Happy New Year! It is a New Year and that means a fresh start! Many of you may be planning your budget for the year and this includes retirement contributions. Here are some things to start considering in the new year: 1. Contribute to your Retirement Fund If you haven't finished contributing to your retirement funds for 2016, you have up until Tax Day to do so, which is … [Read more...] about 2017 New Year Jump Start
How did everyone do last year? According to my brokerage account, I was lucky enough to have earned 19% despite having a bumpy opening to 2016. But that's not the greatest achievement, at least not for me personally. I was able to get both my middle sister and my cousin started in investing, and did it through a disciplined approach. And to get them to invest, I … [Read more...] about 2016 Year End Review
Today (11/16/2016), minimum wage in the United States is $7.25 per hour. Many states also have their own minimum wage laws and luckily for us, the higher of the two apply. Especially here in DC where the minimum wage is $10.50 per hour and the cost of living is ridiculously higher. Let's take a look at dividends again and see how much we'd need to save up in order to … [Read more...] about How much do you need in dividends to cover minimum wage?
We're in the latter half of our earnings season and I thought I'd take some time to share some information on how to calculate expected stock price movement around a binary event like an earnings report. This involves analyzing the expected movement in the underlying options. The expected move of a stock for a binary event can be found by calculating a IV percentage of the … [Read more...] about Expected Stock Movement
What happens when you combine the stock market and elections? Election years tend to shake up the market because of the contrasting business policies from each side. This year we had a Trump vs Hilary show down. Trump has been known to be very pro-business. A pro-business agenda may benefit the stock market and elections a lot. The benefits that big businesses will reap with … [Read more...] about Stock Market and Elections
This question has been popping up recently on social media and social circles: Do I need life insurance? Even worse is that life insurance companies and MLM companies that sell life insurance have been popping up around my area. Their aim is to make money off the monthly premiums from unsuspecting clients. And they do this without educating them on whether they need it or not. … [Read more...] about Do I Need Life Insurance?