Here are links to several of my favorite recent personal finance articles: Warren Buffett Says Investors Should Stick With Index Funds by Trevor Hunnicutt at Fox Business I have long been a fan of index funds, not only for their simplicity but also for their long-term performance. As Nobel Prize winning economist Paul Samuelson states,…
The Sports Illustrated Cover Jinx Several of my college roommates and I were huge sports fans. Since some of us had been subscribing to Sports Illustrated for many years we came up with what we considered a brilliant idea to decorate our apartment. We gathered up all our old copies of Sports Illustrated, removed the covers, and wallpapered our…
A roundup of some of my favorite personal finance articles: I am a licensed CPA. Although I don’t work full-time as a CPA I do run a small tax business on the side, so February through April is a very busy time for me. I always vow to keep writing regularly during this time but…
I recently started my own self-insurance “company”. Here are some details about my new company. Startup Costs: $0 Startup Time: 30 minutes Business Purpose: Take on an increased, although still small, part of the risk of driving a car, owning a home, and purchasing appliances and electronic equipment. Revenue: Modest but steady. Right now…
“I have listened to thousands of sermons on the urgent need to give. I find myself wondering why it is that preachers never talk about how much fun it is to give.” Jon M. Huntsman Sr. Businessman and philanthropist Jon. M. Huntsman Sr. is a world class giver. He has given away about 1.5 billion…
“Human beings, who are almost unique in having the ability to learn from the experience of others, are also remarkable for their apparent disinclination to do so.” – Douglas Adams Investing lessons from the past are there for all to see should you choose to look for them. You might say they are hidden…
Insurance is defined as “A financial risk management tool in which the insured transfers the risk of potential financial loss to the insurance company…in exchange for monetary compensation known as the premium.” Nobel Prize winner Daniel Kahneman sums up the purpose of insurance by stating that it can be thought of as “a choice between…
