CFI Blog

Stock Picking is No Better Than Sports Betting

The new season will be all about scoring more goals than the opposition.” –Alvin Jones I used to live about an hour south of Louisville, Kentucky, which is the home of the Kentucky Derby, one of the most famous horse races in the world. I took the opportunity to go with a few friends and … Read more

Where’s Waldo? My Recent Guest Posts

Where’s Waldo? My Recent Guest Posts

Occasionally, others ask me to share some insight with their audiences on a variety of personal finance topics. I’m always grateful to them for sharing the opportunity. Here are a few of my recent appearances for (what I hope is) your reading pleasure: Military Retirement & Financial Independence | If You Are Starting a Small … Read more

How the Peltzman Effect Affects Your 401k

Peltzman Effect Affects Your 401k

“There’s nothing safe about safety pins.” –Donatella Versace Have you ever been on a highway and been passed by a motorcyclist who’s wearing his helmet, gloves, full leather riding gear… …and going 120 miles per hour zipping in and out of traffic? When, five miles up the road, said motorcyclist becomes a smudge in the … Read more

How To Confirm Receipt on PayPal? A Comprehensions Guide

confirm receipt paypal

PayPal, a global leader in online payments, facilitates this by offering a streamlined process for users to confirm the receipt of transactions, adding an extra layer of security and trust in online dealings.  Whether you are a seasoned user or a newcomer eager to understand how to effectively “confirm receipt PayPal”, this guide will provide … Read more

Monkey Brain Doesn’t Want to Pay Loans Back

You loan your friend money. You see them again, they don’t say nothin’ ’bout the money. ‘Hi, how ya doin’? How’s ya mama doing?’ Man, how’s my money doin’?” –Chris Rock When I ran a software development company, we had quite a rapid spurt of growth. We had to take on a lot of new … Read more

My Open Letter to 2014 MLS First Draft Pick Andre Blake

My Open Letter to 2014 MLS First Draft Pick Andre Blake

“Talent is God given. Be humble. Fame is man-given. Be grateful. Conceit is self-given. Be careful.” –John Wooden Congratulations! You’re in elite company. Like Andrew Farrell before you, you’re coming into the league at a time when it’s gaining popularity, and that means more scrutiny and more opportunity. Andrew Farrell earned $161,000 in guaranteed salary … Read more

The Case Against Self-Directed IRA Investments

The Case Against Self-Directed IRA Investments

“Happiness is being retired and spending all of my kids’ inheritance before I die!” –Anonymous If you remember in the 2012 Presidential debates, one surprising fact came up regarding Mitt Romney. He had something like $72 quadrillion dollars in his IRA. OK. He didn’t really have that much (it was $71 quadrillion), but he had … Read more