Maximizing your EV in life
Last week, I talked about the three stages of financial despair. We all want to get out of the rat race, but before we get there, we need to get out of the hole and onto level ground. Financial freedom Financial independence is one of my life-long dreams. I don’t really believe in the “traditional… [Read More]
The road to financial independence isn’t always smooth and straight. There can be stumbling blocks along the way, and it’s also possible to end up on the road to financial despair. How do you know if you are on the right road? What are the three stages of financial despair? Neutral stage The neutral stage… [Read More]
There is a concept in economics known as comparative advantage. The idea is that we are better off by specializing in the things that we are good at, and trading with others for the things that they are good at. We’re all better off as a result. It doesn’t even matter if one person is better than… [Read More]
My first time (getting laid off) It was nearly ten years ago when it happened. I was young, just barely into my 20s, and I was studying at college as a full-time student. I was living on my own, and I had a car, so I had quite a few bills to pay. I worked… [Read More]
This is a guest post by Mathieu Bouville, PhD What on Earth is the CAPE? The price-earnings ratio (P/E) is a common tool for valuing a stock or a group of stock (such as an index). A difficulty is that there are multiple choices for the earnings. One generally uses forecasts, but these are basically… [Read More]
