Average Net Worth by Age and Education Level

Are you saving enough? What is the state of your financial health? The best way to tell is through your net worth. Your total assets minus total liabilities. More simply: what you have minus what you owe. Despite the simplicity of this calculation, most of the net worth calculators and comparisons I have found online…

Retirement in America

Optimism in the Face of Insolvency Americans have an unbridled sense of hope for their futures despite economic realities that seem much more grim. An article published by the Atlantic in 2015 (see here) illustrated the optimism of Americans, which is higher than any other developed nation. While I do tend to fall into this…

How Hedge Funds Get Rich

Hedge funds don’t get rich because of their returns, they get rich because of their fees. If you want to understand the power of fee mathematics, read this.