Should we look up to people because they are rich and famous?

Absolutely not. Especially not when we are looking to them for guidance on something that has nothing to do with why they got rich. One of the most frustrating part of society to me is that we look up to people we shouldn’t. Celebrities, especially in the age of Twitter and Trump, have made themselves … Continue reading Should we look up to people because they are rich and famous?

Should you pay rent if you live with your parents?

Your goal should be to move out as soon as possible. Even if this means a drastic change in lifestyle and standard of living. I think parents should wean their children off of financial support. Cutting them off completely can often lead to resentment and larger issues. I would suggest by starting to have the … Continue reading Should you pay rent if you live with your parents?

What would you do if you had to invest all your money in one place?

If you are like most people and want an easy low cost way to invest that is totally passive, VOO and others index funds like it are a great strategy. Over the past several decades there have been very few fund managers that have consistently beat the market. Managed funds likely won’t perform any better … Continue reading What would you do if you had to invest all your money in one place?

What will be the effect of Income Equality on the economy?

Gender inequality has many effects on the economy, some good, some bad, depending on what position you are in. Some of the biggest effects are below. This isn’t intentioned to be pro or con on any of these results, just facts about how changes have and will affect the economy, as women start to earn … Continue reading What will be the effect of Income Equality on the economy?