Tag: investing

As a data scientist, I find it hard to believe that anyone would trust their financial portfolio to an advisor who doesn’t understand the basics of statistics and probability. Yet, how many investors do you know who blindly trust their advisor or financial planner? How many of those advisors...

Every week there is more fear mongering from the media about inflation, rising interest rates, and an impending recession; however, there is one silver lining from this situation: U.S. fixed income is worth buying again. This means that you can finally get a reasonable, nominal return on U.S. Treasury...

The exchange traded fund, or ETF, has become such as successful vehicle for investing that there is likely one for any situation you can dream of. From countries with economic freedom (FRDM) to the metaverse (META), you might be paralyzed by the abundance of choices. How can you make...

One of your first encounters with the archaic U.S. financial system will occur the first time you need to rollover your 401k/403b. The process is incredibly confusing, involves coordinating with multiple brokerage firms, and can take anywhere from a few days to over a week to complete. In the...

People on social media love to talk about investing, but few will do the due diligence for their investments. Throwing money at companies without doing any research is closer to gambling than investing. There is nothing inherently wrong with this, but when an investment has a large drawdown the...

Around 2015, I was getting increasingly frustrated with the shitty ESPN mobile app. I did what many millenials would do in this situation and searched for alternative solutions. One of the suggestions I came across was theScore so I gave it a shot. After downloading the app, I never...

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...

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...

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...

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...