There are many seekers of financial independence and early retirement (FIRE). Many depend on financial advisors to help them reach a comfortable retirement. To reach FIRE faster, however, you may have to fire your financial advisor! I have always managed my finances on my own, and you can too. For those with any […]
This is a guest post by Jacob Evans @ DollarDiligence. The topic of student loans is always current on people’s minds, especially those with kids or young adults in college or many having college debt. Persistent student loans (or lack thereof) plays a significant part in your net worth journey. College costs are not in […]
As you move up the career and net worth ladder, you will be presented with opportunities from generally well-meaning friends, colleagues and aquaintances about the exciting world of ‘angel investing’. You probably already heard the words before and perhaps even imagined fantasy visions of getting a mouth-watering 100x or 1000x returns from picking the next Google, […]
In the world of deception, there are lies, damned lies and statistics – in that order (as Mark Twain said). What makes statistics so dangerous is that it often comes under the garb of “data” but is subject to all sorts of cognitive biases. Recently, The Wall Street Journal (WSJ) published an article – […]
Happy April Fools’ Day. Do you want to play a game? It costs absolutely nothing and it’s fun. It also doesn’t require any batteries! I assure you, this is no April fool’s joke. Today, I want to present a game that encourages you to stay on your journey towards financial independence and early […]
Today is the last working day of a 29-year young professional in my team. A month ago, he walked into my office with a long face and with timid words, he said he wanted to quit his job. He was an above-average performer, and was clearly competent in his job. While I could […]
Millennials have a unique set of challenges that many don’t always relate to. So, I thought we should hear from millennials directly on personal finance. Today’s post is from Lauren Richardson, a recent graduate of the University of Minnesota. As she takes some time to travel before entering the workforce, she hopes to help her peers […]
The following is a guest post from Good Nelly. Most TFR readers are probably well beyond their college years, but some may be pondering this for their kids or even to acquire a new degree for themselves in a field of their interest. College can provide a great head start in life and even help […]
Junior named this blog inadvertently.
Remember your school math class? Don’t want to remember? Ok, I don’t blame you.
Raman Venkatesh is the founder of Ten Factorial Rocks. Raman is a ‘Gen X’ corporate executive in his mid 40’s. In addition to having a Ph.D. in engineering, he has worked in almost all continents of the world. Ten Factorial Rocks (TFR) was created to chronicle his journey towards retirement while sharing his views on the absurdities and pitfalls along the way. The name was taken from the mathematical function 10! (ten factorial) which is equal to 10 x 9 x 8 x 7 x 6 x 5 x 4 x 3 x 2 x 1 = 3,628,800.