Basics What is an Unencumbered Asset? Assets can be unencumbered, or they can have outstanding claims against them. For example, a house with no mortgage is unencumbered. a month ago • 3 min read
Basics What is the Mean Reversion Strategy? Mean reversion is the idea that poor performance will rise to average, and stellar performance will fall back to the average over time. 4 months ago • 4 min read
Basics What's the Meaning of Skin in the Game? What does skin in the game mean? It's simple: investors like to see executives taking on personal risk to lead a business. Yet there's so much more to it! 5 months ago • 5 min read
Basics What is a Sinking Fund? Do you have a large one-off purchase coming up in the future? Start setting aside money now! This is the basic principle behind sinking funds. 6 months ago • 3 min read
Work What is an ESOP (Employee Stock Ownership Plan)? ESOPs provide ownership and an incentive for employees to increase profits and share price: the benefits flow right back to them when they cash out. 7 months ago • 5 min read
Basics Why I Track Cashflow and Balances Separately Double-entry accounting systems are powerful tools for finances, but it's a bit overkill for personal finances and leads to more friction to inputting data. 7 months ago • 4 min read
Work What Is Variable Compensation aka Variable Pay? One form of variable pay, known as a performance bonus, is a tool employers use as an incentive for great performance at work. 7 months ago • 3 min read
Basics Worker Cooperatives, Consumer Co-ops, and Corporations Each of this trio of structures pursue three different agendas for the benefit of three classes of people: shareholders, workers, and consumers. 8 months ago • 4 min read
Basics Is a Credit Union Better Than a Bank? In the saga of avoiding patronage of for-profit companies, I started out with a local credit union. Their advantages over banks suit my lifestyle well. 10 months ago • 3 min read
Basics 8 Tips for Financial Self Discipline as a Kinkster On the opposite end of financial independence lies the debt trap, impulsive spending, and poor financial discipline. How do kinksters avoid this fate? 10 months ago • 6 min read
