• Finance Basics

    Necessary Financial Math

    Math. Love it or hate it, if you want to understand your finances you’ll need to learn a little math. For example, in a previous post I told you that if you saved $503 a month, you could have 1 million dollars…

  • Finance Basics,  Retirement

    What are Inflation Protected Securities?

    Earlier I introduced the concept of the inflation protected securities when I wrote about Bogleheads’ investment strategies. Treasury Inflation Protected Securities (TIPS) can be purchased at www.treasurydirect.gov, in $100 increments (minimum $100 purchase) and are available in 5, 10 and 30-year…

  • Finance Basics

    Diversification – The #1 Rule of Investing

    When I was working on my MBA I became interested in a technology company that was changing the way the computer industry stored data. This was 1990 – long before the dot-com craze and this company actually manufactured something –…

  • Finance Basics

    The Rule of 72

    There is an often misquoted “rule of 72” and it goes like this….. If you want to know the number of years needed to double money at a given rate of return, you just divide 72 by the rate. For…

  • Finance Basics

    Financial Jargon

    Imagine how lost one of your non-veterinary friends would feel if they walked and heard you speaking to colleagues about a fascinating case. “Today I saw a GSD with IHMA. His PCV was 14 and his SpO2 was 91…..”What does…

  • Finance Basics

    Mutual Fund 101

    What is A Mutual Fund? You can think of a mutual fund as a basket full of stocks and or bonds. The fund pools moneys from many different investors by selling shares and uses the investor’s funds to purchase stocks…