Education
401k Explained — 401(k) Explained: Matching, Vesting, and Contribution Limits
How the employer plan works, why the match is conditional until you are vested, and which limits govern the money in and out.
Investor Education
Plain explanations of how markets, instruments and accounts work, written for readers starting out and for anyone filling a gap they never admitted to.
Education
What Dollar-Cost Averaging Means and How It Works
Dollar-cost averaging is the practice of investing a fixed dollar amount on a fixed schedule, which spreads entry prices over time and removes single-date…
Education
How Portfolio Rebalancing Works, and Why It Interacts With Taxes
Rebalancing restores a portfolio's original target mix after markets move it off course. In a taxable account, the trades that do that can trigger capital…
Education
What CAGR Means and When It Misleads
CAGR is the constant annual growth rate connecting a starting value to an ending value, and it quietly assumes a smoothness the underlying returns never had.
Education
Total Return vs. Price Return: What the Gap Means
Total return counts reinvested distributions while price return counts price change alone, and the difference between the two compounds into a large gap over…