Tag: asset
-
Chapter 36: Lazy Investing
A 3-fund portfolio consists of 3 allocations: a total market index, international market index, and a bond market index. It offers minimal effort, diversification, and long-term benefits for investors.
-
Chapter 34: Financing
When does it make sense to finance? Have you ever been in a situation where you have the capital available to pay something off, but you’re not sure if you should? Maybe it could be a small car note or a personal loan. When does it make sense to finance: The typical rule for me…
-
Chapter 33: Building Credit
Square One New year and new beginnings, building good credit gives you opportunities and expansions into things you wouldn’t be able to do yourself. Using credit properly is a tool. The best example I like to give is fire. You use fire properly and you have warmth and comfort. Use it wrong and you can…
-
Chapter 32: Credit Scores
Big Banks Control My Scores? Having a good credit score is a successful way of proving that you can pay back your debts. It rewards good borrowers by giving them a discount on interest, access to premium credit cards, and larger lines of credit. Many people seem to disagree with this system and calling it…
-
Chapter 30: Equity
Equity in a financial terms means ownership or value. Usually when buying stocks or buying shares in a company you’re trading cash for equity. Equity is a great way to track ownership because even if a company splits their shares or valuations go up you still own a set percentage of the company. For example…
Money Ain't Sh*t 