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Let's talk money.

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BY PATRICK VOLK, Oct 11, 2017
An ETF, or exchange-traded fund, is a security that tracks an index, a commodity, bonds, or a basket of assets like an index fund. Unlike mutual funds, an ETF trades like a common stock. ETFs experience price changes throughout the day as they are bought and sold. ETFs typically have higher daily…
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BY PATRICK VOLK, Oct 3, 2017
noun 1. The theory that every skill needed to survive a financial downturn mirrors the skills needed to survive the zombie apocalypse. 2. A stripped down, no nonsense approach to financial survival.The above definition is from a book , Zombie Economics, a Guide to Personal Finance by Lisa Desjardins…
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BY PATRICK VOLK, Sep 26, 2017
An index is a basket of stocks/bonds which are used to track the overall market or a particular sector or region of the investment universe. One example would be the S&P 500, which tracks the largest 500 US companies. Indexing is a passive form of investing in which the investor tries to…
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BY PATRICK VOLK, Sep 18, 2017
There’s nothing wrong with investing while you still have outstanding debt, be it student loans, credit cards or a mortgage. However, you need to examine the cost of the debt in comparison to the potential of the investment. Example: I have a credit card debt of $5,000 with an interest rate of 17%…
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BY PATRICK VOLK, Sep 13, 2017
As some of you are aware, Equifax, one of the three largest credit reporting agencies in the U.S., had a data/security breach. This potentially exposes 143 million users’ Social Security numbers, dates of birth, addresses and in some cases, credit card numbers. Equifax recently admitted the breach…