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Journal Club 08-26-22 – Passive Income

Here’s Journal Club 08-26-22! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!


  • By now, most of us are aware that by implementing a few key steps, anyone can begin their journey to financial independence and early retirement. But the question is, how do we know if we’ve achieved this milestone? Dr. FIRefly answers this fascinating question and discusses different types of financial independence in the article – Am I Financially Independent Yet?
  • What comes to mind when
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Journal Club 09-30-22 – Passive Income

Here’s Journal Club 09-30-22! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!


  • Are you wondering if you should open a 529 account to fund your child’s K-12 education? Or debating whether a Roth IRA or 403(b) would be a better fit for you? Well, The White Coat Investor addresses these questions and more around investing in – 529s, I Bonds, TIPS, S Corps, ETFs, and 403(b)s. Check it out. There’s a little something for everyone in there.
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The housing market is showing signs of a rebound

Miami house for sale

Alan Diaz/AP

  • S&P CoreLogic’s national home price index climbed in April from the prior month, marking three straight gains.

  • Miami, Chicago, and Atlanta saw the steepest annual price gains in March, data showed Tuesday.

  • “If I were trying to make a case that the decline in home prices that began in June 2022 had definitively ended in January 2023, April’s data would bolster my argument.”

The housing market is showing more signs of a rebound, with home prices climbing for three consecutive months.

The S&P CoreLogic Case-Shiller national home price index was up 1.3% in April from the prior month

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Mortgage rates are shooting up again, raising home ownership costs

Mortgage rates are climbing again, raising the cost of a home loan to its highest level in seven months.

The average rate on a typical 30-year mortgage is now 6.91%, up from 6.69% a week ago, the Mortgage Bankers Association (MBA) said Wednesday. The average rate on a 15-year home loan increased to 6.41% from 6.15% a week ago.

Buying a home is cheaper than renting in only 4 US cities. Here’s where they are.

Mortgage costs are rising in large part because the Federal Reserve’s year-long campaign to tame prices by lifting its benchmark rate has yet to bring

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Is Real Estate a Good Investment in 2023?

It’s no secret that investing in real estate is an excellent way to build long-term wealth as property prices tend to increase over time. But given the current economic conditions, it’s natural to have second thoughts about whether real estate is still a good investment this year.

Historically, the housing market has been one of the most influential and lucrative investment opportunities in the past decade, even more so in recent years. However, as investors, we also understand that no market stays hot forever. High-interest rates, growing inflation, recession, and many other factors can further interfere with our decisions to

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Wilt Chamberlain’s LA Mansion Bounces Back Onto the Market With Another Big Price Cut

This notable Los Angeles estate has rebounded onto the market—with yet another price reduction.

Built for basketball legend Wilt Chamberlainthe massive dwelling is taking another shot at attracting a buyer.

The enormous, five-bedroom residence was listed for $19 million in 2018 and bounced back last year for $14.9 million. Now, it has returned at $11,995,000—a 37% discount on the original price.

architect David Rich designed this special retreat for Chamberlain in 1971. But it was remodeled in 2008 by the owner Dmitri Novikovwho souped up the kitchen with stainless appliances and modified the lower level to include guest