As we mentioned in one of our previous posts, we are looking for ways to enhance and simplify our investment strategy. I wanted to do some shuffling in order to minimize maintenance costs and at the same time not sacrifice returns. With that in mind, we made few changes to our stocks/bonds portfolio and added…
Author: A Compact Life
Emotional Intelligence And Money
Emotional Intelligence (EQ), is the ability to interpret and express emotions and use these emotions to facilitate thinking, understand reasoning, and effectively handle interpersonal relationships. Simply said, being able to understand and assert control over circumstances you face on daily basis. Even though I’m not an expect in the subject matter, I just read a…
Real Estate Crowdfunding with Fundrise
In an earlier post, I talked about creating multiple streams of passive income. Real estate has been on our radar for sometime now and becoming landlords is what we had in mind until we discovered Fundrise. Crowdfunding refers to raising money from public investors through online platforms. Fundrise, established in 2012 in Washington, D.C. is…
Preserving Wealth For Generations To Come
When we started this blog, we made a point to leave a wise financial legacy that will benefit our family centuries from now. How do we go about doing that? Developing a system of values and traditions that will help our family stay together and preserve wealth. Adam Smith back in 1776 in the Wealth…
Family Road Trip
The tail end of the summer is when we usually pack our bags and head out for some summer fun across US or Europe. This year we have decided to take on a 4,000 miles or 6,400 kilometers journey across US traveling through 10 states in 30 days. First Stop The Show Me State We…
The Drummonds Had Something Going!
Our Minimalist Lifestyle This morning, I was talking to a few women at church and we were discussing the finer points of living in a minimalistic fashion. The conversation, was basically them trying to get a grip on how we live and trying to convince themselves that it would be good for them too, if…
More Family Time Please
It could be an Atanasov thing, but growing up, I was exposed to the effects a work relationship had on our family life. Both of my parents were hard working individuals, up until retirement. They spent most of their working career providing for us and making sure all of our necessities were met. As a…
