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  • How to Calculate a Stock’s Beta – A Practical Walkthrough

    How to Calculate a Stock’s Beta – A Practical Walkthrough

    Once you understand the what the beta of a stock is and what it represents from a finance and a risk perspective, the next step is calculating it....
  • A Brief History of Work – Most Humans Who Ever Lived Were Small Business Owners

    A Brief History of Work – Most Humans Who Ever Lived Were Small Business Owners

    Most people in history created their livelihood -- either by creating income or by actually producing the necessities of life with their own hand and...
  • Getting to One Thousand – How to Save Your First $1000

    Getting to One Thousand – How to Save Your First $1000

    Every journey begins with a single step. Have you heard of that saying? You’ve probably heard of it and although it might sound cliche, it is...
  • Saving Money is Not Enough – You Must Invest It

    Saving Money is Not Enough – You Must Invest It

    Saving money is the first step to financial freedom and wealth, but it is usually not enough. Simply saving money will force your entire financial...
  • The Fallacy of Composition

    The Fallacy of Composition

    The fallacy of composition is a fundamental fallacy of reasoning or thinking and it arises when we infer that just because something is true of some...
  • 3 Super-powered Tips to Get You to Save More Money

    3 Super-powered Tips to Get You to Save More Money

    Living below your means is absolutely required if you are to build wealth, gain financial independence, and live a life of dignity. However, too many...
  • Handle a Financial Emergency With Skill and Savvy

    Handle a Financial Emergency With Skill and Savvy

    Although we try to live life as wisely as possible, financial emergencies do arise simply because of the unpredictability of life. We might plan, but...
  • What is a stock?

    What is a stock?

    A stock is a share of ownership in a corporation - buying a stock means buying a piece of ownership in a corporation. However, there's more to know...
  • What is a mutual fund?

    What is a mutual fund?

    Although there's no general legal definition for the term "mutual fund," a mutual fund generally refers to an investment fund that is professional...
  • What is an exchange-traded fund (ETF)?

    What is an exchange-traded fund (ETF)?

    An exchange-traded fund is an investment fund (similar to mutual funds) but can be traded throughout the day with general liquidity (like stocks). In...
  • Are you a good saver? Here’s how to become one!

    Are you a good saver? Here’s how to become one!

    To become an excellent saver over the long term you must get some sort of mental reward from saving - if saving is a difficult process (like...
  • 8 Things You Must Do Before Starting College

    8 Things You Must Do Before Starting College

    An undergraduate degree is a wonderful thing and college or university can be an amazing experience. You’ll learn a great deal, but almost as...
  • How to Quickly Rebuild Your Emergency Fund After a Financial Emergency

    How to Quickly Rebuild Your Emergency Fund After a Financial Emergency

    If you've had a financial emergency that forced you to dip into your emergency fund, rebuilding it quickly is crucial to your financial success, even...
  • Why You Must Live Below Your Means

    Why You Must Live Below Your Means

    To be successful and to live a life of dignity and self-respect, every independent adult who is of sound mind must live below his  or her means....
  • 4 Things to Do After Getting Married

    4 Things to Do After Getting Married

    Follow the 4 easy steps below to have a prosperous and successful marriage and to put your new household on the path to financial...
  • Why are most people so bad at investing?

    Why are most people so bad at investing?

    It seems that in most things in life that we try, we quit right before the big payoff. Just like a tiny plant that is about to break the surface of...
  • Do you really need a rainy day fund in the 21st century?

    Do you really need a rainy day fund in the 21st century?

    Today, if you live in the developed world, you have unprecedented financial flexibility that will allow you to get your hands on cash very quickly -...
  • Book Review: Outliers

    Book Review: Outliers

    We've been told (especially millennials) that we are in control of our lives - that we can achieve literally anything we desire as long as we put in...
  • 8 Financial Things to Do After Your Baby is Born

    8 Financial Things to Do After Your Baby is Born

    Are you planning to have a baby? Did you already have a baby? Below are 8 essential things you must do after your baby is born - do them and set...
  • 5 Reasons You’re a Terrible Investor

    5 Reasons You’re a Terrible Investor

    Are you a typical investor? Research shows that the average investor in the United States significantly underperforms when compared to broad indexes...
  • Keep Your Emergency Fund in These 3 Places

    Keep Your Emergency Fund in These 3 Places

    Once you've accumulated your 3-month to 6-month emergency fund you will need a place to put it. Where should you keep your emergency fund? There are...
  • 3 Ways to Build Up Your Emergency Fund Super Fast

    3 Ways to Build Up Your Emergency Fund Super Fast

    You need an emergency or rainy day fund to protect you against all of life's unpredictabilities. But saving up 3-months to 6-months of living...
  • The Infographic Abraham Lincoln Used

    The Infographic Abraham Lincoln Used

    I love infographics - they can represent interesting and useful data in ways that are easy to understand. Sometimes, the very good infographics can...
  • Economics Fundamentals: Scarcity

    Economics Fundamentals: Scarcity

    Scarcity is a fundamental principle in economics that lies at the bedrock of the elegant social science. Scarcity in economics refers to the...
  • Don’t Invest Until You Do These 7 Things

    Don’t Invest Until You Do These 7 Things

    Investing is one of the best ways to grow and preserve your wealth, but you shouldn't start investing unless you've done the 7 things below. Read the...
  • Why You Need an Emergency Fund: The Most Complete Explanation Ever

