Finance assumes that people are rational. The problem is, they are not. Money and emotion are tied together, and not always in good ways. Money and emotion are frenemies. That’s the fundamental issue in financial planning. Very few people view money as a tool. So then, what is it? Is it security? Freedom? A game?… [Read More]
One of the reasons that I like saving money is that there are things I really want that are not cheap, like travel. I’d rather spend less at the grocery store every week so that I have more money for vacation. Saving up for things is terribly old-fashioned. Yet, like many old-fashioned things, it’s good… [Read More]
Every now and again, usually about writing, someone says, “you don’t do this to get rich”. I want to strangle anyone who says that. It’s insulting. There are many endeavors where one will not get rich, but that doesn’t mean someone should net receive adequate compensation for his or her time and expertise. It also… [Read More]
The other night, I was talking to a friend who also has a son in high school about our kids’ schedules. Her son had to stop taking Spanish because his school district requires students to take a class in personal finance. On the one hand, I hated to see any American give up study of… [Read More]
Hedge Funds for Dummies, 2e
My first book has been completely revised! Updated to reflect changing markets, accessible strategies through ETFs, and new potential due diligence pitfalls.
Day Trading for Dummies, 5e
With five revisions, countless interviews with successful traders, and lots of research, this is the definitive guide to getting started, managing risk, and staying in the game.