During the pandemic, we learned that Americans can save a lot more money if we want to. Take a look at the historical American personal saving rate chart according to the U.S. Bureau of Economic Analysis and the St. Louis Fed. After lockdowns began on March 18, 2020, the U.S. personal saving rate skyrocketed from […]
Americans Can Save A Lot Of Money If We Want To, Don’t Worry! Read More »
You don’t need to be a great investor to make lots of money. You just need to be a good-enough investor. Once you’re good enough you’ll be able to ride an almost constant tailwind toward financial independence. Further, you’ll learn to no longer blow yourself up and lose all your progress. One of my favorite
How To Become A Good-Enough Investor: Investing Lessons Since 1996 Read More »
In order to become a good-enough investor, it’s worth doing a post-mortem analysis of your investment calls. Constantly reviewing what we got wrong and what we got right is important for improvement. We must not confuse any investment outcome with improper reasoning. If we do, we will suffer from Dunning-Kruger, which could lead to deleterious
Post-Mortem Analysis Of A Bullish Investment Thesis Read More »
Contrary to popular belief, the ideal retirement age isn’t as soon as possible. Retire too soon and you may feel empty for never living up to your true work potential. Retire too late and you might always be left wondering what could have been if you had changed course sooner. For example, a 35-year-old couple
The Ideal Retirement Age To Minimize Regret And Maximize Happiness Read More »
Something crazy just happened. FTX, formerly the second-largest cryptocurrency exchange, collapsed overnight. It went from a valuation of around $16 billion to a negative valuation due to a liquidity crunch and debt. How did this happen? FTT, a crypto coin that the FTX exchange issued, plummeted in value because Binance, the largest cryptocurrency exchange, said
The FTX Crypto Exchange Collapse: Lessons We Should Learn Read More »
Suing your employer as part of a mass layoff is probably not going to get you anywhere. Instead, you will likely end up wasting your time and money. In addition, you may also end up hurting your reputation and future employment prospects. Even after 10+ years of being unemployed, hearing about mass layoffs is still
Suing Your Employer For Laying You Off Is Probably A Bad Move Read More »
Want to get into an elite university? Develop a better personality so you can receive a higher personality score during the admissions process. In the Supreme Court case regarding using race-conscious admissions (affirmative action) at Harvard University and UNC, we learn Harvard assigns a personality score to every applicant. By assigning a lower personality score
How To Develop A Better Personality To Get Into An Elite University Read More »
On November 2, 2022, I published this post when the S&P 500 was at 3,750. Based on the latest Series I Bond rate, I thought it was a bullish economic indicator. As a result, I bought stocks. Please review my thought process and how I think as an investor since 1995. In a bear market,
The Most Bullish Economic Indicator Yet: A Lower I Bond Rate Read More »
As someone who wrote a book on how to negotiate a severance package, it always makes me happy to see public case studies. The latest case study is on the “golden parachutes” received by three ex-Twitter executives. A golden parachute consists of substantial benefits given to top executives if the company is taken over by
The Golden Parachute Severance Package: Oh How Sweet It Is! Read More »
Deciding whether or not to have life insurance is an individual decision. Whatever you decide to do or not do, it’s important to make an informed decision that’s best suited to your family’s needs. To help you learn more about life insurance, let’s debunk some of the biggest life insurance myths. This post is brought
Top 10 Biggest Life Insurance Myths Debunked Read More »
