Finance, Fitness, Family, and Fixing Bad Advice

Jun 04, 2021

Welcome to the best personal finance advice on the web.

Chad personal finance means we treat you like a high IQ & successful adult. You are a Chad / Chadette somewhere deep down inside. We are going to help you find it.

What do we cover?

Well for one, we are going to tell you the REAL way to grow wealth, over and over and over. Then we are going to go over big boy financial topics:

How to Boost Your Investments with Options
How to Utilize Financial Instruments For Generational Wealth
How To Retire Wealthy
The Best Frameworks To Make Decisions With

Honestly, reading through this substack will put you in the top 0.0001% of the population for financial literacy.

Who The F is This F’er?

We are just an anonymous cartoon character on the internet who may or may not be financial professionals in real life.

There are rumors that we possess credentials as an actuary, financial analyst, risk analyst, and financial planner. Allegedly, careers have spanned asset management, insurance & annuity pricing and valuation, options hedging, and lots of consulting.

In short, we have been very successful across the finance world.

We are set. Our success is all-but-guaranteed.

And now we want to give back and help you figure out the world of personal finance.

Why Are You Doing This?

We may not be young, star-eyed Zoomers. We may be more a part of Gen X than the bleeding-heart Millenial, but we are grateful for what life has afforded us.

Over the years working in finance we have seen a major issue with how little most people know about personal finance. (It is almost like it is purposely left out of school curriculum to prevent people from succeeding)

To make matters worse, there are so many gooroos who repeat inane, nice-sounding, but ultimately incorrect, advice…it is easy to understand why most people are so confused about what to do.

Here is our way to give back.

What Do You Get?

You get access to years of knowledge working on cutting edge financial and insurance products that are built on decades of school and credentialing exams. (A single one of those exams will run you thousands in study materials then hours of working through 100s of pages of dense material.)

You get access to us, through comments, email, or DMs. Most of our posts get prioritized based on a question from a subscriber.

And you get nice synthesized information delivered with humor.

Where To Start?

We will try to keep this section updated as a sort of table of contents.

Retirement Planning With The ‘Tism Series

You have heard all the rules of thumb “4% rule, 50/30/20 savings rule, 60/40 allocations, Financially Independent Retire Early (FIRE), etc etc”. Here we actually show how all these rules hold up to a little scrutiny.

When you spend a decade analyzing and managing risk for $10s of billions portfolios, you view risk a big more holisitic (aka much f’in better) than most.

Part 1 - 10% Savings Rule & 50/30/20 Rule

Part 2 - 4% Withdrawal Rule & Retirement Target

Part 3 - Why Every Average Return You See Is Wrong

Part 4 - Sequence of Return Risk

Part 5 - De-risking, Target Date Funds, & Portfolio Allocation

Target Date Fund & De-Risking Basics

Options To Optimize You Portfolio Returns

Options may seem intimidating, but after we lay down the foundations you need, we provide you with the strategy we use to boost our returns in under 10 minutes of work a week.

If you are already making so much investing you don’t want an extra 10% return a year you can skip.

Option Basics #1 - Buying A Call

Option Basics #2 - Buying A Put

Option Basics #3 - Selling A Call

Option Basics #4 - Selling A Put

Option Strategies #1 - Covered Calls

Option Strategies #2 - Cash-Secured Puts

Optimizing Your Portfolio With Options

College Decision Series

For the super young or those raising your own kids, this series covers everything you need to make the optimal college decision.

We have done capital budgeting on million dollar projects and guess what, the same method will let you know if you are making a positive career & college choice vs your other alternatives. (We also let you know about the college industrial complex - the Trillion dollar industry that feeds off the college grift).

Measuring The Value of College #1 - College Industrial Complex Grifters

Measuring The Value of College #2 - Calculating Your College & Career Choice

Measuring The Value of College #3 - Optimizing Your Life

Life Insurance

Life Insurance is confusing. There is a reason that the hardest series of exams for credentials isn’t the bar (lawyers) or a doctor, it is the 9 (ish) exam series to be a Fellow of the Society of Actuaries (FSA).

Sadly, gooroos read a few articles by other gooroos and then confidently discuss insurance. We have a lot of work ahead of us fixing this advice…

Life Insurance Basics #1 - Introduction To The Concept of Life Insurance

Life Insurance Basics #2 - Types of Life Insurance

Life Insurance Basics #3 - What Type Of Insurance Should Young People Get

Better Personal Finance Decisions

Mortgages, car loans, credit cards oh my…

We will leave this catch-all bucket to fill in with all sorts of better financial advice. The '“no debtooors”, “virgin budgetooors”, and “credit card avoidooors” have been waging a war on common sense. Not to mention, they have a completely inconsistent worldview (pay off a 2.5% loan, or avoid that 0% APR new car loan, by paying in cash while talking about the 12% they are earning on investments).

Infinite Free Debt Cheat Code (A Favorite)

Budgeting 101 - A simple Streamlined Setup

Making More Money Is ALWAYS Financially Beneficial

Crypto

We are likely in the top 1% of crypto knowledge. We don’t focus on the topic, but it is growing in importance and use cases.

Can DeFi Disrupt The Insurance Industry Part 1

Can DeFi Disrupt The Insurance Industry Part 2

Why Crypto Isn’t Going Mainstream Anytime Soon

Foundational Knowledge Sharing

Some posts are just here to help with foundational knowledge or to challenge advice you may have heard. Is de-cluttering good? Is lotto bad? What are common fallacies that are steering you wrong?

You can consider this miscellaneous posts that often bring the most value by tying concepts together.

Why You Are Wrong About Lotto

Time Value of Money

All About Averages & Returns

Investing Biases, Fallacies, & Heuristics Part 1

Opportunity Costs - Decision Blindspots

12 Real Career & Money Tips for Graduates

De-Cluttering - Rich People Privilege

Why You Are Wrong on Stock Splits

Health & Family

On occassion, we like to talk about our other 2 favorite topics - Fitness & Family. Health tops all - you can have all the money in the world, but if you are sick and in pain it is going to be hard to enjoy it. Similarly, family is the reason why we do it. We had a lot of fun in our teens living a transient life, we could live on $10k a year. But with a family and kids, you want to make generational wealth.

Consequently, the more fit we are and the bigger our family grows, the more it motivates us to up our finances.

Boys 2 Men - Why We need to bring back manhood rituals to save our sons

Xenoestrogens are making you soycuck

Why You Need High-Quality Water

Dental Fillings Are Making You Sick

21 Ways to Improve Your Life in 2021 Part 1

21 Ways to Improve Your Life in 2021 Part 2