Let Them Eat Cake🍃 Treasury Bill
TL,DR: Like lettuce, lacking substance Treasury Bills / Lettucelacking substanceshort lifespansafe and mildly nutritiousEatamology “T-Bills” or “Bills” for short refer to the hard copy form of these bonds, which looks very much like a dollar bill, and which was created by President Hoover at the start of the Great Depression to raise money for the government when tax income dropped dramatically. The Department of the Treasury, a division of the Executive Branch (which is controlled by POTUS),...
Let Them Eat Cake🚶Who are you?
TL,DR: Choose suitable investments based on your goals and risk tolerance. “Pete Townshend was conflicted because he feared The Who had sold out, and seeing The Sex Pistols, who were icons of rebellion, exacerbated him even more. Pete left that bar and passed out in a random doorway in Soho (a part of London). A policeman recognized him ("A policeman knew my name") and being kind, woke him and told him, "You can go sleep at home tonight (instead of a jail cell), if you can get up and walk awa...
Let Them Eat Cake☀️ ESG
TL,DR: ESG designations are labels meant to indicate ethical products ESG | Organic, Non-GMO, Ethically SourcedLike organic, non-gmo, and ethically sourced marketing labels, ESG labels are applied when a company allegedly meets regulatory standardsCan be related to the product itself, or associated impacts from the productEatamology “ESG” stands for environmental, social, and governance. It’s a broad and sometimes subjective label that attracts investors concerned about outcomes and ethics in...
Helping future investors understand finance and crypto using digestible analogies. I hope you brought your appetite. Not a financial advisor
Let Them Eat Cake🍃 Treasury Bill
TL,DR: Like lettuce, lacking substance Treasury Bills / Lettucelacking substanceshort lifespansafe and mildly nutritiousEatamology “T-Bills” or “Bills” for short refer to the hard copy form of these bonds, which looks very much like a dollar bill, and which was created by President Hoover at the start of the Great Depression to raise money for the government when tax income dropped dramatically. The Department of the Treasury, a division of the Executive Branch (which is controlled by POTUS),...
Let Them Eat Cake🚶Who are you?
TL,DR: Choose suitable investments based on your goals and risk tolerance. “Pete Townshend was conflicted because he feared The Who had sold out, and seeing The Sex Pistols, who were icons of rebellion, exacerbated him even more. Pete left that bar and passed out in a random doorway in Soho (a part of London). A policeman recognized him ("A policeman knew my name") and being kind, woke him and told him, "You can go sleep at home tonight (instead of a jail cell), if you can get up and walk awa...
Let Them Eat Cake☀️ ESG
TL,DR: ESG designations are labels meant to indicate ethical products ESG | Organic, Non-GMO, Ethically SourcedLike organic, non-gmo, and ethically sourced marketing labels, ESG labels are applied when a company allegedly meets regulatory standardsCan be related to the product itself, or associated impacts from the productEatamology “ESG” stands for environmental, social, and governance. It’s a broad and sometimes subjective label that attracts investors concerned about outcomes and ethics in...
Helping future investors understand finance and crypto using digestible analogies. I hope you brought your appetite. Not a financial advisor
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TL,DR: Efficient way to consume a variety of products around a central theme and eat the rainbow
Mutual Fund | Salad
Made from veggies (bonds) or stocks (fruits)
Easy way to diversify across product types
Can be customized to your liking
More refined than a smoothie
Eatamology
Mutual Funds involve mutual or shared buy in from many consumers, into a fund or pool of money that is used to purchase individual products.
Financials
Unlike ETF’s, which trade throughout the day on the markets and experience price fluctuations like individual stocks, mutual funds are priced nightly at the net asset value (NAV), which is the sum of all the products times the price of each product, within the fund. Imagine one of those pre-made salads from the grocery store, which is composed and stamped with a price each morning based on it’s way and contents. It doesn’t matter how many are sold throughout the day, because the price on each salad has been fixed for that day.
Consumers pay a premium to have professionals assemble these funds, and those premiums come in the form of 3 fees (Front End Fee, Back End Fee, and 12b-1 Fee). Some funds charge all 3 and some don’t charge any.
Front End Fee | Paying upfront, takeout
Like paying for the salad upfront, front end fees are charged at the time a fund is purchased.
Back End Fee | Paying after your meal, dine-in
Like paying for the salad after your meal, back end fees are charged at the time a fund is consumed or sold
12b-1 Fee | Yearly membership
Like paying yearly dues for access to a salad bar, the 12b-1 fee is charged annually. The “12” very simply reflects the payment every 12 months. The “1” very redundantly reflects the payment every 1 year.
Nutrition Facts Price: Expensive Management: Active Diversity: High
Example Ingredients ESG Fund, Cyclical Fund, Big Tech, Money Market Fund
TL,DR: Efficient way to consume a variety of products around a central theme and eat the rainbow
Mutual Fund | Salad
Made from veggies (bonds) or stocks (fruits)
Easy way to diversify across product types
Can be customized to your liking
More refined than a smoothie
Eatamology
Mutual Funds involve mutual or shared buy in from many consumers, into a fund or pool of money that is used to purchase individual products.
Financials
Unlike ETF’s, which trade throughout the day on the markets and experience price fluctuations like individual stocks, mutual funds are priced nightly at the net asset value (NAV), which is the sum of all the products times the price of each product, within the fund. Imagine one of those pre-made salads from the grocery store, which is composed and stamped with a price each morning based on it’s way and contents. It doesn’t matter how many are sold throughout the day, because the price on each salad has been fixed for that day.
Consumers pay a premium to have professionals assemble these funds, and those premiums come in the form of 3 fees (Front End Fee, Back End Fee, and 12b-1 Fee). Some funds charge all 3 and some don’t charge any.
Front End Fee | Paying upfront, takeout
Like paying for the salad upfront, front end fees are charged at the time a fund is purchased.
Back End Fee | Paying after your meal, dine-in
Like paying for the salad after your meal, back end fees are charged at the time a fund is consumed or sold
12b-1 Fee | Yearly membership
Like paying yearly dues for access to a salad bar, the 12b-1 fee is charged annually. The “12” very simply reflects the payment every 12 months. The “1” very redundantly reflects the payment every 1 year.
Nutrition Facts Price: Expensive Management: Active Diversity: High
Example Ingredients ESG Fund, Cyclical Fund, Big Tech, Money Market Fund
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