One Million Dollars
Investing
2

This is How Long it Takes to Save a Million Dollars

Ever wonder how long it takes to save a million dollars? The short answer is it depends how much you can save each month and how well your investment performs. Admittedly, one million dollars is not what it used to be, thanks to inflation. But it’s still a reasonable goal …

Investing
4

Rebalancing Your Portfolio is Like Going to the Dentist

There’s probably nothing more uncomfortable than your visits to the dentist. I don’t know about yours, but my dentist doesn’t have the gentlest hands I can brag about. Once you’re seated on that dreaded chair, you’ll be as helpless as a toddler as she works on scraping the tartar buildup …

Wolves of Wall Street
Investing
4

Excessive Investment Fees: Is Your Portfolio Being Feasted Upon?

One of the most entertaining scenes in the movie ‘Wolf of Wall Street’ is when Mark Hanna (played by Matthew McConaughey) explains to new recruit Jordan Belford (Leonardo DiCaprio) how stockbroking business works over lunch of martini and cocaine. “F*** the clients. Your only responsibility is to put meat on …

How to Ruin Your Investment Portfolio (Part III: Short Selling)
Investing

How to Ruin Your Investment Portfolio (Part III: Short Selling)

In Wall Street and beyond, there is no shortage of greedy people. Many will resort to strategies that are borderline immoral like short-selling stocks of company XYZ and wishing that the company loses half of its value so long as they profit from the trade— even if it meant that the company goes bankrupt and the majority of its employees are laid off.

How to ruin your investment porfolio (Part II: Technical Analysis)
Investing

How to Ruin Your Investment Portfolio (Part II: Technical Analysis)

Humans are by nature impatient. At the supermarket counter, we’d constantly look into our watches when several people are queued ahead of us. If we’re in a hurry, we’d drive to another store even if it takes much longer to get there. And if we actually do, we’d honk on a car in front of us, at some stoplight along the way if the driver hesitates to proceed for safety.

How to Ruin Your Investment Portfolio Part I
Investing

How to Ruin Your Investment Portfolio (Part I: Day Trading)

Almost everyone has heard of Aesop’s parable of “The Tortoise and the Hare”. In a nutshell, the story goes like this… There once was a hare who bragged about how fast he can run. Tired of the hare’s boastful behavior, the tortoise, challenges him to a race. The hare soon …

Stock Market is like Climate Change: Keep your Eye on the Man, not the Dog
Investing

Stock Market is like Climate Change: Keep your Eye on the Man, not the Dog

In episode 12 of the fascinating science mini-series, Cosmos, Neil deGrasse Tyson explains why meteorologists suck at predicting the weather. He goes on to explain the difference between weather and climate. “Weather is what the atmosphere does in the short term, hour to hour, day to day. Weather is chaotic, …

Visualizing Worst and Best Days of the Dow
Investing

Visualizing the Best and Worst Days of the Dow

“Dow falls 832 points in the third-worst day by points ever” was the headline last Thursday on CNN Business. The media loves to sensationalize declines in the stock market, like any other news topic. The increase in readership almost always results in increases in advertising revenue. But the truth is the …

Achieving Financial Freedom through Investing
Financial Planning
9

How He Achieved Financial Freedom by Smart Investing

The term Financial Freedom is often used interchangeably with Financial Independence. But to me, there’s a subtle difference– Financial Freedom is a step higher than being financially independent. That’s when you can splurge on first-class airline tickets as opposed to traveling in coach, where strangers might end-up snoring on your …

Investing
2

The Opportunity Cost of Claiming $2,500 Worth of Property

Sometimes I wonder if I deserve to blog about personal finance. I’ve made too many embarrassing money mistakes in my life–  I would suffocate if I had to re-enact the number of times I have face-palmed myself. Here I was, declaring myself to be on a mission to educate broke …