Reminder: It’s Dumb to “Buy the Dip”
Like birds chirping at the rising sun, investors tweet “buy the dip!” at the first hint of the stock market dropping. While it makes sense at first blush, this is a losing investing strategy. Let’s discuss why.
The Best Interest »
Blog
How Many Budget Categories Should You Have?
One of the core tenets of financial literacy is keeping a tidy budget. But a common question in creating a budget is how many budget categories are required?
Feelin’ Risky? You Should Be Rebalancing Your Portfolio
Rebalancing your portfolio decreases your portfolio risk *and* often increases your long-term returns
Rules, Dave Ramsey, and the Sith
Rules. Should we make them absolute (like a Sith lord)?!? Or do we allow for exceptions, even against people’s best interests.
Your FI Number – 3 Easy Steps to Calculate Your Retirement Money Needs
Your FI number—or financial independence number—details how much money you need to successfully retire. Or under the right circumstances, how much money you need to retire early.
Silver: A Golden Opportunity
Take your gold-plated jewelry to the pawn shop, and dump your portfolio into silver dollars. You don’t want to miss this opportunity.