Money Management & Personal Finance

From The Mail Buoy: Hawaii Investment Rental Properties

Author: Doug Nordman Last Updated: April 26, 2020 2 Comments

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A reader writes: Hello Doug. I really enjoyed your interviews and what you have to say about how you got to where you are now. I am looking into financial independence as well. I had a late start, so I feel it’s going to take a while for me to get there, and it may not even be early retirement by then. The reason I am contacting you is … [Read more...] about From The Mail Buoy: Hawaii Investment Rental Properties

USAA, Victory Capital, And Schwab: Now What?!?

Author: Doug Nordman Last Updated: April 15, 2020 103 Comments

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USAA has sold its investment businesses to Victory Capital and Schwab. Let's analyze how that's going to affect your plans for financial independence. The sale of the Asset Management Company includes USAA’s mutual funds, exchange-traded funds, and 529 accounts. It closed in 2019 and Victory expects to finish moving the … [Read more...] about USAA, Victory Capital, And Schwab: Now What?!?

Fear And Despair In The Time Of Bear Markets

Author: Doug Nordman Last Updated: August 31, 2020 Leave a Comment

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Let’s discuss your plan for getting through a bear market and reaching financial independence. If you don’t have a plan, then by the end of this post you’ll know how to craft one. You’ll feel good about taking action and you’ll sleep better at night. You’ll cope with these situations every 5-10 years during all phases of your very long life. … [Read more...] about Fear And Despair In The Time Of Bear Markets

The “What’s Up Next?” Podcast: “Looking Out For Mom And Dad”

Author: Doug Nordman Last Updated: February 16, 2020 2 Comments

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A few months ago I joined Doc G and Paul Thompson of the What’s Up Next? podcast for a panel discussion about a family financial problem: How do you look out for your parents when you don’t know anything about their finances or their wishes? Our panel included Cameron Huddleston, whose book “Mom And Dad, We Need to Talk” has … [Read more...] about The “What’s Up Next?” Podcast: “Looking Out For Mom And Dad”

Yet Another Decade In Review Post

Author: Doug Nordman Last Updated: August 31, 2020 6 Comments

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My spouse and I enjoyed a heck of a year. The end of 2019 marks 20 years of our financial independence and over 17 years of my military retirement. I’ve written about military personal finance for over 15 years and I hope I have a few decades left! And yeah, I empathize with my fellow math nerds who insist that 2019 isn’t the end of the decade. … [Read more...] about Yet Another Decade In Review Post

Raising Your Money-Savvy Family For Next Generation Financial Independence

Author: Doug Nordman Last Updated: August 31, 2020 2 Comments

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It’s coming in spring on 8 September 2020: the book you’ve asked for about teaching your kids how to manage their money. My daughter Carol and I recently signed a book contract with ChooseFI Media to publish “Raising Your Money-Savvy Family For Next Generation Financial Independence.” It’s written from your questions asked at financial … [Read more...] about Raising Your Money-Savvy Family For Next Generation Financial Independence

Should You Attend FinCon, Military Influencer Conference, Camp Mustache, CampFI, and FI Chautauqua?

Author: Doug Nordman Last Updated: December 5, 2019 2 Comments

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Your journey to financial independence can be a little lonely if you’re doing it all by yourself. Even social media, podcasts, and videos are poor substitutes for hanging out with people who share your goals. This post will cover different ways to get a little boost of FI endorphins to last for months... or at least until the next boost. Better … [Read more...] about Should You Attend FinCon, Military Influencer Conference, Camp Mustache, CampFI, and FI Chautauqua?

How Chase Supports Military Entrepreneurs – Chase for Business Military Banking Benefits

Author: Ryan Guina Last Updated: July 8, 2021 2 Comments

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JPMorgan Chase has long been a supporter of the military community, with initiatives that range from hiring current and former military members for their organization, leading a coalition to support hiring current and former military members across a range of industries, and through supporting military entrepreneurship. In addition, Chase offers … [Read more...] about How Chase Supports Military Entrepreneurs – Chase for Business Military Banking Benefits

Reader Interview: Planning For The Military Transition

Author: Doug Nordman Last Updated: August 22, 2019 2 Comments

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[Today's military transition advice is brought to you by servicemember Annabel Monroe of Monroe Brothers Investments. If you're interested in contributing your interview at The-Military-Guide.com, please see our posting guidelines.] What influenced your decision to join the military, and what's your transition plan to leave active … [Read more...] about Reader Interview: Planning For The Military Transition

From The Mail Buoy: Staying For 20 And Hacking The High Cost Of Living in Hawaii

Author: Doug Nordman Last Updated: October 23, 2020 4 Comments

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A reader writes: "Nords, I’m an avid reader of your website and love your Reddit replies. I’m active duty with 14 years of service. I’m saving a considerable amount of my paycheck and investing in dividend growth stocks with a portfolio that yields about 3.5%. I can retire at 20 years or try for one more promotion, but I’d do the High Three … [Read more...] about From The Mail Buoy: Staying For 20 And Hacking The High Cost Of Living in Hawaii