Strategy | Easy Peasy Finance for Kids and Beginners

5 Money Mistakes to avoid in Your 20s and How to Fix Them

September 17, 20200

One of the best times financially is when you’re in your 20s – you’re likely not married, don’t have a mortgage or other obligations, and your job is probably the least demanding it will ever be. If you take …

What is 401k Employer Match or Contribution & Vesting Schedule?

September 7, 20200

You told me that one of the biggest advantages of a 401k account is the employer match. But can you explain it to me? Employer match means that your employer also contributes money to your 401k account – in addition …

7 Reasons ALL Kids Must Learn Personal Finance

July 15, 20200

Did you know? 50% of American households live paycheck to paycheck 44% of Americans don’t have enough cash to cover a $400 emergency expense The average American household’s credit card debt is $5,700 A third of Americans have saved nothing …

Comparison: Actively Managed Funds vs Passively Managed Funds

July 14, 20200

Howdy Wall St. Willy! Sometime ago we talked about Actively Managed Funds and Passively Managed Funds. But can you tell me some of the differences between them? The main difference between actively managed funds and passively managed funds is their …

What is Diversification and Why Should You Diversify?

July 13, 20200

Howdy Wall St. Willy! In the newspaper I read about diversification, but what is diversification anyway? Diversification is investing money in different things instead of investing all of your money in just one or two things. Why would I need diversification? …

What are Sectors? Industry vs Sector for Diversification

July 3, 20200

Howdy Wall St. Willy! When we talked about investing in stocks, you talked about diversifying among large cap, mid cap and small cap stocks. But, is there any other way of diversifying while investing in stocks? That’s a great question, …

What is Portfolio Rebalancing?

July 2, 20200

Howdy Wall St. Willy! Sometime ago, we talked about asset classes, and when we talked about that, you said something about portfolio rebalancing. But what is portfolio rebalancing anyway? Portfolio rebalancing (or portfolio re-balancing) is buying and selling securities from …

11 Key Personal Finance Concepts You Must Know for Financial Success