Surely that’s a typo…ergodicity!? No, it’s right! Ergodicity is a powerful concept in economic theory, investing, and personal finance.
Author: Jesse Cramer
Jesse Cramer created The Best Interest to explain personal finance and investing in simple terms. His writing has been featured by CNBC, MSN, The Motley Fool, and other national publications.
He resides in Rochester, NY with his girlfriend and their dog.
Follow him on Twitter: @BestInterest_JC
Alternatives to 401(k)s: Other Routes to Retirement
For most of us, a 401(k) is our main approach to saving for retirement. The concept is easy—stash away money now and use it later. But there are alternatives to 401(k) accounts…and for good reason!
Bimodal Spending: Say “Hell Yes!” or “No”
I had a creative brainstorm this week. An idea—that I’ve dubbed bimodal spending—overtook my mind. And now I want to convince you to adopt it in your life.
The GameStop Short Squeeze Explained: 10 Questions and Answers
You have questions, I have the answers. Let’s talk through the GameStop short squeeze of January 2021.
Priced In: How The Stock Market Reacts to News
Confused by the market? “Priced in” means that future news or events are already being considered in determining the price of a stock.
Updated Trinity Study and the 4% Rule- 2021 and Beyond
Using Wade Pfau’s data and “predictions” of the future, we’re creating an updated Trinity Study to use for our retirement planning.
Improve Your Finances in 2021: A Guide
Looking to improve your finances in 2021? These four simple steps apply to anyone looking to improve their personal finance.
Explaining Bitcoin in Simple Terms
Bitcoin might change the future of humanity. Yet nobody understands it. The solution? Explaining Bitcoin in simple terms.
Smart Tips for Starting a Small Business
Winston Churchill once said that “Success is not final; failure is not fatal. It is the courage to continue that counts.” This is the type of mindset that creates successful business founders and leaders. In business, failure and difficulties are…
Average Net Worth Targets by Age
Are you on track to meet your goals? Understanding your net worth targets by age will help you plan for your (and your loved ones’) future.