Category: Finance

How to Start Investing in Bitcoin?

Utter the word, “Bitcoin”, in any conversation and you can have the entire room at your immediate attention. Not many words or phrases have that kind of power in society. At 12 years of age, this pre-teen is just about to enter its rebellious stage. Subscribing to the Lindy...

Which company offers the best IRA account?

After doing a little bit of research (AKA Googling), much of the financial advice seems to point you in one direction — open an IRA. Congrats! You made a significant step forward in your financial journey. Unfortunately, most of this discussion stops short of the next step — Which...

Variance Makes Life Fun

In every introductory statistics class, you are forced to learn about the basic descriptive statistics — mean, median, mode, and standard deviation. These calculations give you a quick summary of any dataset. The key word here is summary. In any summary, you zoom out to describe the dataset and...

The Myth of a Cheap Stock

The other day I was chatting with my father about the stock market when he mentioned that he liked General Electric ($GE) because it was cheap. I cringed immediately. Every time I hear someone use “cheap” to describe a stock it takes every ounce of my being not to...

How much will the market help you retire?

By Jeff Lundy I know a couple friends who model their retirement outcomes. Recently, I asked them what growth rate they assumed for investments. Interestingly, we all used a similar rate: 4%. That seems appropriately conservative, and by setting it low you bake in all kinds of uncertainties (taxes...

IRA, 401K, IDK: The Decision Process

If you are new to investing, the number of retirement account options that you can deposit money into can be overwhelming. You see articles about brokerage accounts, 401Ks, and IRAs. Meanwhile, your friend keeps talking about how much money he made on Nikola, the next Tesla. Anyone can get...

My Journey from Amateur to Competent Investor

The Beginning In the fall of 2008, I had my first real exposure to a formal business education. I was enrolled in an accounting course during my senior year of high school. I was interested in accounting because of my natural affinity with numbers and the constant advice from...

A Hands Off Approach to Investing: Target Date Funds

What are Target Date Funds? Target date funds are an investment vehicle that provide broad diversification while incrementally decreasing exposure to riskier assets (e.g. stocks) and increasing exposure to safer assets (e.g. bonds) as each fund’s target retirement date approaches. For example, if you invest in a 2060 Target...

Fear a Market Crash? Look into this ETF.

Over the past month and a half, the market has come roaring back. The S&P 500, represented by VOO, was down 34 percent from the 52-week high (Feb 19, 2020 to March 23, 2020). As of May 7th, the S&P 500 is now only down 16 percent from the...