Most people my age I talk to don’t have much of a clue about how to deal with personal finances. We come out of school with almost no money then suddenly have all this cash (on a relative basis) and don’t know what to do about it. All the while, the education system never thought…
Tag archives for investing
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If you lost all you assets tomorrow, what would you be worth? For people like Bill Gates, Warren Buffett or Alan Greenspan, quite a lot. That very same day, they could probably get 100 job offers from people all around the world. They have a lot of this thing called human capital (which is introduced,…
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“A house is not just an investment, it’s a place to live. This is the only significant financial investment that has two functions. Things like cars and boats always go down in value, so most of the time, if you’re investing, you’re doing it in something that you don’t have to fix, water, fuel or…
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There is so much noise out there when it comes to investing that I thought I’d share some of the basics with those who are unfamiliar with it. It’s not magic, doesn’t require a PhD in finance and is easily understood. The very first lesson that every new investor must know is essentially the “buy…