To realize the best possible investing experience, both the bullish side and the bearish side need to be considered. This post describes both market views.
Continue readingBy: James Cochrane Updated: January 15, 2020 Investing in hard. Anyone who tells you otherwise is either trying to sell you something or doesn’t know how to invest themselves. If it were easy everyone would be multimillionaires.The dynamics of investing are within reach. It’s just that it takes a lot of time to go […]
Continue readingYou buy something at a store, and you use it for a few years. Then, the item is no longer useful to you and you decide to sell it on eBay. You get much less than you paid for it. Would you consider this item an asset for the time that you owned it? Technically, anything […]
Continue readingI often hear the advice that younger people should take on more financial risk. They have more time to recover, so the thinking goes. But, this advice is nonsense. In this article, I will bust the myth that young people should take on more financial risks.Young People Make Less MoneyWhen you first started out in […]
Continue readingWith the exception of a mortgage, you should get out of debt before investing. Loans types other than mortgages detract from your investing returns.Within this article, I will refer to debt as credit card debt, car loans, and personal loans. Because mortgage rates are low enough, it’s possible to carry a mortgage while investing, and […]
Continue readingDo you know what opportunity cost means? How about the impact of opportunity cost? Is this something you should concern yourself with? The truth is if you don’t consider this concept, it could cost you significant amounts of missed opportunities.People avoid the concept of opportunity cost because it’s abstract. It’s not something that is published […]
Continue readingIn a previous article, I wrote about how the Quick Ratio works and how it can be used by investors. It has its uses, but it isn’t always effective in determining companies that are in trouble financially (which is one of its purposes). However, there is a subtle benefit of the Quick Ratio: it may […]
Continue readingThe quick ratio allows you to gauge whether a company can pay its bills in the short-term. In other words, if the company were up against the wall and had to pay their bills, can they do it immediately or would they have to rely on the liquidating longer-term assets?There are two ways to calculate […]
Continue readingIf someone came to your door and told you a local business is for sale, would you buy it without hesitation? Probably not. You would first check out the business. Even if you have been a customer of the business, you would want to know more about the operation, how profitable it is, and a […]
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