Spending is the New Saving

Spending is the New Saving

By admin

First things first—let me admit that I didn’t come up with this idea on my own. No, like most ideas, the catalyst was reading something else, somewhere else. This one happened to be in the form of a NY Times Article that helped me see the light. It’s a great article, and maybe I am…

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Sunk Cost and Investing

Sunk Cost and Investing

By admin

Following up on the idea of sunk cost that we previously discussed, let’s discuss sunk costs (so to speak) in investing. The thought behind a sunk cost is to eliminate emotions in decision making. Just because you have spent money to start something (as the theory goes), doesn’t mean you need to follow that investment…

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Is Sunk Cost a Sunk Theory?

Is Sunk Cost a Sunk Theory?

By Jeff

I read an article recently, or more aptly, tens of articles recently, about how in today’s market regardless of if you are the CEO or the Janitor that you need to be adding incremental value. As an aside, interestingly enough, apparently 99% of authors are excused from the adding value requirement, because none of the…

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All Hedged In

All Hedged In

By Andrew

Having talked about correlation and what can happen when prices go up, what are we to do? Simply watch a tank of gas eat away at our savings or profits like this article? Drive a moped? Ask the woman to drive on a date? Here’s a better idea: Hedge. Hedging is what all the big…

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How Correlation Impacts Your Retirement

How Correlation Impacts Your Retirement

By Andrew

An important concept in finance and investing is correlation. Most of us are familiar with correlation. In its simplest form, correlation is a relationship between two or more things. For example: Calories consumed & waist size Steroids used by a professional wrestler & bicep circumference Price of gas & number of hybrid vehicles sold Ice…

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Is Main St. Becoming a Glass House?

Is Main St. Becoming a Glass House?

By Jeff

No, not in the way that you are thinking. I’m talking about transparency, and like it or not, it’s coming. Transparency is a unique animal—we all clamor for it, no doubt about that. We want our governments to explain where every tax dollars are going, we want Wall St. to tell us all their secrets,…

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Personal Finance for Main St

When residents of Main St look for news on how the economy is performed that day, it's often reported in terms of how the "Dow" or the S&P 500 performed that day. So what is the Dow? Ditto for the S&P 500?

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