How to Triple Your Investment Returns

I fully anticipate a steep drop in the stock market in the near future. If I were to guess, I would say it will come in 2017, but maybe it will be next year.

We’re overdue for a recession. Since World War 2, we’ve had a recession about every five years on average. The last one was in 2008. I’ll let you do the math on that.

We also have a president who has campaigned on threats of trade wars and a Congress who is looking to pass an import tax this year.

So what am I doing to prepare for the upcoming dip? Continue reading “How to Triple Your Investment Returns”

Politics and the Things We Can Control

Last week we talked about the Serenity Prayer and the importance of being able to let go of things that are outside of your control. Today, we’re going to talk about why this is not an excuse for tuning out politics.

It is quite popular in the personal finance community to argue that we should be disengaged from politics. That elections don’t really matter. That we shouldn’t be wasting our time investing in candidates or caring about elections.


This was an especially prevalent topic this past November. The whole world seemed to be hanging on every word out of the candidates’ mouths, and the personal finance blogosphere was having none of it.

Today I want to present a different view.

Elections matter. Government matters. Politics matters. And we need to do the things that are within our power to influence these things to the best of our ability.

Continue reading “Politics and the Things We Can Control”

Make a Plan! (Or Don’t)

Here at Optimize Your Life we’ve talked about the need for more focus in our lives.

One way to achieve that, which we have explored previously, is to avoid multitasking.

But multitasking is not the only force assaulting our focus. One other major distractor is unfinished tasks. Continue reading “Make a Plan! (Or Don’t)”

The Things We Cannot Change

There is often a great power in quotes.

When someone can distill an idea or a philosophy into a short, memorable collection of words, it can become a kind of mantra for people. It can be a reminder of how they want to live their life and how to be their best selves.

One example of this is the Serenity Prayer. Continue reading “The Things We Cannot Change”

Being More Productive By Doing Less (At Once)

In my last post I discussed multitasking as something to avoid. I pulled one quote and one experiment to show that multitasking was bad and then moved on with my point.

As a lawyer, I feel the need to double back and support my argument. While many of you agreed, I recognize that I have not actually done the work to convince you that multitasking is, in fact, bad for productivity.

Everyone does it these days. There is so much going on and so many different sources of media that you can’t always help it.

Plus, aren’t you getting more done by doing multiple things at once? Doesn’t squeezing more things into the same time slot mean that you can accomplish more?

Well, no. And here’s why: Continue reading “Being More Productive By Doing Less (At Once)”

How You Do Anything is How You Do Everything

There is a quote attributed to Aristotle that is very popular in the online entrepreneur community lately.

“We are what we repeatedly do. Excellence, then, is not an act, but a habit.”

(It is actually a quote from Will Durant in a 1926 book providing his own summary of Aristotle’s position, but it sounds more powerful coming from a father of western philosopher than from a 20th century writer that nobody knows.)

The quote is nice. It sounds important and stresses habit building. Cool.

But it never clicked with me.

Continue reading “How You Do Anything is How You Do Everything”

Dave Ramsey’s Baby Steps (and Why I Ignore Them)

Believe it or not, I have had multiple conversations about Dave Ramsey over the past couple weeks.

Dave Ramsey appears to be the introduction to personal finance for a lot of people out in the real world. While there are hundreds of great personal finance blogs, people are much more likely to stumble across the best selling personal finance book or the radio host that wrote it. Continue reading “Dave Ramsey’s Baby Steps (and Why I Ignore Them)”

One Tax Season Tip to Save $9,000

I spend a good deal of time preparing taxes this time of year.

My own, sure, but also lots of other people’s. I prepare taxes as a side hustle.

As far as side hustles go, it’s pretty good. The money is solid for a side gig. I can work as much or as little as I want. I get to work with numbers, which is something that I miss in my current day job.

And yes, I recognize that that last line may not be a selling point for most people.

I have learned a lot through this job, but there is one lesson in particular that I want to talk about today.

Nobody is putting enough money in their 401(k)! Continue reading “One Tax Season Tip to Save $9,000”