Albert. I’m a freelance news magazine/documentary director of photography based in DC and I also run StudiowerksDC a commercial studio, also known as ‘the side hustle.’
Why the website? I happen to geek out on simple, sensible investing. Talking to friends and colleagues at work there was a real lack of investment and retirement knowledge. Why? Because no one teaches us. There did not seem to be an investment website dedicated to freelancers signal person businesses, so I made one.
We are going to get rich slow.