Millennials and Money – Helping Millennials with all their finances. Get a game plan to build a business, buy a home, pay off school, invest for the future.
I’ve lost track of how many different iPhones I’ve owned in my life. I’m a ride or die Apple nerd so you know I scooped up the new iPhone 11 Pro Max post haste. While the new camera is absolutely bonkers, I’m not quite sure what it offers above and beyond what my previous iPhone[…]
Conversations between family members about money are taboo and highly stigmatized, even today. So I always find it fascinating when people plan their financial future around the death of their parents knowing that, in all likelihood, they haven’t had a single discussion with them about their finances. Maybe they helped you with a down payment[…]
When we bought our home three years ago, I remember telling my wife that we would never again see mortgage rates this low. We had locked in a 30-year fixed mortgage at 3.65% with 10% down, no PMI. I remember telling her how lucky we were to be buying in this rate environment, despite the[…]
Back in 2016, when Heather and I wrote The Millennial Money Fix, the student loan crisis was an afterthought to both Democratic and Republican presidential candidates. With the exception of Bernie Sanders, the issue failed to make it to the top of the priority list of those running. Instead, other important issues like healthcare, immigration[…]
You may think of memes as childish and trivial images found on the Internet, but memes are smarter than you think. The word “meme” was first created by Richard Dawkins in his 1976 book “The Selfish Gene”. Dawkin coined meme to explain how our cultural information spreads genetically. However, the concept of the Internet meme[…]
I remember my first lines. I was sitting on a beach in Puerto Rico when it came out. It was a Reuters article from 2013 titled, “Financial advisers hunt clients in the Ivory Tower.” I was asked about how I leveraged my time in business school to prospect for clients. I felt so cool showing[…]
Just a few months ago, my firm launched its first tactical portfolio. It’s a straightforward, rules-based market timing model a la Meb Faber’s Ivy Portfolio. While it’s not for all of our clients, it’s a great way to provide additional value in an increasingly commoditized area of financial services. I do believe traditional active management[…]
My favorite game show growing up was Press Your Luck. You might know it as the one where contestants scream, “BIG MONEY! NO WHAMMY! STOP!” as tiles randomly light up the parameter of a giant prize board aptly called, the “Big Board”. Contestants would both literally and symbolically *press their luck* by pushing a handheld[…]
Last December, I wrote “When Coffee is Life” to explain why I am obsessed with my favorite drink. And in 2019, I’ve noticed the caffeine conversation growing on a national scale. Almost everywhere I’d turn, *coffee.* Someone left a Starbucks cup on the set of Game of Thrones? Wild. Luckin, the Starbucks of China, went[…]
When I moved to New York City in October 2008, I was terrified of becoming a kid who boomeranged. For those unfamiliar with the term, a “boomeranger” is used to describe members of Gen X and Gen Y who moved back home with their parents as a response to the Great Recession. It’s a term[…]