Blog

What to do with your tax refund

It’s time to pull out the receipts, get them organized, and do the darn taxes. A fitting end to a miserable winter? Maybe so. In 2013, the IRS paid $322.7 billion in individual income tax refunds to 120.7 million taxpayers, for an average refund of about $2689. That’s a lot of money. You want to… [Read More]

Bitcoin, Zimbabwe, and full faith and credit

I was thinking about Zimbabwe because of the news about Mel Reynolds, and I have been doing work on bitcoin for various clients. And here’s what I don’t get about bitcoin: what backs it? I understand that nothing backs US currency other than the full faith and credit of the US government, but if the… [Read More]

University endowments up 11.7% in fiscal 2013

The National Association of College and University Business Officers (NACUBO) and Commonfund have released their annual study of endowments, with some interesting information. The average institution reported a return of 11.7% after fees. Larger institutions tended to have better performance, with institutions that have over $1 billion in assets reporting returns of 16.2%, in part… [Read More]

The new edition of Day Trading for Dummies is out

The exchanges and brokerages keep merging, new tools come out, and there’s even this Bitcoin thing. It was time for a new edition of Day Trading For Dummies! If you have an old edition and you’re doing fine trading, you don’t need the new one. If you’re new to trading or considering taking it up,… [Read More]

Latest Work

Hedge funds for Dummies Cover

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.

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Latest Work

Cover of Day Trading for Dummies

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.

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