Nearly 10 years ago, in early October 2007, the S&P 500 Index hit what was its highest point before losing more than half its value over the next year and a half during the global financial crisis. Over the coming weeks and months, there will likely be a steady stream…
In our last segment, we talked about the importance of knowing some basic terms (asset, liability, income, and expense) as well as the critical difference between income and expense on the one hand and mere cash flow on the other. If you missed that one and would like to review…
Chances are you never think of yourself as a CFO (Chief Financial Officer), but that is exactly what you are. If you have even a middle-class income, you’re going to earn millions of dollars over the course of your lifetime. And whether or not you embrace the role, you’re on…
Over the past couple of decades the Internet has transformed our lives, and nowhere is this truer than when it comes to financial advice. Across the entire range of products and services, transactions that once took place in the context of a personal relationship are now conducted online: we can…
We’ve all been there, in one form or another. Something really bad happens to us, financially speaking, and all of a sudden, our life is forever split into two eras: BE (‘before-the-event’) and AE (‘after-the-event’). How our lives proceed from that moment on depends on many things, but in my…
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