John Bogle’s First Principle of Investing Reversion towards the Mean is a Mathematical concept dictating that as the frequency of an event increases; its Actual Outcome is more likely to match its Theoretical outcome.Example: Toss a Coin one time, it is random whether it could be Heads or Tails, toss it 5 times and you could […]
Archives for June 2013
What is truly unique about about Passive Investing? Can we refine it and apply its principles better?
I’ve been harping on about Passive Investing for some time now, for those of you who are interested below are several posts on the subject:As you might also know, my passion, both within Finance and Travel is to find the intrinsic value in things, and the more that people tell me something is right, the […]
Monetization of 0% Balance Transfers for an Interest Free Loan and Profit
This concept was rife several years ago, with many people getting massive profits and earnings from taking out debt from 0% APR Credit Cards and using that money to earn profit by investing it in some form of guaranteed product, such as Certificate of Deposit (CD) that would mature prior to the expiration of the […]
Time to get into Debt Again?
Hanging out with people who have emerged from the shadow of Debt and are now ‘Debt Free’ is worse than going to a bar with a reformed smoker, born again Christian. All you get to hear is how awesome it is to be free from the burden of debt and how empowered they now feel; I […]
Compound Interest – the most misunderstood financial concept – Exposing the Myth of How Teens Can Become Millionaires by Dave Ramsey
I just read a post from Dave Ramsey, well known Personal Finance expert and was surprised at the lack of thought in the theory displayed. I think one of the biggest problems we face in taking charge of our Personal Finances is being able to see through the soundbites and marketing gimmicks and get to […]