The Golden Rule of Personal Finance
Want financial success? Here’s the most important foundational rule – but it’s usually ignored.
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 fiancee and their dog, where he works in wealth management. Follow Jesse on Twitter: @BestInterest_JC
Is Life Insurance Better Than Traditional Investing?
“There are lots of social media videos where “experts” say life insurance is a superior investment to 401(k) and IRA accounts. Sounds weird to me, but you guys are the experts – what are your thoughts?”
60% of Monkeys Beat the Market in 2022, But…
It’s statistically “easy” to beat the market during a bear market. But here’s why we shouldn’t try to do it…
Is Investing a Zero-Sum Game?
“Jesse – when you zoom out on investing as a whole, isn’t it all zero-sum game? Can’t we only have winners when other people are losers?” Let’s dive in!
Nowhere to Hide: Why 2022 is a Uniquely Bad Investing Year
2022 is different – and worse – for investors than any year since 1950.
Omission, Commission: How Not Acting Can Cost You Millions
Does omission – the choice to *not* act – absolve us of responsibility? Historical investment performance says otherwise.
“Opportunity Paranoia” and 6 More Ways Your Brain Sabotages Your Money
“Less is more. Too much is stressful.” Analysis paralysis can sabotage your finances unless you learn to fight against it.
Incentives, Witch Hunts, and Chess
On the on-going mainstream chess drama and the economic lesson to learn from it.
Net Worth, Projects, and Dogs – Update Q3 2022
Another quarter in the books! Every three months, I’ll be taking a look at my personal finances, recent news from The Best Interest, and more dog pictures.
The “Debt Avalanche” Always Wins
What’s the best way to pay off debt? Use the “avalanche” method. Always.