Recently, I’ve seen several discussions on social media about managing cash flows for freelancers. Here’s what I know: Managing your cash flow is key to success in the long run. Cash flow is different from income – and ultimately more important. Cash flow is tricky to calculate and forecast, as any first-year accounting student or associate analyst… [Read More]
I like to cook, but I hate cooking dinner every night. Some days, I am simply too brain dead to think up a delicious and nutritious meal that the whole family will love, to pull from every woman’s magazine ever. Learning to cook is a frugal investment, and everyone should do it. And we need… [Read More]
One of the fascinating aspects of human societies is how people are driven to create holidays that involve mandatory transfers of wealth. We’re heading into the insanity of the many year-end holidays celebrated by different groups in the United States. One of the financial questions raised by this is, how big a problem is overspending… [Read More]
Gen X and Gen Y are cliches, and yet, like so many cliches, there may be something to them. Today, I am struggling with the usual existential crisis that makes managing money so hard: living for today versus saving up until age 100. In finance terms, it’s a matter of opportunity cost; we tend to… [Read More]
I still use cash, in part because I think it makes me more mindful about spending money. Counting out the bills gives me time to think: do I really want to buy this? And yet, despite being a careful shopper and a cheapskate, I make mistakes. Thinking about these helps me to be better in… [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.