Author Archives
DIY Investing Resource #4: All About Asset Allocation
Posted on April 20, 2015 | By Elephant Eater | 2 responses
Our fourth selected DIY investing resource is All About Asset Allocation by Richard Ferri, CFA. Ferri is the founder of the investment advisory firm, Portfolio Solutions. He is also a dedicated “Boglehead” which is where I first learned of him. This book is divided into three parts: Asset Allocation Basics Asset-Class Selection Managing Your Portfolio. Parts one […]
Can You See the Forest?
Posted on April 13, 2015 | By Elephant Eater | 8 responses
Recently, I had the opportunity to be interviewed by Rob Berger for the Dough Roller Podcast. The main theme of the interview was sharing how we were able to amass the resources to be able to retire by age 40. I shared our many mistakes with investing and tax planning as well as details about our lifestyle that on the […]
The Worst Investment Advice I’ve Ever Heard Everywhere
Posted on April 9, 2015 | By Elephant Eater | 6 responses
Recently, I had the opportunity to write a guest post for the White Coat Investor website. In the post, I was critical of the personal finance industry and encouraged readers to educate themselves. There were a number of comments that agreed that I had “set up a bit of a straw man that makes advisors look […]
A Day in The Life of Extreme Frugality
Posted on April 2, 2015 | By Elephant Eater | 4 responses
We live in a world where most personal finance advice is to save 10-20% for retirement. The average American saves about 5% of their take home pay. Many people are drowning in debt. We have always maintained around a 50% savings rate, while never earning six-figure salaries. To many, this is considered extreme frugality. In the past 2 […]
Financial Elephant Around the Web: The White Coat Investor
Posted on March 25, 2015 | By Elephant Eater | 2 responses
Today is a very exciting day for the Elephant Eaters. We started this blog last May with three big objectives. We wanted to share what we have done well, mistakes we have made, and what we continue to learn to help others to use their finances to create a better way of life. We wanted to […]