Published inMaking of a Millionaire·Nov 12, 2021Member-onlyWhat’s the Secret to Picking Winning Stocks? Don’t Fall for the BullshitAccording to the Financial Trust Index, Americans’ trust in the finance industry is at a measly 33%, which is an all-time high. It’s no surprise Americans are so distrustful of the finance industry, either. We’re constantly bombarded with stories of bad actors like Bernie Madoff, billionaires are getting richer while…Stock Market Tips6 min readStock Market Tips6 min read
Published inMaking of a Millionaire·Nov 5, 2021Member-onlyWomen Are Exactly This Much Better at Investing Than Men — Spoiler: It’s A LotJust 9% of women think that they will outperform men as investors. Just 14% of us say we know a lot about saving and investing, and just 33% say we feel confident making investment decisions. To put it mildly, women are not confident investors, and it’s no surprise. Many women…Gender Pay Gap6 min readGender Pay Gap6 min read
Published inMaking of a Millionaire·Oct 29, 2021Member-onlyHow to Stop Failing at Budgeting and Buy What You WantIf you’ve tried budgeting and failed, you’re not alone. I tried budgeting for years without success. Being a bad budgeter always made me feel like a financial failure until I realized that the problem wasn’t me. It was all of the extreme budgeting advice that’s pushed by the finance industry…Budgeting6 min readBudgeting6 min read
Published inMaking of a Millionaire·Oct 22, 2021Member-onlyMillennials Are Fucked if We Don’t Start Talking to Our Parents About MoneyA staggering 60–70% of 18–34-year-olds still rely on their parents for financial support, and although millennials make up the largest percentage of the workforce, they own under 5% of the total wealth in the US. For comparison, their parents, the boomers, owned slightly over 21% of the wealth at the…Personal Finance5 min readPersonal Finance5 min read
Published inDataDrivenInvestor·Oct 15, 2021Member-onlyHow South Dakota Is Making the Rich Richer and You PoorerThe Pandora Papers that were recently released confirmed that the ultra-rich will do almost anything to skirt taxes, but a shocking revelation from the documents was that the elites don’t need to go as far as we thought to do it. They can shelter their money right on American soil…Pandora Papers7 min readPandora Papers7 min read
Published inMaking of a Millionaire·Oct 8, 2021Member-onlyShould You Invest with Acorns?Ashton Kutcher and A-Rod say yes. Are they right? Fall is officially upon us and the squirrels are fully invested in rounding up acorns for their winter food cache. This practice is similar to the highly advertised round-up feature used on the investing platform, Acorns. You can link all of…Investing6 min readInvesting6 min read
Published inDataDrivenInvestor·Oct 1, 2021Member-onlyHow Robinhood’s Gamification of Investing is Tricking You Into Making Them MoneySince March 2020 when we were all locked inside with nothing to do, retail investing has been all the rage. We’ve seen Reddit investors cause hedge funds to lose billions on multiple occasions, teen TikTok traders have become financial “gurus”, and new trading apps like Robinhood have used gamification to…Stock Market5 min readStock Market5 min read
Published inDataDrivenInvestor·Sep 24, 2021Member-onlyHow Many Credit Cards Is Too Many?The average person has 4 credit cards. Some of you probably loathe the idea of stuffing that many cards into your wallet, while others of you can’t believe the average is that low. Regardless of your preferred number of credit cards, there are upsides and pitfalls to having multiple cards…Credit Cards5 min readCredit Cards5 min read
Published inDataDrivenInvestor·Sep 17, 2021Member-onlyThe Effortless Strategy for Investing in the Stock MarketWhen you think of stock market investing, trading is probably what comes to mind. It’s the strategy that’s been popularized by movies, WallStreetBets, and TikTok. They teach you that to be successful at investing in stocks, you have to investigate the stock market constantly to find hidden deals you can…Stock Market5 min readStock Market5 min read
Published inDataDrivenInvestor·Sep 10, 2021Member-onlyWhen to Claim 0 on Your W-4Since March 2020, we’ve started asking questions we never thought we would have to, like how could a 2-week quarantine turn into an 18+ month extravaganza, how the f*** does a boat get stuck in a canal, and why am I spending my days at this job when they don’t…Taxes5 min readTaxes5 min read
