n this first column of a three-part series, I want to help you crack the code -- starting with the most important foundational concepts. And then in the next two columns I'll define and describe the investments, accounts, and steps that will allow you to put these concepts to use over time.
Entrepreneurship runs in the blood of Akshay. His father was a Silicon Valley tech veteran who encouraged Akshay to intern in startups early on starting at 14 years old.
There is a common belief that the best investment options require a lot of money to get started, but the reality is there are investments that allow you to start with as little as a $10 per month contribution, or a one-time deposit of $25.
Morris's background as an accountant seemed to re-emerge in the plan he devised for his estate: it granted A seven percent, B three point five percent and so on for eight or nine persons. Numerous fractions. I gulped when he showed me his will. "How as I supposed to settle this?" I asked.
With the Dow at a record high -- more than double since 2009 -- some first-time investors are concerned that it might be too late to jump into stock trading. The truth is that no investment comes with a guarantee, and experts disagree about where the market will go next.
Alternative investments often require a certain level of patience as many of these assets lack the liquidity inherent in the public markets. However, there are several benefits associated with taking a long-term approach by investing in illiquid alternatives.
Tell me, when you scrape through from one check to the next, how is a young guy to save anything? Look me up for other accomplishments.
Aggressive high-frequency trading (HFT) is a classification of electronic trading strategies that rely on ultra-fast infrastructure and market orders to take advantage of news, predictive analytics or short-lived information asymmetries.
Do you know your AGI from your ARM from your PMI? Or does the mere mention of those acronyms make you go, "Huh?" If you don't speak personal finance, don't worry -- we're here to help.
At best, equity returns over the coming decade will simply reflect earnings growth, assuming valuations can remain elevated. Historically, this has averaged about 3.8 percent over time.
Here are my predictions for 2015, to make your year rich in returns and light on costly mistakes.
What if maxing out your retirement accounts and waiting 30 years for the market to do its magic was actually a myth? And that the "mountain of cash" you plan to retire on won't be nearly as large as their charts showed?
A Greek exit from the Eurozone could be catastrophic. The country would be shunned from international markets, with a new/old currency that would devalue severely. Nevertheless, the bigger risk for investors is that the turmoil spreads to larger neighboring countries.
Why does aggressive HFT participation matter? Multiple academic studies have confirmed that aggressive HFTs worsen market conditions for institutional investors.
Do you deny yourself even small treats to try and balance your unsustainable budget, which is often supplemented from a credit card or by siphoning off home equity? Did you know that all of these are signs of being chronically indebted?
There's a different kind of sale you might want to check out before year end. It's one of the best kind of holiday sales. One where you can trim your tax bill before April 15!