Life Experiences
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Is Portfolio Diversification worth it?
Stock diversification is a mediocre way of investing. Warren Buffett doesn’t believe in it, Stanley Druckenmiller doesn’t, and neither do I. It is a poor and overrated investment strategy, and at 22 years old I am only focusing on a highly concentrated portfolio. More diversification within my investment portfolio will only lead to mediocre returns.…
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What Is the Price To Book Ratio?
The price to book ratio is a common valuation ratio that allows investors to find out what they are paying in stock price relative to the net value of the company’s assets. It is a measure of how much a company would be worth today if it sold off all its assets and paid back…
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What Biotech Company is Worth Investing In?
Recently I have been expanding my knowledge into the biotech sector. In mid-2019 I purchased my first biotech company and had absolutely no idea what I was buying or getting myself into. Thankfully I started with small positions and attempted to learn what I could about a biotech company. Hint… they can be super confusing…
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What to Look for in Your First 9-5 Job
Recently I graduated from a respected engineering school in May 2021 and started my first job in August 2021 at an Electrical Contracting firm in NYC. I joined the project estimating vertical that focuses on mid-market MTA commercial construction & development contracts ($30MM to $350MM). I have typical hours from 8am to 4:30pm in an…
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Life’s Next Steps
I am finally finished with college after a long four years. 5 years ago, I had no clue if I even wanted to go to college; leaving high school with a 2.2 GPA, I was super uncertain about my future and made a remarkable turnaround within my life. I officially graduated college with a 3.3…
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The Most Effective Way To Re-Strategize your Business
Guest Post By Business Owner: Gaetano De Pisa The strategic management process is one of, if not the greatest way to boost performance, which in turn boosts shareholder value. This process consists of 3 major parts. Strategy analysis, strategy formulation, and strategy implementation. To give a brief overview of what these 3 steps main objectives…
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Best Credit Card for College Students
I have been building my credit since I was 18 and think it is a steppingstone to get you on the right financial path. I own a few credit cards and I feel that there’s no point in using a debit card unless you are using it at an ATM; please keep it simple and…
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What to Expect When Owning a Rental Property
Guest post: From a fellow Augury Research Member ( I have actually stayed in one of his properties before we knew each other) I have talked to a lot of people about managing investment properties. LTR. STR. Long distance. House hack. I have had discussions about all of it. My biggest piece of advice applies…
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Roth IRA | Why you SHOULD have one
Are you tired of paying taxes on your capital gains? Want to save for retirement tax-free while controlling what you invest in, then a ROTH IRA is for you. If you are using a regular brokerage account and plan on saving for retirement that way, you are doing it all wrong; a ROTH ira is…
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Is Whole Life Insurance a Scam?
Whole life insurance is known as a bad investment, but people still fall for purchasing it. Whole Life insurance is sold by sleazy businessmen who are looking to profit off collecting your premium payments. Whole life insurance can cost anywhere from 5 to 10 times more than a term life policy with the same initial…
Financial Freedom 101 