This article really made me cringe. “68% of Americans Destroy Their Credit Before Age 30”. Specifically, 68% of Americans make “at least one major financial mistake” about age 30, which results in negative information on their credit rating. If you have financial information and a plan, however, you can avoid these problems- at any age. […]
What A Urinal Ad Can Teach Us About Unconstrained Bond Funds
in Personal Finance/by Kenneth W. BoydIt has to be the best urinal ad- ever. Right above the urinal a movie theater bathroom, in red letters “Flat rate divorce services”. The ad had a nice picture of an office and the attorney’s phone and email address. Talk about a captive audience- really sort of brilliant. You’re a guy, you’re absolutely […]
Trouble At The Genius Store (Auditing Inventory)
in Stories: Accounting and Finance/by Kenneth W. BoydAuthor’s Note: Explaining accounting and finance can be pretty dull. That’s a problem, if you need to learn accounting or finance. On a plane from St. Louis to Seattle, I decided to try and fix the problem. What if I could wrap some accounting concepts inside of a quirky (funny?) short story? My goal here […]
What A Tattoo Can Teach Us About Relationships and Investing
in Personal Finance/by Kenneth W. Boyd“I can choose peace, rather than this.” Pretty powerful, huh? It’s a quote from Wayne Dyer, the spiritual writing and speaker. It’s a good introduction into the topic of couples and personal finances. Sometimes, the process is not peaceful…. Have a question about personal finance or entrepreneurship? Join the Ask Me Anything live chats […]
How To Take Charge Of Your Debt: At Any Age
in Personal Finance/by Kenneth W. Boyd“Success consists of going from failure to failure without loss of enthusiasm.” I love this quote with Winston Churchill. It’s one of several quotes I keep on a piece of paper in my wallet. I think the “attitude” of this quote can help anyone who is in debt. A debt problem can be solved- regardless […]
What Presidential Primaries Teach Us About High-Dividend Stocks
in Personal Finance/by Kenneth W. BoydThe New Hampshire primary results are in. Some candidates have dropped out, and supporters are scrambling to find a winner. The same thing is true with investors. As of Feb. 11th, the Standard and Poor’s index of 500 stocks is down 10.51% for the year. What about bonds? Well, here are some current yields for […]
How To End Poor Decision Making During Market Volatility
in Personal Finance/by Kenneth W. BoydNo one knows enough to be a pessimist. I love this line. It’s from Wayne Dyer, the speaker and author who recently passed away. Here’s another one I like: If you change the way you look at things, the things you look at change. These two quotes apply to investing decisions in today’s volatile markets. […]
4 Ways That Reddit Can Help You Avoid Personal Financial Problems
in Personal Finance/by Kenneth W. BoydThis article really made me cringe. “68% of Americans Destroy Their Credit Before Age 30”. Specifically, 68% of Americans make “at least one major financial mistake” about age 30, which results in negative information on their credit rating. If you have financial information and a plan, however, you can avoid these problems- at any age. […]
What Nearly Getting Crushed By A Light Pole Teaches Us About Investing
in Personal Finance/by Kenneth W. BoydI don’t know if I can call what happened to me last Friday morning a “near death experience”, but it was attention getting.. Every morning, I go by a Panera about 6 blocks from my house to get coffee. While I’m in the car, I start to organize my thoughts for the day: what am […]
What Oil Price Swings Can Teach Us About Investment Sectors
in Personal Finance/by Kenneth W. BoydInvestors have seen almost historic price swings in the markets. As of January 13, 2016, the Standard and Poor’s (S&P) 500 index is down over 7.5% for the year. One big impact on the market is the decline in the price of oil. Oil prices have declined by more than 60 percent since June of […]
What A Zombie Apocalypse Can Teach Us About Robo Investment Advice
in Personal Finance/by Kenneth W. BoydThe demands of investors- particularly millennial investors- are dramatically changing how people find and use investment advice. One massive trend is the shift toward automated investment services, or using “robo advisors”. Is this type of service ultimately better for investors? Now, the zombie reference is an exaggeration. But it’s used to make the point that […]