So, you have debt. You also hope to retire someday and you want to start investing your money. Both require a commitment. Both require money. Which do you do first, pay off debt or invest? (more…)
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Roth IRAs are so good that they’re probably not going to last. I think that one of these days the federal government is going to say, “Wait a second, that’s just too good of a deal,” and they’re going to yank it, so you want to get one now and Read more.
Here’s Buffett on how to calculate the intrinsic value of a college education:
“Book value is the cost of the college education plus foregone earnings one didn’t receive for those 4 years. Intrinsic value is the earnings over a lifetime less what would have been made without college discount to grad day at appropriate risk rate.”
Let’s see how getting a medical degree looks in terms of its book value versus its intrinsic value. (more…)
Financial metrics are the key numbers that you can focus on in financial statements. There are three financial statements, the balance sheet, the income statement and the cash flow that we like to look at to find important metrics. Read more here.