In The Only Guide To A Winning Investment Strategy You’ll Ever Need, Larry Swedroe dedicated a major portion of the book to the discussion of the Efficient Market Hypothesis (EMH), specifically to explain why investing in passively managed funds is a winning investment strategy. What is Efficient Market Hypothesis? The Efficient Market Hypothesis asserts that … Read moreEfficient Market Hypothesis (EMH)
Credit cards make it easy for us to buy now and pay later. This mindset is pervasive and dominant in the United States, and it keeps many Americans financially imprisoned. I can still remember when there was no credit card, and I had to save for what I want. Morpheus offers him the chance to … Read moreThe Cost of Instant Gratification
One of the commonly touted advantage of real estate investing is the financial leverage that can result in enormous return on investment. A typical example usually compares investing an amount in real estate versus the stock market, where the return on investment for real estate investing far exceeds that of the stock market. For instance: … Read moreReal Estate Investing: Return On Investment and Leverage
In the first post How Much Life Insurance Do I Need?, I worked with my insurance sales agent on how much life insurance my wife and I need. One of his suggestions is to buy a minimal amount of whole life insurance so that we have a little something to take care of our final … Read moreShould I Buy Whole Life Insurance?
Whenever the question of paying for college comes up, it seems to spark a heated debate. Some parents want to pay for it all, others are firm believers that their children should have to put themselves through college, and there is a third group that thinks half and half is a good solution. When we … Read morePay For College or Make Them Work for It?
When it comes to budgeting, there are two main camps on this matter — either you swear by it, or you believe budgeting doesn’t work. For example, Nickel coined the term reverse budgeting and pretty much said he saves as aggressively as he could and let the chips fall where they may. On the other … Read moreNo Budget, No Problem: Achieving Financial Success without a Budget
Recently, I wrote about lending money on Prosper, which is one of the many peer-to-peer lending networks that are popping up everywhere. The post itself didn’t say anything about socially responsible investing (also known as, SRI, morally responsible investing or ethical investing). However, a lively discussion on this topic came up when Kevin stated his … Read moreWhat is Your Thought on Socially Responsible Investing (SRI)?
This article is part of the Money Matters for All Ages group writing project being conducted by the M-Network and other blogging friends. See the bottom of this article for the full list of participants and links to their articles. Please check back daily, as I will update the links as new articles are posted! … Read moreMoney Matters for All Ages – The Chaotic Thirties
On Monday night, I stumbled upon the Dave Ramsey Prime Time on Fox Business Network Show and stopped channel surfing to watch it. I heard about Dave Ramsey through my friends — many of whom greatly admire him (e.g., Ana, Randall, Lynnae, Gibble, and Mrs. Micah). Personally, I like how he helps thousands of people get … Read moreDave Ramsey’s College Savings Advice
In “Using Pareto Principle to Improve Personal Finance” post, I demonstrated how we could use the Pareto principal to focus our limited resources on the things that will give us the most benefits. Raymond from Money Blue Book commented: Interesting concept — so is it suggesting that I would be better of not trying to … Read moreQuick Wins, Pareto, and Personal Finance