I’ve mentioned before that I can’t tell the future. That’s still completely true. But I can make an educated guess about my financial future using the number 72. Specifically, I can predict the future by using the Rule of 72. What is the Rule of 72? Only everybody’s favorite … [Read more...] about The Number That Can Help You Predict The Future
Finance Fridays
What To Do When There Is A Market Correction
I’ve been meaning to write this post for a while, but I was putting it off in favor of the Investing Series lessons I was asked to write. It’s related to investing, for sure, but I was hoping to finish writing about different types of investments before I got to this. Whelp, … [Read more...] about What To Do When There Is A Market Correction
Investing Series: Index Funds
Last week, I defined mutual funds and exchange traded funds (ETFs). Mutual funds are funds with a bunch of different securities in them, are actively managed, and are valued after close-of-business. ETFs also have a variety of securities, are passively managed (by tracking an … [Read more...] about Investing Series: Index Funds
Investing Series: Mutual Funds and Exchange Traded Funds
Okay. We've talked about stocks and we've talked about bonds. I've mentioned before that I don't recommend most people buy individual stocks unless they are willing to do a lot of research. So now let's get into some different investment vehicles that I do recommend buying, shall … [Read more...] about Investing Series: Mutual Funds and Exchange Traded Funds
Investing Series: Risk vs Reward
Every once in awhile, someone will ask me what they should invest in. I never make specific recommendations, as I never know their full story and each investment decision should be made with the complete picture in mind (money available, goals, time horizons, etc). But I’m … [Read more...] about Investing Series: Risk vs Reward