Inaction Is Not Inactivity
As an investor, inaction is your friend. But it’s important, paradoxically, that we differentiate inaction from inactivity.
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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 wife and their dog, where he works in wealth management. Follow Jesse on Twitter: @BestInterest_JC
False Proxies That Deceive Your Finances
False proxies are misleading indicators that don’t align with the desired outcome you thought they did. And they can ruin your finances.
A Magical Lesson from Monthly Stock Returns
Stocks’ positive returns come from an incredibly small percentage of periods. If you miss out on those infrequent periods, you’re screwed.
“An Extraordinarily Dangerous Path…”
What does highly-respected NYU professor Aswath Damodaran say about stock traders looking to get rich quick?
The Better-Than-Average Financial Millennial
What’s the average salary and net worth of millennials? And what steps can you take to improve your financial position?
Are 401(k) Loans Worth Pursuing?
401(k) loans allow you to access $50,000 or 50% of your 401(k), mostly tax-free. But still…is the juice worth the squeeze?
The Top 5 Regrets of the Dying
Personal finance is, ultimately, about allocating the limited resources in our lives. No resource is so limited, and thus so important, as our time. The list below is an important reminder of that.
Money is Fungible
If you don’t understand how money is fungible, you’re setting yourself up for future personal finance mistakes.
Stocks Are NOT A Short-Term Investment. Here’s Why…
Stock market investing has far too many bad outcomes over short periods. You’ve got to be a long-term investor.
The Needle in the Haystack
The stock market has few needles. Missing out on them negates the purpose of stock investing in the first place. Your best bet – literally – is buying the whole haystack.