“How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.” Robert G. Allen When you have some savings, it is good to invest and allocate your money to work. Most importantly, … Read More
Each year I read Chairman and CEO Warren Buffett’s annual letter to Berkshire Hathaway’s shareholders upon its release. For many reasons, I do so as a shareholder, an investor, a former equity analyst, and a professor. Teaching finance to college … Read More
Increasingly, our lives are becoming digitized. As a result, a bigger proportion of our net worth may be in our digital assets. Yet most of us don’t prepare wills (only 44% do) and if we do, we may not fully … Read More
Originally published on May 23, 2019, and updated on June 11, 2020. “Logic will get you from A to B. Imagination will take you everywhere.” Albert Einstein Congratulations on making it to your special day, Graduates! As a parent, I … Read More
April is Financial Literacy Month! Being well versed in financial literacy should be among our top priorities. To be better acquainted, see how you do in a short quiz below. The answers will follow with explanations of important financial concepts. … Read More
With all the upcoming IPOs expected in 2019 from the likes of Levi Strauss, UBER, Palantir, Airbnb, Pinterest, and Postmates, what could investors do to be better prepared whether they have an opportunity to buy at the IPO price, or … Read More
The IPO market is revving up in 2019, after solid IPO activity in 2018. As ride-sharing Lyft shares recently took off in the public market, many companies are ready to take the plunge into the public market. Should the average … Read More
You got into your college. How to pay for college? The latest student loan statistics reflect $1.56 trillion held by 43.2 million student borrowers by an average of $39,351. College education leads to higher income, job security, and great opportunities … Read More
Chairman and CEO Warren Buffett’s annual letter to Berkshire Hathaway’s shareholders for 2018 results was recently released. The letter is a treasure trove of personal finance lessons. Business and investment savvy Buffett has long been an American folk hero whose … Read More