Have you heard of analysis paralysis? It’s when you spend so much effort thinking about every facet of a situation that you become bogged down and end up never making a decision. While analysis paralysis can affect a lot of aspects of life, here I care about how it affects your … [Read more...] about The Easiest Investment Fund You Can Choose…and its downside
Finance Fridays
Investing Series: What the Heck is a P/E Ratio???
When you invest in a stock, you want to make sure you are buying it at a good price, right? But this isn’t Walmart. You can’t compare the price of Coca-Cola stock to the price of PepsiCo stock and say “this week I’ll buy PepsiCo because it’s cheaper.” Well, actually, I guess you … [Read more...] about Investing Series: What the Heck is a P/E Ratio???
The Number That Can Help You Predict The Future
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
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