The decisions you make as an investor- even small decisions- have a huge financial impact on your life. You work hard to save, you invest, you put a plan in place. However: that’s not enough. In my 30-years kicking around accounting and finance, I see several actions that investors should take- but don’t. Now, these […]
3 Reasons Why Investors Love Predictability
in Personal Finance/by Kenneth W. BoydWe all love predictability- just the word itself sounds great, doesn’t it? We want out cars to start on a cold winter morning. Travelers want that holiday flight to see the kids to arrive on time. All of us buy particular brands of food, because we know what we’re getting (I stick to Campbell’s Soup, […]
6 Reasons Why Investors Own (And Avoid) Variable Annuities
in Personal Finance/by Kenneth W. BoydIf there’s one investment that causes controversy in the investment business, it’s variable annuities. It seems that no one is in the middle on annuities- a lot like our politics today. Some financial advisors love them, because they can offer many choices. Others hate them and think they’re very expensive. So, here are some surprising […]
What A Politician’s Autobiography Can Teach Us About Investing
in Personal Finance/by Kenneth W. BoydMany politicians use an autobiography as a way to market themselves and advance their political careers. It’s a familiar strategy: Governor Smith writes an autobiography. The Governor promotes the book on radio and TV talk shows, in magazines and podcasts. He hits the road for book signings. Governor Smith gets exposure for his next politician […]
Baking A Pie: An Accounting Story
in Stories: Accounting and Finance/by Kenneth W. BoydAuthor’s Note: Explaining accounting and finance can be pretty dull. That’s a problem, if you need to learn accounting or finance. On a plane from St. Louis to Seattle in 2015, I decided to try and fix the problem. What if I could wrap some accounting concepts inside of a quirky (funny?) short story? […]
4 Actions Every Investor Must Take
in Personal Finance/by Kenneth W. BoydThe decisions you make as an investor- even small decisions- have a huge financial impact on your life. You work hard to save, you invest, you put a plan in place. However: that’s not enough. In my 30-years kicking around accounting and finance, I see several actions that investors should take- but don’t. Now, these […]
Dreamboat Annie: An Accounting Story
in Stories: Accounting and Finance/by Kenneth W. BoydAuthor’s Note: Explaining accounting and finance and can be pretty dull. That’s a problem, if your need to learn accounting and finance. So, on a plane from St. Louis to Seattle in 2015, I tried to find a solution to that problem. What if I could write about some accounting concepts inside of a […]
The Ferrari, Mark Cuban, and Stock Market Trading
in Personal Finance/by Kenneth W. BoydThe Ferrari passed me going 60 MPH, passing the “Speed Limit 40” sign. I was driving on a road I take the to gym everyday. Sure enough, a police car was hiding near the school entrance- and he pulled over the Ferrari. I was by myself, but couldn’t resist laughing at the driver’s bad fortune… […]
Making Outdoor Gear: An Accounting Story
in Stories: Accounting and Finance/by Kenneth W. BoydAuthor’s Note: Explaining accounting and finance can be pretty dull. That’s a problem, if you need to learn accounting or finance. On a plane from St. Louis to Seattle in 2015, I decided to try and fix the problem. What if I could wrap some accounting concepts inside of a quirky (funny?) short story. My […]
9 Things Carl Ichan Taught Me About The Markets (6 Video Links)
in Personal Finance/by Kenneth W. BoydDanger Ahead. This is the title of a brilliant 15-minute video by billionaire investor Carl Ichan in 2015. The video is a clear discussion of some topics that no one else is talking about with the same level of clarity. Ichan’s common sense approach explains how low interest rates and other factors create risks […]
Can’t Keep Up? 5 Financial Tools to Simplify Your Life
in Personal Finance/by Kenneth W. BoydMany people have trouble staying on top of their finances. That same problem exists for business owners. This process can be a big challenge for those who don’t work in the finance and accounting field full time. If you don’t track you finances properly, you’ll make poor spending decisions- in business and finance. Fortunately, there […]