Author Archives: Evan

Don’t Confuse Value and Sunk Costs

Yesterday, I was in the middle of “intense” negotiations regarding a fantasy football trade and I was quickly reminded about a Warren Buffett quote that is often repeated.  It was from the Berkshire Hathaway 2008 Annual Letter, Long ago, Ben Graham taught me that “Price is what you pay; value is what you get.” Whether we’re talking about

Savvy Strategies for Making the Most of Your Forex Trading

Now that you are ready to get into the Forex trading markets, you should consider how to tailor your strategies so that you get the most for your money. Good investing is more than just hopping into a hot new market you have discovered. After you know the basics of investing in Forex trading, there

October 2014 Net Worth Update

With the S&P down for the month, I didn’t think this was going to be a particularly good month for my net worth calculations, and I was correct.  As I mentioned last month,for the first time in years, I have some debt I have to get rid of.  I think I only mention it to

Why Does it Seem Like No One is Worried about Growing Public Pension Gaps?

CNBC had an article the other day highlighting the disturbing public pension gap that is growing at an alarming rate.  While I didn’t read the study by Moody’s behind the article the statistics highlighted by CNBC are, to say the least, frightening: In less than a decade, that shortfall has tripled to at least $2 trillion—more than

Received My New York State Family Tax Relief Credit Check

Nothing makes my heart drop like a piece of mail from either the IRS or New York State Department of Taxation and Finance.  While my income is not large by most people’s standards I do own a couple of businesses so any type of notice from a taxing authority makes my head hurt even before