Emotions have no place in investing. You rely on cold, hard data to make investing decisions. Today we’ll talk about ways to take the emotion out of buying stocks.
You need to invest your money. It simply doesn’t make sense not to. Even if you only invest 5% of your money, it would still be worth it. This is your investing for beginners 101 cheat sheet. We explain the basics of simple investing and aim to inspire the proper mindset you need to succeed.
You know it’s important to diversify your investments. But do you know how? We’ll explore using options on an inverse index to insulate your portfolio.
What the f**k are stock options? Options are one of those personal finance concepts that can be intimidating if you aren’t familiar with it but when distilled down, is pretty straightforward. Kal Zurn, from Sharper Trades will break down what options are, how they work, what they are used for and why you should care.
Many things in life are measured by benchmarks. Personal finance is one of them. These are financial ratios to use as benchmarks.
Opportunity cost is what you give up when you choose between options. No matter what we choose, there is a next best choice that we give up, that is the opportunity cost. We want to minimize our opportunity cost by choosing the option that benefits us most- risk vs. reward, cost vs. quality, salary vs. qualtiy of life.
The time value of money and risk and return are two core concepts in personal finance. Luckily, each boils down to a pretty simple statement. The time value of money means your dollar today is worth more than your dollar tomorrow.
Vanguard gets a lot of love because they exist to make money for investors, not to extract the maximum amount from investors. By investing with Vanguard, you own a small part of the company. So what is in your best interest, is in their best interest.
Interested in purchasing individual stocks? Listener Patrick Kenneally teaches us how to research stocks.
There are a lot of questions in personal finance but maybe the biggest is invest or pay off debt? That is the question today.
There are a lot of personal finance terms that are thrown around that many of us don’t really understand so when we hear them, we just nod and smile. But LMM is all about education so we’re going to devote this episode to understanding financial bubbles.