Some people dislike things because they just aren’t cool any longer. Remember the walk-man cassette players, then the portable CD players, and now the mp3 players? What about the cellular phones in a briefcase, then flip phones, and now mini computers that you sometimes talk into? Have dividends become so unattractive in today’s shorts, calls, … Read more
We’ve all experienced the heart pounding, butterflies in the stomach, “I couldn’t have” feelings of paying a bill and realizing that you might not have enough money in the account. Or, maybe you have had a car problem, or unexpected hospital visit and realized that you don’t have enough in savings to cover it. These … Read more
In the world of retirement investing, there is one term you should get extremely familiar with: Roth. This is especially important if you are a young person. Right now, we will focus on Roth IRAs and the less common Roth 401K. Essentially, Roth accounts are funded by after-tax money rather than pre-tax, but we will … Read more
Update: Because of a high number of email requests, we are including some Amazon links to the switch we used (which is pictured to the right), and some other common types made by the same company. We’ve had a great experience with the toggle dimmer, the reviews look pretty good for the other two as … Read more
In our article “Paying Your Mortgage Early” we covered some of the mathematics behind paying a mortgage early. It’s very important to do this in order to minimize the amount of money that you are putting into the banks pocket. For every dollar extra you pay in interest, that’s a dollar you can’t use to … Read more
Today we are going to define a phrase that we will probably be using quite a bit in the future. We are going to better define the phrase “perpetual mindset” for our purposes and uses. We will first give its literal definition, then we are going to apply a more specific definition for our purposes. … Read more
Money.CNN has an article titled “What Went Wrong At Burger King?” in response to the recent acquisition of Burger King by an investment firm. The article is well written and gives a great “macro” perspective, but we wanted to give a more “micro” perspective of the problems in the Burger Kingdom. I find the acquisition interesting because, in my … Read more
Today we are going to discuss some of the mathematics behind paying extra towards your mortgage early on. Here are the assumptions: Mortgage Amount: $150,000 Mortgage % Rate: 5% – Fixed Mortgage Term: 30 Years No prepayment penalty That last one is important. Few mortgages have prepayment penalties, but always double-check. Additionally, there are a … Read more
Happy Labor Day! We would like to wish everyone who reads this blog a happy Labor Day. To all of those people who are working today so that we can continue to enjoy the conveniences that we do everyday, thank you. We hope that you all have a very happy, safe, and enjoyable Labor Day. … Read more
Many people have their vices. Starbucks, nail appointments, alcohol, and a laundry list of others. While, in moderation, many of these things are harmless and can really increase the quality of one’s day, they become problems when they are “needed.” A relatively new phenomenon comes in the form of a new caffeinated soft drink: the … Read more
Recently, in a discussion with a college professor, the question was posed to me: “Is growth and expansion always good thing? Should all companies strive for growth?” I have a lot of opinions on this subject, but my answer went something like this: I do not believe growth is always good. In fact, I’m willing … Read more
You’ve read the stories, and maybe you’ve even experienced the rapid depreciation that new cars get once they are driven off the lot. Many people wonder why their cars depreciate so quickly at first, and we’re going to address some of the reasons below. Additionally, at the end of this article, we also discuss typical depreciation. … Read more
You see advertisements like the one to the right all day long. They all talk about these secrets that the insiders don’t want you to know. They talk about how they hold the key to easy money, and the only way to have the easy life is by buying their program. The Lure They will … Read more
If you have followed our site at all then you have probably read our articles about TV, such as: Watching Netflix On Your Wii Free & Cheap TV Solutions Keeping Up With The Joneses – TV Mania We’re Not Anti-TV Now, it may look like we are anti-television, but really, we actually do enjoy TV. What … Read more
Just the other day we did a book review of “Why Are We So Clueless About The Stock Market?” by Author, and President of Classic Value Investors, Mariusz Skonieczny. We had a chance to catch up with him and do a little interview about his book, his past, and his investment philosophies. Let’s begin: Question … Read more
Recently, we’ve had the pleasure to read a great finance book titled “Why Are We So Clueless About The Stock Market?” by Mariusz Skonieczny of Classic Value Investors. The book is a fairly short read, weighing in at only 164 pages, but don’t let its length fool you. What We Liked: Extremely easy to read Easy … Read more
This is an abstract study in the theories of time and the value of it. Winning With Time To continue from our last article “The Economics of Time,” we will now discuss winning with time. When we use the term “winning with time” we’re simply discussing how you can use time efficiently, either to enjoy … Read more
5 Smart and effective tips to pay off student loans Education has become very costly nowadays. Millions of undergraduates take out student loans to cover the education cost. Sometimes, they’re compelled to take out multiple student loans as higher education has become very expensive. It is essential to remember that each student loan has different … Read more
Hello Everyone, We just wanted to inform you that the Wealth Artisan has officially joined facebook. You can find us under the name of Wealth Artisan or you can simply click on our excellent link right here. Be sure to like us and keep up with all things happening at The Wealth Artisan. We’ve also … Read more
The Economics of Time Sometimes, to truly understand the most complex things, you should first try to understand the most basic. Time is something we take for granted, because it is something that tends to always be there, and when time is not there – well, you don’t notice. This is an elementary study on … Read more
This is Part 2 of a 2 part series called “It’s Your Business!” Part 2 – It’s Your Business! In Part 1 we asked “If your personal finances were a business on the stock market, would people invest in it?” We outlined a couple of ways that you could reinvent your business to make it … Read more