The world of financial trading is one which used to be the realm of only those with huge capital and a background in economics. Now however, it’s a method of making money that a lot of individuals are involved in, and what’s more is that they are self-taught, and invest only very small amounts of…
The 401k is one of the best retirement savings vehicles available. Not only are your investments tax deferred, but most of the time there is an employer match. Nearly everyone has access to a 401k, but many people do not take advantage of them. This is often because they do not know what to do…
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…
As many people progress through their teenage years they start to realize that they can work to make some extra money. Some teenagers will get part-time jobs after school; others will only work during the summer months. Regardless of how or when they earn their money, most of it is simply disposable income. They see…
As we begin our working careers, retirement seems like a distant concept; and rightly so, for many it is 30 to 40 years away. Because it is so far away, many people starting out do not even bother to enroll in the 401k available through work. Those who do enroll will fall into two basic…
One of the oldest debates in the personal finance realm has to do with the tough choice between paying down debt and investing. The argument goes something like this: Paying down debt is pretty emotionally draining (it’s hard to send your money to a creditor each month without feeling like you get anything tangible in…
The goal of retiring some day is to be in a position where you no longer have to earn a living. While some people do so by creating passive income from affiliate marketing (or multi-level marketing), and some people have a knack for creating websites that can basically run themselves, most people get to the…