I spent most of my formative years playing sports – mainly basketball. My own biased belief is athletes have a unique view toward winning and losing because they deal with it earlier in life and more often than most people. It may or may not be true. I have no idea. It’s just my biased experience from sitting in the stands after spending most of my youth on the court.

The early lessons from sports are hard work and team work pay off. As the kids move up the ranks, they learn how to handle winning, losing, and fixing mistakes. Continue Reading…

I’m busy moving servers this week so I dug into my Evernote archives for help. You can find a passive versus active investing article on every single investing site ever. If you don’t, then they probably forgot, or have one on standby for situations just like mine. Anyways, the analogy I use isn’t perfect but it gets my point across. Enjoy.

First, I’ll make this perfectly clear. I’ve never been a fan of arguing passive vs active. It’s a joke and a terrible waste of time on the level of trying to convince a die-hard Republican to vote Democrat. Pushing against a brick wall isn’t fun. Continue Reading…

I don’t know anyone who thought interest rates would stay low for this long or go lower. But falling rates do have one benefit. All you homeowners out there have another opportunity to refinance your mortgage. Mortgage rates fell for most of 2014 to rates we haven’t seen in two years.

Two years ago it looked like the last great chance to lock in historically low mortgage rates. If you missed it, the market gave you a second chance. Current 15 year and 30 year mortgage rates are getting close to those all time lows. You can check the FRED charts below. Continue Reading…