Bonds are not as bad as they seem I see a lot of social media posts that say bonds are drags on accounts and will only lose value over the next decade or so. It’s true that we have been in a long term bull market for the last 40 Read more…
Wealth Creation in the US Stock Market Movies like the Wolf of Wallstreet glamorize the normal dealings of investment firms and active managers. They paint them as wildly successful entrepreneurs and sometimes even horrible scam artists, or a combination of the two. However, the reality is a bit different. It’s Read more…
Can bringing your lunch save you $2,000 or more dollars per year? Let’s begin with a bit of backstory. I started my career off at Goldman Sachs working in the foreign exchange department fresh out of college. I was making pretty decent money for a young grad and had very Read more…
Stocks for the long run is almost always a good idea, or is it? It’s generally a good bet that being in stocks will provide inflation beating returns. A lot of papers have studied this phenomenon in the past and concluded that this. For example, Vanguard has looked at Read more…
Vanguard Research This paper by Vanguard seeks to outline and determine if the US market will continue to out preform for the next decade. As we enter 2021, it’s important to guide our future expectations about returns. There are some ways in which we can predict future long term Read more…
Savings Rate There’s a lot of financial literature out there telling you how much you should have in retirement the nice “nest egg” amounts often rest around 1 million or more dollars. These are often good numbers to shoot for but, in my opinion, big numbers like that don’t mean Read more…
ETFs and index funds Exchange traded funds, or ETFs as they are commonly called, are often a great way to track a collection of securities such as stocks. These can often track an underlying index of some type – like how the Vanguard FTSE Europe ETF (VGK) tracks the FTSE Read more…
FIRE, the goal we should be striving for The goal, in my opinion, that we should be striving for is called FIRE. FIRE stands for financial freedom, retire early. It sounds a lot like what it is, people attempting to save as much as they can in order to gain Read more…
Credit Cards for Everyday Use In general, our philosophy with credit cards is to get the best deals – like most people. However, we picked a few credit cards that we think are the best of the best for 2021. These cards have no annual fee, no usage requirement, and Read more…
There always seems to be a relatively steady stream of IPOs ripe for investors to be taking advantage of possibly huge gains – or huge losses. IPOs are sometimes seen as attractive to investors because they can get in on nearly the ground floor of when a firm open’s its Read more…