Waiting to Buying Dividend paying stocks, the market has snapped back, I sold some stuff I don't want to keep, poor div payers. Currently at 3,900 a year in dividend income. NOV cut div. I moved to NetworthShare.com
To learn how others got rich. Too bad this site doesn't have an question like "How I make/made most my money?"
Best Financial Decision:
Paying down the mortgage.
Worst Financial Decision:
Refinancing my house 3 times just to get a lower payment and sitting on the cash (analysis paralysis) instead of just paying down the mortgage. I do the opposite of what my father did. I don't buy art, collectables, gold, too many cars or women ;)
Current Financial Strategy:
Upgrade to a move up home for more inflation leverage, but paying down the current mortgage first. I don't agree with 3 x income, I think 1 x income is a better rule of thumb for your first primary residence.
How I manage my money:
Cash accounting :)
Tools I use:
Telepathy, seriously though, I use a dry erase board.
I need help with:
Believing the stock market is not a casino.
Favorite Financial Personalities:
Robert Kiyosaki - he still opens your mind regardless.
Millionaire Next Door, the inflation deception and 4 hour work week.