As we discussed in the last post, outsourcing is all the rage nowadays. All the cool companies let their virtual assistants in Bangladesh handle SEO, blog content, and even sending flowers to their significant others after a fight. But can outsourcing ever be bad for your company? Could outsourcing actually kill your brand? According to [...]
This is part 1 of 2. Get part 2 here. With the advent of the internet and all kinds of real-time global communication technologies, the world, as they say, is flat. This flattening has led to a meteoric rise in outsourcing, or using third parties to produce part of your business offering. Companies in Bangladesh, [...]
Now that you have a basic definition of a stock bubble, let’s look at the underlying factors, or what I call the recipe for a stock bubble. Why do you care to know how bubbles form? Because bubbles burst. And when they do, people lose lots of money. People like your brother-in-law who cashed in [...]
Back from Winter Break and ready for action! I read some very interesting books over vacation and as a result have many posts lined up with new information about investing, behavioral finance (how emotions affect our money habits), and why index funds beat actively managed funds. But to begin with, I thought I would post [...]
Now, just to set things straight at the outset, we’re talking about a debt snowball here, not the kind made by Hostess. Many personal finance gurus have variations of the debt snowball; I prefer Dave Ramsey’s as written in The Total Money Makeover. In the last post, I discussed how debt is not a tool [...]
As indicated in a previous post, The Total Money Makeover by Dave Ramsey is my #1 all-time favorite book on personal finance. The principles I learned from this book form the foundation of my personal finance philosophy. Among other things, Dave has taught me that: Debt is not a tool to create wealth Debt creates [...]
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I'm Damien Olenslager. I recently graduated debt-free from college and now work in the tax industry.
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