• 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 Dollar Bill or a Euro is considered money, but most people have never really given thought to…

  • 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 means and what constitutes investing (as opposed to speculation) might help you better wade through the many options…

  • 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 things people should do when controlling their finances.

    An emergency fund, although part of your overall…

  • 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, denying yourself, and harsh self-discipline. Saving does apply self-discipline and can be challenging at times (especially for those…

  • 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 reducing all US publicly-traded stock to 10 stocks for use in a portfolio by eliminating stocks, one by one, based on filtration criteria (usually with…

  • Book Review: The Richest Man in Babylon

    Book Review: The Richest Man in Babylon

    The Richest Man in Babylon, written by George S. Clason is an interesting, relatively brief, and useful read that will educate those new to money management and wealth building and entertain those who already know a lot about building wealth.

    Title: The Richest Man in…

  • Don’t over-diversify if you want spectacular investing returns

    Don’t over-diversify if you want spectacular investing returns

    The conventional wisdom is that diversification is an integral part of successful investing. Although the idea of diversification has been around for centuries (and is mentioned in both the Bible and the Talmud), the modern idea of financial diversification can be attributed to the…

  • Use Precious Metals for Diversification and Risk Management, NOT for Long-term Investing

    Use Precious Metals for Diversification and Risk Management, NOT for Long-term Investing

    Gold and silver might be good ways to diversify your portfolio and guard against risk and uncertainty (strategic portfolio risk management and mitigation). Still, you must be corrected if you make precious metals a significant part of your portfolio in most cases.

    As…

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