The Rule of 100 Answers The Question: What Asset Allocation Should I Have? I overheard a friend of mine say that he was having difficulty selecting investment options within his 401(k). With such a long time-horizon, he was aware of the aggressive strategy he should have (more stocks than bonds), …
Investing
Market Update: Whatcha Snow About That?
The snow season thus far in Colorado has been a bit of a mixed bag. The start of the season was horrendous and conditions did not start to improve until about three weeks ago. But even when there was fresh powder, it was skied off the mountain quickly unless you knew where to find the "hidden …
CD’s are for Hypocrites
I would venture to say that there are two investment products people learn about before any others - Stocks and CD's (Certificates of Deposit). Assuming most people learn about these two options when they're young, I would think the way they were explained was elementary. Something like: Stocks are …
One Funny Superhero – ECONOMAN
The year was 1987. Although I was only 2 years old at the time, I remember it like it was yesterday. It was the first time (of many) I heard Gordon Gecko speak. I didn't only hear Gordon, I listened to him. I hung onto his every word. He said, "Greed - for lack of a better word - is good." This line …
Liar’s Poker Favorite Excerpts
I just finished reading Liar's Poker, a hilarious book I would strongly recommend to any potential investors. I thought it would be useful to share my favorite excerpts from the book. Michael Lewis takes you through his adventures as a Bond Salesman working on Wall Street (Salomon Brothers) during …
Week In Review: Abe Link-In Review
Today is when I would normally highlight my favorite 5 articles written from other Personal Finance bloggers throughout the week. Due to a hectic schedule this past week I wasn't able to surf the internet as I normally would (people still surf the internet, right?). One article I will always …
Investing Tip: The Rule of 72
I used to be incredible at math. My Economics coursework in college was filled with so much Calculus that my dreams were filled with differentiation and derivatives rather than drunken divas. Isaac Newton used to text me frequently to see what I thought about his laws. But that was the old me. The …