A somewhat regular collection of interesting personal finance, budgeting, financial independence related links.
Nest Egg Calculator This useful website by Vanguard, let’s you quickly calculate your needed retirement nest egg. By answering how long your savings should last, how long large your savings balance is today, and how much you spend each year, you get a good estimate of how much you need to have invested to life […]
How the Price of Crude Oil Dropped Below 0$ Mind blowing, on Monday 21. April 2020 the price of oil fell to negative 37 USD a barrel. That has never happened and is a result of price and demand forces pushed by the financial sector. This 16 minute podcast by NPR’s Planet Money is helpful […]
Jeff Bezos’ Wealth Visualized Helpful visualization on Jeff Bezos wealth. This is of course before the coronavirus induced recession wiped significant amounts of wealth from Mr. Bezos Portfolio, but it is still really impressive to see the degree of magnitude of his money. https://www.youtube.com/watch?v=qSOVBiEotaw How Exponential Growth in Epidemics works There are so many experts […]
Photo by Utsav Srestha on Unsplash The economics of all-you-can-eat buffets In this interesting analysis the writer analyzes how the all-you-can eat buffets leverage economies of scale and food staging tactics to make a decent margin in a seemingly difficult business model. The economics of all-you-can-eat buffets PostFinance expands negative interest rates to wider number of customers PostFinance is […]
Vanguard lowers prices for index ETFs Vanguard (an issuer of very popular low-cost ETFs) announced recently that it has cut expense ratios for 56 mutual funds and ETFs. According to a press release. Affected funds include the Total World Stock ETF (VT) and the Russell 3000 ETF (VTHR), among others. You can find the full list here. […]