Everyone knows who Warren Buffett is, even those who do not invest a dime in the stock market. However, not too many people outside of the investment and business world know the name Ray Dalio. But they should, he is a hedge fund manager that manages over $100 billion in assets and is one of [...]
Many have tried day trading, and an overwhelming majority have failed. However, for every 99 that fails miserably at day trading, there is always that one success story. So what do these successful day traders have that the overwhelming majority of day traders don't? It's not access to capital. Rather, it is a set of character traits [...]
With pension plans a thing of a past and Social Security benefits uncertain, your 401k plan is by far the most important vehicle to a safe retirement. So in order to secure a good retirement, how much should you have in your 401k by 30? We will answer this use four different scenarios. In all [...]
The old adage is that the only way to truly make it in America is with a college degree. And it seems even that is hard nowadays. For evidence, all you need to do is turn on the news every night and hear disheartening stories of down-and-out college graduates working for minimum wage. However, that [...]
To understand how the Federal Reserve increase money supply, it is important to first understand the meaning of money supply, which we will think of as: money which is available (in the economy) for use. Second, you must remember the three parties that influence the money supply: The Federal Reserve Banks Households that deposit money It will [...]
Many people think that investing in stocks is a surefire way to get rich and hit the jackpot. The reality couldn't be further from the truth. See, the truth is that to get average returns that beat inflation, all you need to do is put it in an index fund. Index funds will match the [...]
Economic indicators are useful in telling us whether the economy is doing well or not. They indicate whether an economy is heading in or out of a recession, or if the economy is experiencing a boom. There are a lot of economic indicators and sometimes they may contradict one another. Thus, it is important to look at [...]
Every investment/asset will have inherent risk that comes with it; no risk no reward. The amount of risk will vary with each asset. But no matter what kind of asset it is, there is always a chance of an asset bubble. An asset bubble is the result of human emotion in play in the markets. Investors [...]
