Unrefined Financial Independence information for the unawakened Entrepreneur, Self-Employed, and Freelancer, deep inside you.
5 Apr 2020 5 minute read 0 comments moneyredpill
INVEST. One of the most common fallacies of the lower and middle classes is this: Save enough money = eventually become rich. You make a good living, you save a good chunk of your paycheck every week, and as you get promoted or your annual income...
1 Apr 2020 7 minute read 0 comments moneyredpill
In one of our favorite scenes from the 2008 biopic The Social Network, Harvard students Cameron and Tyler Winklevoss meet with the University President to address fellow student Mark Zuckerberg allegedly stealing their idea. After presenting their ca...
31 Mar 2020 1 minute read 0 comments moneyredpill
Volatility is a statistical measure of the variance of returns or price fluctuations for a security or market index. Volatile assets are considered riskier than less volatile assets because the price is expected to be less predictable and have...
22 Mar 2020 3 minute read 0 comments moneyredpill
With nearly the entire Earth's population locked indoors at our computers, waiting for time to pass, what better time to add to your Crypto stack than now? Let's not kid ourselves; the most effective way to accumulate significant amount of crypto is...
21 Mar 2020 1 minute read 1 comment moneyredpill
As I rewatch this series for the first time from the pilot to the finale, I can't help but recollect how far under the radar such an outstanding TV show has come and gone, in such a high-demand multimedia world we live in, no less. For anyone unfamil...
16 Mar 2020 1 minute read 0 comments moneyredpill
An expense ratio is the operating cost of a stock or asset fund, in percentage, charged by a financial institution for administrative, management, advertising, and all other expenses related to the fund. This is calculated by dividing a fund’s operat...
14 Mar 2020 1 minute read 0 comments moneyredpill
An index fund is a type of passive mutual fund that was introduced in the 1970s by Vanguard’s Jack Bogle and gained traction in the ‘90’s alongside the rise of Exchange-Traded Funds (ETF’s) and the internet, both of which enabled small and amateur in...
12 Mar 2020 1 minute read 0 comments moneyredpill
An asset class is a group of similar types of publicly-available investments. These securities share similar features and thus typically behave similarly in the marketplace. For example, if you only invested in broccoli, cucumbers, and tomatoe...
9 Mar 2020 1 minute read 0 comments moneyredpill
‘Blue Chip’ is a common term in finance to describe a high-quality, low risk investment, usually referring to a well-established company or company stock that has performed well over time. Typical blue chip stocks have a proven history of solid earni...
5 Mar 2020 1 minute read 0 comments moneyredpill
Alpha is a financial investment term used to describe the return on investment (ROI) differential of an investment/trading strategy’s outperformance of the overall market’s performance. This is usually referring to how much a fund or portfolio manage...
