Money Archives - Page 14 of 55 - The Outlier Model

I Should have made Small-Scale Investment Risks (in Myself) long ago

Allen Francis / March 2nd, 2020 / No Comments

Several years ago, I converted a small academic pension into a decade long annual annuity. I used to be a teacher and an academic adviser many years ago. So, I had a small pension that I could have looked forward to in old age. A mini-retirement nest egg. When I converted my pension into an annuity, the investment and pension company created a contract where I would receive an annual payment for a...

Posted in: Business, Career, Career and Work, Education, Money, Personal Finance, Philosophy Tagged with: business

Countries Where you can buy a Second Passport

Allen Francis / February 20th, 2020 / No Comments

One of my favorite plot tropes in action films is when the agent/spy/hero goes to a safe deposit box in a secure location, pulls out numerous documents, the currency of multiple countries, and plots their next move. I would always imagine that it was I who was shuffling multiple passports of various countries and contemplating my next move. Well, you can’t own a dozen passports like Jason Bourne...

Posted in: Business, Career, Career and Work, Life Hacks, Money, Personal Finance, Philosophy, Real Estate, Retirement, Travel Tagged with: passport

I Recognize Charity Scams now – Giving Blindly is like Burning $

Allen Francis / February 14th, 2020 / No Comments

Charity scams are always successful because people are always willing to give trust on demand, and ignore flaming warning signs, for causes they want to believe in. When I talk about charity or donation scams, this can refer to large scale charity corporations all the way down to street buskers yodeling off-key in the hopes of getting your spare bucks. I used to give money to people on the street...

Posted in: Money, Philosophy Tagged with: charity

Side Gigs That Make More Money Than A Full Time Career

Allen Francis / February 5th, 2020 / No Comments

The average American makes about $47,000 annually, or about $900 weekly for the typical 40-hour workweek. Even though the unemployment rate is the lowest it’s been in decades, many Americans are struggling with making ends meet. If you have marketable skills, or an enterprising spirit, then there are many part-time side gigs where you’ll make good money. In fact, you might make more money with...

Posted in: Career, Career and Work, Money, Online Income, Personal Finance Tagged with: part time job, side gig