Inaction Is Not Inactivity
As an investor, inaction is your friend. But it’s important, paradoxically, that we differentiate inaction from inactivity.
As an investor, inaction is your friend. But it’s important, paradoxically, that we differentiate inaction from inactivity.
False proxies are misleading indicators that don’t align with the desired outcome you thought they did. And they can ruin your finances.
Stocks’ positive returns come from an incredibly small percentage of periods. If you miss out on those infrequent periods, you’re screwed.
What does highly-respected NYU professor Aswath Damodaran say about stock traders looking to get rich quick?
What’s the average salary and net worth of millennials? And what steps can you take to improve your financial position?
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?
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.
If you don’t understand how money is fungible, you’re setting yourself up for future personal finance mistakes.
Stock market investing has far too many bad outcomes over short periods. You’ve got to be a long-term investor.
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.