When I was 22 and about to graduate from college I attended a seminar about where to place investment money. A table was shown early in the presentation that I can say literally changed my life. It has been the defining philosophy of my approach to money. The table was made up of five columns. The first column wasContinue reading “The Table that Opened My Eyes to Investing!”
Category Archives: Financial Products
44% of People Can’t Cover an Unexpected $1000 Expense!
According to Bankrate’s 2024 annual emergency savings report only 44% of U.S. adults would be able to pay an emergency expense of $1000 or more from their savings. That is not fantastic and shows that a high percentage of people are simply living paycheck to paycheck. This number hasn’t really moved in several years. HowContinue reading “44% of People Can’t Cover an Unexpected $1000 Expense!”
Understand Demographics as an Investor
While I absolutely love reading fiction as a primary source of entertainment, I recently have started reading Peter Zeihan’s books. He is a political scientist and demographer and has made and continues to make very bold predictions about the global future. I’m a bit obsessed with everything he has to say as he has been proven correctContinue reading “Understand Demographics as an Investor”
Low Fee Index Funds will Beat Hedge Funds Over the Long-term!
During an interview on Bloomberg radio this morning, the person being interviewed (whose name I didn’t get) made a statement that I have written about before in a previous post. He very clearly said that if a person is patient and willing to wait 10-15 years then the Vanguard S&P Index Fund ETF (VOO) andContinue reading “Low Fee Index Funds will Beat Hedge Funds Over the Long-term!”
IRS Tax Withholding Estimator
Taxes are an inevitable part of life for most of us. It is also something that you do not want to mess with as the government is very unforgiving where unpaid taxes are concerned. It is important to understand your tax burden as your investment portfolio grows. While retirement funds in IRAs and 401ks areContinue reading “IRS Tax Withholding Estimator”
Never Try to Time the Market
Yesterday, 13 February, was a good example of why small investors should never try to time the market. You simply are not on the same footing of the big money players on Wall Street that can have big impacts on the market. Yesterday, the S&P 500 dropped approximately 100 points at its low of theContinue reading “Never Try to Time the Market”
A New Way to Think of a Purchase
I just watched a video on Youtube from the Erin Talks Money channel that I wanted to highlight. She brought up an alternative way that new investors should think about purchases. Overall, it is about focusing on the potential tradeoff between a purchase made today versus what that money, if invested instead, could turn intoContinue reading “A New Way to Think of a Purchase”
Earnings per Share (EPS) as a Tool
When you are new to investing or trying to do a quick evaluation of a stock that you are not really familiar with looking at the companies Earnings per Share (EPS) is good to review. Bluntly, it will tell you right away if the company is making money or not. Investopedia defines EPS as theContinue reading “Earnings per Share (EPS) as a Tool”
Simple and Quick Mutual Fund Evaluator
There are thousands of available mutual funds for investors. It can be overwhelming trying to find the best ones for us. Here are my tips that I’ve learned over the years to keep it simple. First, the number of available funds will be cut down significantly if you have a job due to what isContinue reading “Simple and Quick Mutual Fund Evaluator”
Fight for a Good Credit Score
Having a good credit score is something worth fighting for. And, while there are different scoring companies which means you can have more than one credit score, you know at a base level if your score is good or bad. The easiest way to tell is if you pay your bills on time and payContinue reading “Fight for a Good Credit Score”
Patient and Disciplined Saving 