The best Visa card to use at Costco is not the Costco Visa. It’s the Bank of America Cash Rewards card with the Preferred Rewards program at the 75% bonus tier.
Latest Blog Posts
Opportunity Cost and The Concept of Enough
“Enough” is too loose to be useful. It can moved up or down depending on the opportunity cost.
Deathbed Regret And The Puritan Work Ethic
Many dying said they wished they didn’t work so hard. It contradicts with the Puritan work ethic. Who’s right?
Cheer For The Second Best
The second best is still far better than many poor choices.
Early Retirement and Comparative Advantage
It makes little sense to retire early on a shoestrings budget that requires you to substitute your own labor for hired labor.
Mega Backdoor Roth: Convert Within Plan or Out to Roth IRA?
When your 401k-type plan allows non-Roth after-tax contributions, you can take the money out to a Roth IRA or convert to Roth within the plan. Either way works.
Mutual Fund Or ETF Dividend Frequency and Compounding
How often a mutual fund or ETF pays dividends doesn’t affect its performance.
Early Retirement and Opportunity Cost
Early retirement is expensive when you include the opportunity cost. It’s the opposite of frugality.
Warranty On Car Repairs Out of Town
If you need car repairs out of town, try to get warranty that can be honored at home.
Keep Your Eyes on the Prize: Leave Some Money On The Table
It’s not necessary to wring every last drop out of your big wins. Leave some money on the table. It minimizes the chances of something going wrong.