    Why You Need an Emergency Fund: The Most Complete Explanation Ever

    You know you need an emergency fund in place, but do you know why? All of the financial media says you should have a rainy day fund in place, but few...
  • The 3 Fundamental Economic Questions

    The 3 Fundamental Economic Questions

    Economics, at its core, is about answering three elegant but important questions. They lie at the foundation of the subject and must be answered by...
  • Bitcoin Wallet Review: Coinbase

    Bitcoin Wallet Review: Coinbase

    For my first foray into purchasing Bitcoin I decided to go with Coinbase. Coinbase is a Bitcoin wallet that also provides Bitcoin trading services...
  • The Greatest Infographic Ever Created

    The Greatest Infographic Ever Created

    Drawn in Paris and dated November 20, 1869, Charles Joseph Minard’s Figurative Map of the Successive Losses in Men of the French Army in the...
  • Online Savings Accounts – The Benefits

    Online Savings Accounts – The Benefits

    Online savings accounts have been around for about a decade and provide a solid alternative to traditional savings accounts. You should have a 3...
  • The Properties of Money

    The Properties of Money

    The most basic question that one can probably ask regarding all things finance, economics, and money is “What is money?” We all know that a US...
  • How big should your emergency fund be?

    How big should your emergency fund be?

    This is a topic that’s been covered by every financial blog, podcast, book, or show, but we’ve got to cover it here as part of the basics because...
  • Bitcoin: Buy Some Today (but only a little)

    Bitcoin: Buy Some Today (but only a little)

    I wrote about Bitcoin previously. You can see my original article here. I have learned more about Bitcoin and more about investing, and I have been...
  • Is Your Emergency Fund Too Big? – Calculate Your Monthly Living Expenses the Right Way

    Is Your Emergency Fund Too Big? – Calculate Your Monthly Living Expenses the Right Way

    ​The common financial rule of thumb says that you should have 3 to 6 months of living expenses in your emergency fund. But what does "living...
  • Are you investing or speculating? (The Real Definition of Investing)

    Are you investing or speculating? (The Real Definition of Investing)

    What is investing? You know the word, but do you really know what it means? Are you investing or are you speculating? Knowing what investing really...
  • Book Review: The 48 Laws of Power

    Book Review: The 48 Laws of Power

    In The 48 Laws of Power, Robert Greene takes the reader on a spectacular journey throughout history, stopping at a plethora of interesting...
  • Presentation Fundamentals

    Presentation Fundamentals

    Here are the notes I took from a lecture on presentation fundamentals during my first year in grad school. The lecture was given by a professor who...
  • An Emergency Fund is Like an Insurance Policy

    An Emergency Fund is Like an Insurance Policy

    We all know (or should know) that having an emergency fund is crucial to successful financial planning. Having a rainy day fund is one of the first...
  • Saving and Investing Money is Fun

    Saving and Investing Money is Fun

    Many people think that saving money and investing it is hard. They feel that saving is on the opposite spectrum of fun and involves scrimping,...
  • The Law of Demand

    The Law of Demand

    The Law of Demand can be represented by the following graph - a downward sloping line with Price (P) and Quantity (Q) on the axes. The Law of...
  • More is Always Better (The Non-Satation Assumption)

    More is Always Better (The Non-Satation Assumption)

    Have you heard the saying "More isn't always better" before? That's not true according to economists. An underlying assumption in economics is that,...
  • Lottery Tickets: A Cheap Form of Entertainment?

    Lottery Tickets: A Cheap Form of Entertainment?

    We all know (or should know) that buying a lottery ticket is truly a waste of money in the formal sense of the concept. Your chances of winning are...
  • US World Cup Team: An Unusual Feeling for Americans

    US World Cup Team: An Unusual Feeling for Americans

    The United States Men's National Soccer Team allows modern Americans to feel something very unusual yet something I find very profound and useful: We...
  • The Benjamin Graham Stock Screen – Investing Like the Godfather of Value Investing

    The Benjamin Graham Stock Screen – Investing Like the Godfather of Value Investing

    Sequential stock screening involves reducing the universe of stocks to a manageable size. For example, sequential stock screening might involve...
  • Why I Love Economics

    Why I Love Economics

    Ever since I took my first economics course as a freshman in college, I fell in love with the field. As I continued my studies, both in the classroom...
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Latest Articles

  • How to Calculate a Stock’s Beta – A Practical Walkthrough
  • A Brief History of Work – Most Humans Who Ever Lived Were Small Business Owners
  • Getting to One Thousand – How to Save Your First $1000
  • Saving Money is Not Enough – You Must Invest It
  • The Fallacy of Composition
  • 3 Super-powered Tips to Get You to Save More Money
  • Handle a Financial Emergency With Skill and Savvy
  • What is a stock?
  • What is a mutual fund?
  • What is an exchange-traded fund (ETF)?
  • Are you a good saver? Here’s how to become one!
  • 8 Things You Must Do Before Starting College
  • How to Quickly Rebuild Your Emergency Fund After a Financial Emergency
  • Why You Must Live Below Your Means
  • 4 Things to Do After Getting Married
  • Why are most people so bad at investing?
  • Do you really need a rainy day fund in the 21st century?
  • Book Review: Outliers
  • 8 Financial Things to Do After Your Baby is Born
  • 5 Reasons You’re a Terrible Investor

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