Financial advisors have played an important role in helping individuals meet their savings and investing goals. However, the investment environment has changed and the role of a financial advisor has never been more different. A financial advisor has a wide variety of services to offer. The most common services are investment management and investment advice. […]
finance basics
Can There Be Too Many Index Fund Investors?
The index fund is all the rage in financial blogs and throughout academia, and it has been for some time. Research reports and journal articles showing that active investing doesn’t work and that markets are too efficient to allow for mispricing have pulled investors away from stock picking money managers. In addition, index funds make […]
10 Crazy Finance Facts
If you start with one penny and double your money every day for one month, by the end of the month you’ll have $10,737,418. 79% of US stock trades are made by computers and electronic trading. Due to hyperinflation in 2009, Zimbabwe started printing 100 trillion dollar bills. Equivalent to only $0.40 when it was […]
Savings Rate Calculations Simplified
Once you have embraced saving for financial independence, you can track your progress using a few simple savings calculations. When working through the following equations, the savings amount will be a combination of any money you add to savings, as well as any debt principal reduction. To be clear, this does not include total debt […]
Guide to Paying Back Student Loan Debt
There is no question the expense of college is more than most students can handle. With the average senior graduating college with $30,000 in student debt, it is impossible to ignore the importance of understanding the ins and outs of student loan debt. An Introduction to Student Loans Students are all faced with the decision […]
My CFA Level 1 Experience
The day finally arrived. I walked into the Jacksonville auditorium an hour before the scheduled report time. This was not because I needed to, but because I was a green CFA Level 1 candidate who was nervous about the unknown. Accounting ratios were circling in my head and I was determined not to speak to […]