Poor People: Hope, Risk, and Education
Perhaps it’s just a pipe dream, but I think education is a cost-effective way towards a better future.
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 wife and their dog, where he works in wealth management. Follow Jesse on Twitter: @BestInterest_JC
Perhaps it’s just a pipe dream, but I think education is a cost-effective way towards a better future.
I am not a money genius. I’ve touched many proverbial “hot stoves,” and the Best Interest is part of my scar tissue. Today, let’s dive into seven of my money mistakes and the lessons I’ve learned from them.
Surely that’s a typo…ergodicity!? No, it’s right! Ergodicity is a powerful concept in economic theory, investing, and personal finance.
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.
You have questions, I have the answers. Let’s talk through the GameStop short squeeze of January 2021.
Confused by the market? “Priced in” means that future news or events are already being considered in determining the price of a stock.