How to Maximize Your Investments & Grow Your Wealth

Everyone knows that they should set aside some amount of money for investment purposes. What isn’t so commonly known, however, is how to optimize your investments for greater stability and better returns. Here are four tips that investors should keep in mind as they build their investment portfolios. Balance Risk and Return Many investors, particularly […]

Guide to Turning Your Short-Term Savings into Long-Term Investment

So, you’ve taken the first step in taking charge of your finances and finally opened that savings account. Hooray! Now, what’s next? Having a savings account is great, as you keep money from being spent on impulsive purchases. But if you’re really good at it, you could utilize the 1%-something interest rates for savings accounts […]

5 Ways to Take Real Estate Investment to the Next Level

Real estate has the reputation as the prototypical overlooked investment opportunity, because it is “non-homogeneous”. That means that unlike the stock market where a share of IBM stock is a share of IBM stock and there is a wide pool of investors constantly setting the price through the bidding process. However, this isn’t eh case […]

What is the Monte Carlo Method?

The Monte Carlo method was invented in the late 1940s by Stanislaw Ulam, while he was working on nuclear weapon projects at the Los Alamos National Laboratory. It was named after the Monte Carlo Casino, where Ulam’s uncle often gambled. Ulam and John von Neumann programmed the ENIAC computer to carry out Monte Carlo calculations. Monte Carlo Method […]