The Role of Underwriting of Shares When a Company Goes Public
Underwriting is a process that essentially involves a company or group of people that are willing to take on a certain amount of risk in exchange for compensation or a service. You likely are familiar with underwriting in the insurance industry, but it is also very common in investing with the underwriting of shares. Essentially, […]
Considering an Early Pension Withdrawal? Watch Out for These Pitfalls!
I am fortunate enough that my 8-5 job offers me a pension, something that is very unique to companies nowadays, but not super uncommon in the oil industry that I work in. Last year, I had a good friend leave the company and he was debating about using a pension withdrawal to fund a down […]
Use the ‘Rule of 0’ to Understand and Defeat the Impulse Buying Definition
Have you ever found yourself sitting in lie at a store and suddenly you see it – the item that you never knew you wanted and now you have to have it! So, you buy that Coke, Doritos, Snickers, etc., just because it was convenient. You didn’t need it, you wanted it. It’s an easy […]
Curious What the Average 401k Match Is? I Bet You’ll Be Surprised!
One of the biggest mistakes that I oftentimes will see people make is that they will not take full advantage of their 401k match. Honestly, I think that this mistake can have many, many years of potential repercussions, but it makes me wonder – what actually is the average 401k match? Before we get too […]
Optimize Your Retirement With This Roth vs. Traditional 401k Calculator!
To many people, the terms “Roth” and “Traditional” only apply to their IRA, but I am here to tell you that this is not the case. In fact, you can invest the same way but in your 401k! But the almighty question is always, “which one?” Well, that’s why I created this Roth vs. Traditional […]
“I Don’t Get It – Why is Investing Important?”
So many people will ask me “why is investing important” and at the end of the day, it really boils down to one thing – a lack of financial literacy, or as we like to call it, The Language of Money. What do we mean when we say, “the language of money?” Well, it’s simple, […]
“Knowing Your Numbers” Like the Sharks = Understanding Unit Economics
Unit economics – what a boring topic amiright? No – I am not right. And chances are, you also agree that unit economics aren’t boring since you are reading this article. Or maybe you have no idea what they are but you’re here to learn a little bit about them. Either way, you’re in the […]
Hot Take – Dollar Cost Average (DCA Investing) Will HURT Your Returns!
Yeah, I said it – DCA investing is actually going to hurt your returns. And honestly, I feel like it’s really not even that much of a hot take when it really boils down to it. The biggest thing that I see with people that argue for DCA investing is that their definition of DCA […]
7 Simple Tips to Avoid Lifestyle Creep
Have you ever found yourself being a victim to lifestyle creep? It might seem like a ridiculous thing but it’s most definitely not. Fortunately for you, I have been through the ringer on this and am prepared to share some tips and tricks to prevent it from happening to you! Lifestyle creep is also sometimes […]
Tony Robbins and His 7 Steps to Financial Freedom
Updated 2/7/2024 I’ve decided to take a little bit of a turn in my book readings and wanted to focus on a book that I know has motivated some people in my life to take the journey into financial freedom – Money Master the Game by Tony Robbins. In the book, Robbins outlays his list […]
