Personal Finance With An Income Focus
The original version of Victory Lap Retirement was published back in 2016, but Cheverau and Drak were back with a second edition in 2019. For the second edition, they added Rob Morrison to the mix as an additional co-author. The addition of an American based Chartered Financial Planner added some international credibility to the book. Of course, it will also allow it to serve a much larger market than the
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I just finished reading an older book written by Charles Schwab called Guide to Financial Independence: Simple Solutions for Busy People. (aff) While the book is a bit dated, originally published in 2000 and then revised in 2004. It does provide some basic tenets of personal finance and investing that many investors will still appreciate. My favorite chapter in the book is Chapter 4 which discusses investment in individual stocks. In
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Like many personal finance enthusiasts, I’ve been working hard toward the goal of financial independence and an early retirement. That said, I’ve tried to balance out this goal with enjoying the process along the way. One can spend countless hours and an enormous amount of life energy trying to optimize investments in an, all-to-often futile, attempt to ‘build a better mousetrap’. The thing with trying to ‘beat the market’ and
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Here’s an essential reading list to help us keep our “eyes on the prize”! 1.) Be sure to thoroughly analyze the company’s cash flow. 2.)Be on the lookout for companies who continue to buy back stock. 3.) Use a company’s Z-Score as a broad screen to begin looking for stocks. 4.) Make sure the company’s Return On Invested Capital (ROIC) is greater than the P/E ratio. 5.) Most importantly, you
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