by Justin Knapp | Jun 24, 2021 | Uncategorized
There aren’t many iron laws of money. But here’s one, and perhaps the most important: If expectations grow faster than income you’ll never be happy with your money. One of the most important financial skills is getting the goalpost to stop moving. It’s also one of the...
by Justin Knapp | Jun 24, 2021 | Uncategorized
In 1928, economist Irving Fisher wrote a book called “The Money Illusion” that was all about inflation. The best way to view think about inflation back then was through the lens of wars and how they impacted the economy. Fisher lays out that relationship:...
by Justin Knapp | Jun 1, 2021 | Uncategorized
The Dynamic Spending Rule synopsis: To implement the dynamic spending rule, a retiree would calculate each year’s spending by taking a stated percentage of the prior year-end’s real portfolio balance. The investor would then determine a ceiling and a floor by applying...
by Justin Knapp | May 26, 2021 | Uncategorized
In eliminating barriers to investing in the stock market, is the app democratizing finance or encouraging risky behavior? Read Full Article Here (click here)… Written By: Sheelah Kolhatkar Published By: www.newyorker.com
by Justin Knapp | May 19, 2021 | Uncategorized
WHAT IS OCCAM’S RAZOR? Occam’s Razor is a principle attributed to William Occam, a 14th century philosopher. He stressed that explanations must not be multiplied beyond what is necessary. Thus, Occam’s Razor is a term used to “shave off” or dismiss superfluous...
by Justin Knapp | May 19, 2021 | Uncategorized
It’s 40 years ago this week that Dimensional Fund Advisors was founded. Here are five timeless investment lessons that one of its founders, DAVID BOOTH, has learned in that time. Early in my career, I was lucky enough to work on one of the first index funds. It was an...
