Interest in Finance

There was a point early in Greg's tenure with the company where Brian almost let him go. Brian didn't see the value in what Greg was doing. Dialing 300 times a day and not closing any deals was not a strategy for paying the bills.  But I saw something in Greg: work ethic and consistency. Brian and I had an interesting relationship. Although he called me a loser that couldn't even hold a job at Walmart (which was true), he still somewhat valued my opinion. One day, he and his wife (who handled the company finances) told me that they were going to let Greg go. They had good reason, Greg wasn't closing deals plus his condition was becoming a distraction to everyone else. I told them they would be making a mistake. I didn't have a solution for them, but I told them Greg was good for the company, that he worked hard and could be used as a lead generator. Brian took my advice and kept Greg. He put him in the corner office where Greg could close the door and...

A few years ago, an email was sent out to all employees where I worked about an 'Employee Stock Purchase Plan' (ESPP). I quickly ignored the email because it looked like a hassle to sign up for. Six months went by and I found myself talking to a co-worker who had signed up for the ESPP program. I asked him how it went. "It's free money!" he exclaimed. So I started to dig deeper. How does it work? Is there any chance I could lose money? Those were my two questions. He explained it to me and then I met with a few other co-workers about it as well. It turns out, the program was essentially a guaranteed 15% gain. Here is how my ESPP worked: The company would take 15% of my salary and put it toward the fund. That means 15% of my paycheck was immediately dispersed into my ESPP account. At the end of a the 6 month period, I bought the shares of company stock at 15% below the lowest point the stock had been with the money I had invested, and was able to...

Bitcoin just hit $13,000! Is it too expensive to buy right now? Some people say it is going to grow to $100,000 or even $1,000,000 in the next 5-10 years, while others say it is a bubble ready to burst. I have a theory on it with the limited research I have done. I first heard about bitcoin back in November 2013. My friend had three coins he bought for $210 that he sold for $700+. It seemed like the wild west to me at the time. I ended up forgetting about it until this year. I started following it closer when it was around $2,000 because a friend of mine was putting all his money into it. Even though I have followed  Bitcoin since it was $2,000, I have yet to pull the trigger on an investment. I did invest $500 in Litecoin about 10 days ago, and I have already seen about a 10% gain. What if I had invested $10,000? $20,000? Should I be kicking myself? My answer is no because this investment is still speculative. Optimists are sure it is going to be the new world currenc...

You hear stories about day traders making millions and living the dream with all their fancy cars. Well I tried that. It ended with me losing $8,000 in one month on penny stocks. So if you want day trading advice, please stop reading this. I did however, figure a simple easy way to invest in really high paying dividend stocks like AXP, BAC, STM, KHC, ect. How did I find out these stocks were a good investment? None other than the great Warren Buffett. See Buffett publicly posts his portfolio here and his latest buys and sells here . I was able to invest in BAC and SYF almost the same time Buffett did. I am still new to investing, and have learned a lot to make myself feel confident to make a few investments with my own research. While I am learning, I still want my money to grow for me, so why not follow the most successful investor who has ever lived? Over the past 5 years, I have put $5,500 per year in my IRA Roth and contributed to my matching 401k for m...

Jake was a little odd, but he was a nice guy. He worked as a bus boy at a Mexican restaurant that he loved talking about. He was particularly excited about the opportunity to move in because that meant he got to party in  my garage every weekend. So we started having parties on just Friday nights, then that turned into Friday and Saturday nights every week. Before long, we were having parties on random Tuesdays. I would show up to work the next day hung over, un-showered in sweat pants at noon. I would leave at 3-4pm every day. I was getting paid $2,000 a month to show up whenever I wanted. Brian was getting tired of it. I was producing, but I was barely paying for myself. With the rent money coming in, people bringing free beer and drugs to my house in exchange for a place to party, I didnt need money. I was using the money I did get to pay towards the principle of my home, which I thought was a good idea at the time. Looking back, I cannot believe my neighbors...

When it comes to investing, getting started can be hard. First there are questions like this: Should I use a broker? If so, which one should I use? Should I invest in mutual funds? Bonds? Individual stocks? Is the market too high right now to invest in? Is the bubble going to burst? Should I pay my mortgage off sooner instead? The answer to these questions depends on what point in life you are in, but I believe everyone should do some form of investing. Here is a quick back story on me and why I decided to invest: There will be a few parts to this story and it will all make sense at the end (I hope) Growing up for me was pretty easy. I grew up the oldest of 3 children in a middle class family in Brush Prairie, Washington. Food was always on the table, my parents were very supportive and paid for all the activities I wanted to do whether it be Sports, Summer Camps, or going to the movies with friends. Aside from a small list of daily chores (t...