Every TikTok financial guru and #MoneyTwitter account will give you the same advice. Max out your 401k contributions, skip the Starbucks in the morning, do 100 pushups when you wake up, and pay off your debt to reach financial independence. This may work for some people, but it’s far from gospel. Here’s an interesting fact: … Read more
Saving money is extremely important, but what do you do after that? Due to inflation and low interest rates, money in your bank account actually loses value over time. In order to increase the value of your money over time, it needs to be invested. There are many strategies out there, but the most popular … Read more
The stock market is a mysterious entity. To some, it may seem like a casino. Others see it as an ATM. With the rise of Robinhood, more and more individual investors have been pouring money into the stock market. I’m sure you’ve seen your friend or neighbor talk about their portfolio gains, and I have … Read more
We’re in the midst of troubling times in the United States. Social and economic issues are battering our minds like waves in a storm. And the worst is yet to come. Employment numbers continue to improve, but we haven’t even seen the full economic effects. As stock market volatility ticks up and benefits start to … Read more
Robinhood has taken the world by storm. Millions of people are flocking towards this brokerage app, and it has firmly established itself as the go-to platform for many millennials and ‘zoomers’ alike. While everyone’s rushing to put their money into Robinhood, has anyone stopped to think about the company itself. How reliable and trustworthy is … Read more
Due to their capability for large losses, stock options have earned themselves a bad reputation. Over the years, they have become the boogieman of investing due to this perceived risk. It’s true, you may experience very large losses in options… if you misuse them. I follow a strategy where it is impossible (yes, impossible) to … Read more
He’s the best investor in the world–and a pretty good ukulele player. From 1965 – 2019, his company, Berkshire Hathaway, averaged a 20.3% yearly return. The S&P 500, by comparison, averaged a 10% yearly return for the same period. He’s been beating the market for over 60 years, and lucky for us, he’s been very … Read more
What is going on in the stock market right now? Just like your wedding night, there’s plenty of ups and downs. It seems like every day there’s a new all-time record followed swiftly by a big drop. Unlike your wedding night, it seems like this is going to last a while. When you rely on … Read more
Everyone’s heard the same advice: “Don’t just sit on your money, invest it in something. You’ll never get ahead keeping your money under your mattress.” While this is true, it’s funny how they never specify what that “something” is. Let’s change that. Here are the steps I would take in order to start investing in … Read more