First, let’s with what shorting a stock means.  When you buy shares of a stock, it’s called going long.  Shorting occurs when you sell more shares than you own.  Since a stock’s price is determined by how many people want to buy a share vs. sell one, short selling increases the number of sellers and typically […]

Throughout your working life, you’re always trying to reduce your tax burden.  Why should retirement be any different?  By making one key decision, you can eliminate your tax liability in retirement.  The key is opening a tax-free retirement account. Tax Free Roth Accounts There are two types of accounts that allow you to eliminate taxes […]

Good things come to those who wait  In recent years, we’ve seemed to have forgotten this simple, yet powerful phrase.  With the rise of social media and smartphones more information than we can imagine may seem great, it also has its downsides. Now we are addicted to our smartphones and allow social media to impact […]

Bitcoin has been in the news quite a lot recently.  I’m sure you’ve heard how bitcoin’s price has been increasing thousands of dollars a day.  Maybe you’ve even invested or have been thinking about investing in it. But how much do you really know about Bitcoin? A friend recently asked me what I thought of […]

Broke for the Holidays The holidays can be tough on your wallet.  It sometimes seems like shopping has become as much of an American pastime as baseball and apple pie. Plus, with the rise of social media, we are spending more than ever. However, one little trick could help you spend less this holiday season, […]

Are You Rational?  Probably not.  When it comes to decision making, it turns out most people (myself included) don’t think rationally.  Sure, we think we are making the best decision at the time, but when looked at objectively?  That’s when things get interesting. A Study in Human Psychology As consumers, Dan Ariely’s book Predictably Irrational provides […]

Price: $15.95 Buy Now: Charing Bull Mug Start the morning off right with this mug.  Even market bears are sure to love it! Price: $14.95 Buy Now: Buy High Sell Low This t-shirt is the opposite of sound investment advice.  But it’s that kind of humor that finance geeks everywhere can appreciate. Price: $13.50 Buy Now: The Snowball Warren Buffett […]

A survey found around 62% of Americans don’t have $1,000 saved. If we followed Odysseus’ example and eliminated our future options, our finances might improve. In the Odyssey when Odysseus approached the Sirens, he had his men tie him to the ship and plug his ears with beeswax.  He knew that no one was able […]

I recently read the book Quiet by Susan Cain.  The book focuses on the differences between introverts and extroverts and how better understanding the personality differences between the two can be beneficial in our everyday lives. The Extrovert Investor Whether you’re an extrovert or introvert can impact your investing strategies. Cain describes a situation in […]

From now until midnight on Monday, February 19th, Udemy is running their President’s Day sale.  All courses are only $10.99!  With the list price of many of these course being close to $200, this is an incredible sale. Data science, data analytics, big data.  All these terms are major buzz words right now.  Data science […]