How to Create an Asymmetric Investment

In case you don’t know what an asymmetric investment means, asymmetry is the opposite of symmetry. Thus, in a “symmetrical” investment (for example, you bought stocks), the probability of those stocks going up and going down is theoretically 50-50 (hence the symmetry). Oppositely, in an asymmetric investment the probability is jiggered in your favor beforehand…

Personal Finance Week in Review for May 12, 2013 – Happy Mother’s Day

Happy Mother’s Day to all of the Moms.  Today is truly a special day, because we get to celebrate the ones who have made life possible.  I am so grateful for everything that my Mom has done for me.  She is a remarkable person and has helped me become the man I am today.  This…

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Why Financial Literacy Should Be Important to All of Us

When you were in high school, you undoubtedly took writing classes or classes that taught you about American history. Some of you may have even taken a class that taught you how to cook. But, I am guessing not many of you took a class that taught you about personal finance and how to manage…