You know what? All expenses are not created equal. It’s true. Some expenses are better than others. I like to bucket them into four categories. They are: Destructive (beer)Consumptive expenses (travel, food)Protective expenses (insurance, emergency fund)Productive expenses (investments) Destructive expenses are those that
The Securities Act of 1933 In 1929, the worst economic downturn in modern history, known as The Great Depression, began. Though there is not one, specific cause, overconfidence from the booming 1920s led everyone--from millionaires to janitors--to buy in on the market. Ordinary people bought stock on easily obtained credit they were unable to pay back.
I love a good heckler. Hecklers force you to have well-thought out rationale for your actions and suggestions. That’s because they often pose good arguments. I’m a fan of free speech and debate for improved clarify and strategy. Here’s the question: Are physical assets a burden or a benefit? In truth they are both. Physical assets can be a
The Jumpstart Our Business (JOBS) Act of 2012 introduced equity crowdfunding to the investment space, allowing small businesses and small investors to raise capital and build wealth. Crowdfunding is a new opportunity for non-accredited investors to give capital and receive various returns (like equity, merchandise, or early access) from a company.
You’d be hard pressed to find a working professional who does not understand the importance of setting money aside for the future. It comes as no surprise that employers contribute to or offer to match their employee’s contributions to 401(k) or 403(b) retirement accounts as part of compensation packages. However, those aren’t always enough to give a retiree
Up to the year 1900, women across the United States could not own property, and it wasn’t until 1974 that women could individually receive a line of credit. Despite these landmark opportunities for advancement, women have earned about 80% of what equal male counterparts have for the past 15 years and make up only 22% of angel investors. These systematic