compounding
InvestingTax efficient investing means carefully choosing certain investments and determining which accounts to hold them in to reduce to reduce your overall tax bill. Saving money on taxes allows you to make larger investments and keep more of the returns. In the long run, due to the power of compounding,&hellip
asset
Foundational ConceptsSpending on depreciating assets can wreck your finances. Many people associate being wealthy with owning luxury cars, jewelry, designer jeans and high end watches. This is the image of wealth portrayed in the media and popularized in movies. The material goods you purchase are really depreciating assets and they are&hellip
investment
InvestingIf you hate paying taxes I have good news for you! Uncle Sam has a whole host of tax advantaged accounts available to you, and the only thing better than a tax shelter is a legal tax shelter! You have come to the right place to learn where you can&hellip
fees
InvestingAre you shopping mutual funds and want to understand how fees affect performance? It turns out they can dramatically affect your returns!
invest
InvestingAre you investing or speculating? Answering can sometimes be difficult but understanding the difference between speculating and investing is important.
finance
Foundational ConceptsNet worth represents your current wealth and is an important measure of your financial health. It is the sum of your assets minus liabilities.
finance
Foundational ConceptsTime value of money, often abbreviated as TVM, is a core concept that every investor should understand. It means that money today is worth more than that same money at some point in the future. This is due to the opportunity cost of not having the money to use on&hellip
