As I’ve mentioned before, I once moved from Texas to California. With this move came a significant increase in both salary… and cost of living. It led to my savings rate decreasing but my overall dollar savings level staying relatively the same. Today let’s explore the pros and cons of working in a high vs. […]
There is a ticking financial time bomb in the portfolio of many investors, especially those of us with a Day Job. This time bomb is scary because the way the product is purported to work is so different from the way it works in practice. What am I talking about? Well, you clicked the article (or scrolled in your RSS reader)… I’m talking about leveraged ETFs.