Financial literacy essentially for everyone

Financial literacy is essential for everyone to manage their money wisely, attain financial stability, and secure their future. The most core financial concepts that are important for all normal people include: Financial literacy is a fundamental skill that plays a significant role in everyday life, impacting everyone’s decisions, goals, and overall wellbeing. By mastering these…

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TVM and the Rule of 72

The Time Value of Money (TVM) and the Rule of 72 are both fundamental concepts in finance. Understanding these principles can be useful for everyone, from individuals managing their personal finances to businesses making investment decisions. The Time Value of Money (TVM) TVM is a principle that suggests a specific amount of money today is…

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The Time Value of Money

The time value of money (TVM) is a fundamental principle in finance that reflects the concept that money available today is worth more than the same amount in the future. This concept is primarily driven by two main reasons: inflation and potential earning capacity. Inflation is the rate at which the general level of prices…

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Debt ceiling problems in 2023

As of January 19, 2023, the US has hit its debt ceiling of $31.4 trillion. The Treasury Department has been utilizing “extraordinary measures” to avoid a default on the national debt, but these are projected to exhaust by June 1, 2023. If Congress fails to raise or suspend the debt ceiling by this date, the…

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Compound Interest impacts investing

Compound interest, often described as “interest on interest,” plays a pivotal role in investment growth. At its core, compound interest involves reinvesting an asset’s earnings to generate further gains over time. This compounding effect results in exponential growth, as returns are generated on both the initial investment and the reinvested earnings. Investment strategies often capitalize…

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Unleash the Power of Compound Interest

Compound interest is the interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods. Essentially, you’re earning interest on interest. Because of this, the amount of money can grow exponentially over time, making it a powerful tool in wealth-building and retirement planning. Compound interest is…

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Bitcoin vs. Ethereum: Understanding the Differences and Deciding Where to Invest

Bitcoin and Ethereum are two of the most well-known cryptocurrencies, but they serve different purposes and possess unique attributes. Understanding these differences is critical for anyone considering an investment in the cryptocurrency market. Bitcoin, the first and most popular cryptocurrency, was developed as a digital alternative to traditional currency. Its primary purpose is to serve…

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Philip Fisher and his Investment Magnum Opus: Common Stocks and Uncommon Profits

Philip Fisher, one of the most influential investors of all time, wrote his investment classic, “Common Stocks and Uncommon Profits,” in 1958. The book encapsulates his investment philosophies and strategies, which have served as guiding principles for generations of growth investors. Fisher was a proponent of the ‘buy and hold’ investment strategy, a strategy that…

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