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Short-term Risks

For most of 2018, I felt like we were finally getting out of The Great Recession’s lingering haze. For older members of my generation, it has been a solid seven year run of favorable enough conditions to grab onto something we can call our own. Whether that’s a steady job with benefits or a now[…]

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Millennials Aren’t Just Different, We’re Special Snowflakes!

As a generation, Millennials are unique. Our racial makeup is diverse. Our educational accomplishments are unparalleled. Our attitudes toward marriage are, let’s just say, overly cautious. Like I said, Millennials are unique group. However, it’s our resilience that makes us special. Our maiden voyage into adulthood was immediately greeted by the rough seas of The[…]

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Millennials, Money and Marie: How Not to Shop ’til You Drop

The holiday season is upon us! Time to panic if you haven’t started shopping yet, right? Eh, with Amazon Prime you’ve got plenty of time. This happens every year but just like winter weather and daylight savings time, we never feel prepared. And my email inbox is filled with so many sale and promotional emails[…]

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Bitcoin: Three Depressions Worth

While reading about Bitcoin’s most recent plunge, I stumbled across a blog post from Charlie Bilello titled “Big Winners and Big Drawdowns”. In it, Charlie examined the massive, stomach emptying drawdowns experienced by shareholders of Apple, Amazon, Microsoft and Alphabet at various times throughout the last two decades. I heard that Amazon’s -94% dot-com bubble drawdown[…]

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Are We Jerks?

They say socially responsible investing (SRI) and Millennials go together like participation and trophies. According to a 2018 Harvard Kennedy School study titled “Money, Millennials and Human Rights”, SRI is getting a boost from Gen Y’s demand to establish a greater link between their money and their values.  This increased demand, coupled with an alleged[…]

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Clips from Cheddar (Birthday Edition)

Hanging out on the floor of the NYSE with the Cheddar crew is not a bad way to spend your Halloween birthday. Speaking of holidays and celebrations, I was able to give some evergreen advice on holiday spending and, well, spending in general. This is at least 70% of personal finance in 5 minutes. Ready[…]

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Growing Up Boca

Nobody grows up in Boca Raton. You move down from New York, grow old and eventually kick the bucket in the mouth of the rat. The locals have been known to jokingly call the renown retirement community “God’s Waiting Room”. Boca is a palm tree laden paradise where you can enjoy the rest of your[…]