“This offer is available TODAY only; you’d better hurry while it lasts!” “Normally I would charge much higher than this, but for you only, I’m making you a special offer that you can’t refuse.” “You would be stupid to turn down such a good deal.” Do these slogans sound familiar to you? If so, then… [Read More]
How I Almost Got Scammed: Lessons Learned from Trouble in “Paradise”
Enjoying Southeast Asia Last winter, me and the girlfriend went on a one month tour of Southeast Asia. It was a fantastic trip, and the countries we visited were very beautiful; we stopped by Vietnam, Cambodia, Thailand, and Taiwan. We took in a lot of sights, ate many different types of food, and took in… [Read More]
How Mutual Funds Rip You Off with Extra Fees and Charges
In my last post, I showed how index funds allow you to save more money by losing less of your investment returns to management fees. Here is what different management expense ratio (MER) levels will cost you on an initial $10,000 investment at 10% growth compounded annually:
Save More Money with Indexed Funds
In my short investment journey, I have read books, articles, and blog posts about the merits of index funds. “Invest in index funds”, they say, “and stop wasting your money on management fees!” Are the authors really telling the truth? Passive investing The idea behind an index fund is simple enough: all it does is… [Read More]
The “Guest Post”: A Deceptive Advertising Trick
The role of advertising on the Internet is changing. With the rising power of Google and the role of links in determining placement in the search results, a growing number of companies are seeking to buy their way up the rankings by purchasing links on other websites. The problem with purchasing links in order to… [Read More]