Personal Finance Enthusiast / Post-grad Life / Just your typical boy in the Midwest
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GameStop(GME) Stock Price Rising to the Moon

GameStop stock(GME) is currently hovering around $220(as of Tuesday, January 26th) and up 495% over just the last week. As a reference, Bitcoin is only up 263% over the past year. What has happened in the last week and why has GameStop become the nightmare of many institutional investors?

GameStop’s History and Current Environment

Looking back in early 2020 around March or April, GameStop was a struggling brick and mortar retailer. Consumer trends worsening and the new pandemic dealt a huge blow on GameStop leaving them desperate for business. In 2019, GameStop reported a $490 million loss. Due to the pandemic, GameStop was forced to permanently close up shop in 300 locations across the country. The future was looking dark for the last big retail game shop. A single share of GameStop only cost $3.50 …


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Photo by Jeremy Perkins on Unsplash

“So indexes are where they are because of what has happened historically, so over the last 30 years, you know, we’ve had some very big companies grow up. Evolve and grow into the biggest companies in these indexes. The world we’re going into is much different, we think, than the world that we’ve just left and that’s because and this gets into disruptive innovation and why we formed Ark.”

— Cathy Wood, Founder of ARK Investment Management

ARK Invest: The Biggest and Best Performing Active Funds of 2020

The entire backbone of Cathy Wood’s Ark Invest sits upon what she coins, disruptive innovation. Wood predicts that the world we are entering will be controlled by uniquely innovative companies that will disrupt the current status quo. …


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Photo by LinkedIn Sales Navigator on Unsplash

What is a Business Credit Card?

A business credit card is a credit card that is used for business purposes only. These credit cards have many advantages over personal credit cards and they are surprisingly accessible lines of credit to apply for.

You might think that there’s no way you could get a business card since you don’t run a business. In actuality, business credit cards are created for all types of businesses ranging from huge corporations to sole proprietorships. This is important as it opens the door to people who might not even consider themselves business owners.

For example, if you’re a freelancer or even just make a few extra dollars babysitting, you may be eligible for a business card. Later on, we’ll get into the details of the application process. …


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Photo by Markus Winkler on Unsplash

Dr. Michael Burry is a name well-known across the financial sector and for good reason. He is quite the hedge fund savant and has time and time again identified market bubbles right before they pop. Many identify him as the hedge fund manager of Scion Asset Management and as a very reputable investor. Even more of you may know him as “that guy” in the popular movie, The Big Short.

Burry’s hedge fund commands well over an impressive $300 million in assets under management today and boasts extraordinary returns throughout and especially during recessions. Michael Burry began his superstar career making a fortune shorting overvalued tech companies during the dot-com bubble in 2001. Once again in 2005, Burry began betting against the market purchasing credit default swaps profiting once subprime mortgages began to collapse in the housing crisis in 2008. …


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Photo: JESHOOTS.COM/Unsplash

Born anywhere between 1981–1996, Millennials are the generation squeezed between Gen X and Gen Z. If you’re anywhere between 25 and 40 years old this probably concerns you.

According to the most recent data from the Federal Reserve, Millennials currently own around 5.1% of all the wealth in America. Since 2016, Millennials have been the largest generation in the workforce. They currently make up approximately 35% of the entire working population.

Unfortunately, this may actually just be the result of far more worrisome trends in the job market and education system.


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Photo by Pedro da Silva on Unsplash

During 2020, the US Federal Reserve has printed more than 9 trillion US dollars. That’s roughly 20% of the US dollar going around in circulation today.

In other words, for every $100 that exists today, the United States government and Federal Reserve printed $20 out of thin air in just the last twelve months. This seems like a really bad warning for what there is to come in 2021.

How will this affect us and will it actually be that bad?

First, let’s talk about the value of money and maybe one of the reasons why we are seeing a new surge of bitcoin investors again. …


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Photo by Jonathan Chng on Unsplash

The FIRE movement has gained immense momentum in recent years and has an almost cult-like fandom in the personal finance community. Inevitably, as I started my first few steps into personal finance, I stumbled upon the concept of FIRE: Financial Independence Retire Early. The FIRE movement is a dedication to extreme savings and investing in having the opportunity to retire much earlier than traditional savings or retirement plans.

Retiring in your 30’s or 40’s might sound like a dream to most people. …


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Photo by Philipp Berndt on Unsplash

Talking about money should not be taboo.

Bringing up money or finances in conversation commonly leads to discomfort or awkwardness. It’s blatantly rude to discuss salaries or net worth.

I want to change that.

I will be completely transparent with anyone that is curious about learning more about money or simply just enjoys the topic.

$46,732.09

The number above is the value of my entire investment portfolio including a few brokerage accounts with Fidelity, Robinhood, & Webull as well as my cryptocurrency wallet in Coinbase.

Starting today, I am going to consistently track my entire investment portfolio on a weekly basis as a way for myself to analyze the performance of my assets but also to open up candidly with anyone that happens to stumble upon this Medium story. …


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Photo by Tierra Mallorca on Unsplash

If you look through all of the world’s millionaires, you’ll see that an overwhelming 90% of them have made their wealth from real estate. Especially in America, real estate is one of the most consistent and efficient developers of wealth.

It’s easy to buy houses or buildings when you have money, but if you start preparing early, it is possible to start buying your first property right after college.

If you’re soon to graduate from college or just graduated, one of the biggest questions you might have is how to afford moving out. …


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Photo by Michał Parzuchowski on Unsplash

Apparently, we love playing the lottery.

Just last year, the United States totaled over $91 billion in lottery sales, according to the North American Association of State and Provincial Lotteries. If that fact seems absurd, New York state alone led all of North America with $10.29 billion in lottery sales.

That’s an average of $435.41 spent per person(of legal age) each year. Needless to say, almost none of those playing ever win anything substantial from the lottery.

Imagine that instead of spending that amount, we could put our money into a savings account and receive free lottery tickets the more we save. …

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