Let me state right off the bat: I love alternative investments. Today there are a huge range of opportunities to invest outside of the public markets, and I've written about some of them in the past: Wunder Capital. You can buy unsecured notes from Wunder Capital that are paid back from repayments on solar panel installation loans. Rich Uncles. Rich Uncles is … [Read more...] about How can you be paid to take risks you don’t understand?
I've been catching up on some episodes of a podcast targeted towards financial independence enthusiasts called ChooseFI. The hosts make up for a fairly rudimentary understanding of money with a ton of enthusiasm, which makes it fairly enjoyable depending on the episode. In a recent episode they started talking about car ownership, and something clicked with … [Read more...] about Is your car a cost center or a profit center?
As you may have heard, US stocks are expensive. You may even think you know what that means. Personally, I have no idea. I buy organic milk. Organic milk costs more than milk from corn-fed antibiotic cows. In other words, it's "more expensive." I buy t-shirts made by union workers in downtown Los Angeles. They cost more than t-shirts made in … [Read more...] about What should stocks cost?
I've written elsewhere about the Robinhood app and Robinhood margin accounts (branded as "Robinhood Gold"). One issue raised on the Saverocity Forum was that Robinhood's margin interest rates were high compared to those offered by Interactive Brokers, generally considered one of the cheapest sources of margin credit for retail investors. I … [Read more...] about All-in margin account rates at Robinhood and IB
Finance, like many professions stocked with men trying to impress each other, has accumulated a plethora of cliches like barnacles on the hull of a ship. Among the hoariest is the admonition, "don't buy the dividend." Since I, personally, love dividend-paying stocks, not because of their "outperformance" or their "value" but simply because they pay dividends, I decided to … [Read more...] about No, you still shouldn’t buy the dividend