At some point in the last century, leaders from every industry came together and agreed to forego the English language in favor of incomprehensible industry-specific jargon. The main objective was to put up walls around each industry so that "outsiders" would no longer be able to understand what's …
Investing
Warren Buffett’s Million Dollar Bet is Good News for You and Charity
Warren Buffett is one of the most successful investors of all time. His knack for investing in undervalued businesses and watching them grow has landed him on the list of the wealthiest people in the world (fun fact: Warren Buffett's net worth rose a staggering $37 Million per day in 2013). While …
Why I Invest in the Stock Market (knowing that it’s rigged)
Is the stock market rigged? Some people think so. And after reading Flash Boys, it's difficult to disagree. Michael Lewis (the author) is known for shining light on dark places and bringing transparency to otherwise opaque industries. If his name sounds familiar, it's because he also wrote The …
What if I Increase my 401(k) Contribution by 1%?
I was 23 years young and I was working my first "real" job (post-college). I still remember the day when my Manager dropped the big binder on my desk labelled "Benefits." Once I selected my health insurance (hardly knowing what a deductible is), I shuffled through a section titled "401(k)." I …
Do Better Than Your Friends In The Stock Market With This Simple Advice From Warren Buffett
Investing is intimidating. Between all of the investment options and all of the talking heads sharing their differing opinions, the task of choosing where to invest and when to invest can be daunting. Thankfully, I have already explained WHEN TO INVEST in my popular article titled "How Would …
The Actual Math Behind Paying Down Your Mortgage vs Investing
One of the most popular debates among Personal Finance enthusiasts is that of “paying down debt” versus “investing.” For example, people ask: “Should I pay down my mortgage or add to my 401(k)?” -or- “Should I pay off my student loans or open a Roth IRA?” Although the debt and the …
Investing Basics: Time Horizon, Risk Tolerance and Asset Allocation
When you begin investing, there are a lot of fancy phrases that will be thrown in your face. But, don’t get overwhelmed. Every industry, in an attempt to exclude outsiders, creates their own, over-cluttered codification full of unnecessary jargon and ridiculous acronyms. From cost basis and back-end …
