You may have come across the term, Golden Parachute (which seems odd because if you are jumping out of an airplane, a parachute composed of a heavy metal would not be my recommended descent aid of choice). However in the world of business, a Golden Parachute is something to strive for, […]
[Note: A version of this post has appeared on Millionaire Doc’s website when on May 1st, MD asked me if I wanted to do a guest post on alternative investing. My blog was only 8 days old at the time and I jumped at the opportunity to be on his website (still couldn’t […]
When you graduate into becoming a Capitalist, where your money works for you, there may be a point where you become classified as an Accredited Investor. There are strict criteria you have to meet before you can claim yourself as a member of this desirable club. You can qualify as an accredited […]
I friend of mine was talking about the bucket theory of portfolio management and asked me what I thought. I never really studied the “bucket theory”. Basically you own 3 buckets of money, risk free assets like T-bills, with 3-5 years of expected need, 5-15 years of moderate risk assets and 15+ years […]
Asset Allocation pertains to how you want to divide the total pie (your overall portfolio) with respect to the various asset classes you want to be invested in (i.e. how each class is weighted). There is no one golden Asset Allocation that is guaranteed to provide the best results. Again it comes […]
“Let’s start at the very beginning, a very good place to start…”- The Sound of Music The Investment Policy Statement (IPS), serves as a written representation of your financial/investing objectives and the various strategies you are employing to achieve them. This has an added benefit of providing a guideline to heirs in […]
[Note, for my regular readers that have not subscribed and gotten used to a Tues/Thurs posting schedule, I kind of threw a kink in the routine as I am trying something out for a possible recurring Sunday post. If you haven’t read it, please check it out (and as always let me know what […]
Hopefully you have started your financial path to, and possibly have already achieved, becoming a Capitalist. Regardless of where you are in this journey at some point you will have a certain amount of money “sitting on the sidelines” and ready to be deployed as your untiring worker. One of the scariest decisions […]
Over the years I’ve studied markets and portfolios. Portfolios are characterized by rate and return. Portfolios are also characterized by sequence of return. If you draw a bad sequence you draw a much harder path than if you draw even a mediocre sequence. I’ve used the FIREcalc calculator and the home page has the following […]
Hopefully you have started your financial path to, and possibly have already achieved, becoming a Capitalist. Regardless of where you are in this journey at some point you will have a certain amount of money “sitting on the sidelines” and ready to be deployed as your untiring worker. One of the scariest decisions is […]
