The Kelly Criterion, Expected Value, and When Investing Becomes Gambling
The Kelly Criterion and Expected Value are two gaming ideas you need to know before you start investing. Both will help you understand your edge as an investor.
The Kelly Criterion and Expected Value are two gaming ideas you need to know before you start investing. Both will help you understand your edge as an investor.
If you want to cancel a credit card, it's important to do it the right way so you minimize the impact on your credit.
Evergreen is offering a high yield checking account that sweeps your money into T-bills, earning you higher interest that's state and local income tax exempt. And they're offering $250 to new clients!
Ever wonder if you're spending too much or too little on something? Curious what others are spending on it? We look at the BLS' data on consumer spending and breakdown the categories so you know what others are doing.
Sometimes the best decision isn't the "good" money decision and that's OK. Life is about living in the way you want, not always following what the math says.
Navy Federal Credit Union has a no-penalty add-on CD, which are two CD features I've never seen combined before. Banking products are becoming increasingly flexible and I discuss why I think that is.
Digital nomads need a bank that can help them manage their money while traveling. Critical features include low monthly and foreign transaction fees, global ATM access, the ability to pay bills and transfer funds, and responsive customer support. If you're a digital nomad or planning to become one, here are 16 of the best banks for digital nomads. Learn more.
The Inflation Reduction Act included two provisions that offered tax rebates and credits for energy efficient home improvements. We take a look at those provisions and how states will implement them.
Vanguard has sold nearly all of its retirement accounts (except the SEP-IRA) to Ascensus. We use a Solo-401(k) at Vanguard so we break down what this changes looks like to us what we will do next.
The internet is a great place to get new ideas and opinions you hadn't considered you can't blindly follow the advice. Your finances are too important to leave to internet articles written by unknown people. Instead, follow a variety of bloggers, bounce new ideas off a trusted source, and verify your decisions with a fee-only financial planner when you can.
Bluevine is a fintech company catering to small businesses. How does Bluevine's business checking compare to offerings from other fintechs, such as Found, and Lili? Find out in this Bluevine Review.
Tribes are great when it comes to sports. It's fun to cheer for something and wear its gear. It becomes dangerous when this tribalism extends into the realm of investing.