Learning About Incentives From The Big Short An incentive is something that motivates us to do something. The study of incentive structures can help determine economic activities. If our goal is to have money then we are motivated to work and get paid. 🙂 Understanding how incentives and disincentives work is important to analyzing the financial markets. The subprime mortgage crisis of… Read More »
No Santa Clause Rally The economy is struggling. The bad news is my net worth dropped a little in the last month of the year. But the good news is it still managed to climb higher overall in 2015, so that’s a relief. 🙂 *Side Incomes: Part-Time Work = $1100 Dividends = $600 Interest = $200 *Discretionary Spending: Fun = $900 (holiday shopping)… Read More »
Year End Review – 2015 I remember 2015 like it was yesterday. 😛 I hope everyone is having a great New Year so far. Let’s review some of the biggest financial news and stories from 2015. Falling commodity prices. – The Standard & Poor’s GSCI commodities index plunged 34% in 2015, down 80% from its peak. It’s now at the lowest… Read More »