Back in the good ole days when interest rates were high, I generally chose to keep my uninvested cash in a money market account or a high-interest savings account. This would keep my uninvested cash “working for me” by stashing it away in a low-risk banking product or debt security. Compared to keeping my money in the stock market, these accounts produced a worry-free, predictably safe return.
Read More
CEFs exist in a weird space between ETF and mutual funds, but typically aren’t a perfect substitute for either. Like mutual funds and ETF’s, CEF’s represent a pooled interest in a larger investment.
Read More
Most workers trade their time for money, commonly referred to as an hourly wage. CEOs and other highly paid individuals who bring wealth to their organizations through decision making, leadership, or long unorthodox work schedules can’t be properly compensated on a per hour basis. Instead of paying them outrageous wages that would be highly taxed,…
Read More
Apple has announced that it will be conducting a 4 for 1 stock split on August 24. Below, I will explain what a stock split is, how it works, and how it affects Apple and its investors. What is a stock split? A stock split is what happens when the board of directors of a…
Read More