Let's talk money.

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…
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…
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…
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%…
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…