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: There are three primary means of investing, all of which come with different pros and cons.
Professional Chef / Financial Advisor
Like a professional chef, financial advisors, will take the time to understand what you want, and then find the products to meet your demands. You pay a premium for this service, sometimes up to 3% of the assets under management (the amount of money you give them to invest). Despite the premium, there is no guarantee that an advisor will choose the best products and grow your money the most, just like there is no guarantee that a meal at a restaurant will be better than something you can cook at home.
Financial advisors may make sense for people with a lot of money to invest but little time to understand investing, or little capacity to invest unemotionally. Advisors are also able to align product selection with an investor’s goals, and to help investors take advantage of tax laws.
Meal Kits and Grocery Delivery / Roboadvisor
Like a meal kit or grocery delivery app, roboadvisors can select products for you in exchange for a small fee. You will need to input some information, such as the general type of product you are looking for, age, risk tolerance, etc., while the app will take care of sourcing and buying investments into your portfolio. Despite the lack of human involvement, roboadvisors can make sophisticated and personalized investment decisions, and even help with tax loss harvesting (smart recycling).
Roboadvisors can benefit any investor- especially those with a medium or low net worth that can’t afford a financial advisor and don’t have time to develop an investment strategy on their own.
Old Fashioned Home Cooking / Investing directly on a brokerage platform
Like buying your own groceries, DIY investing involves doing all of your own research and executing trades directly. Most brokerage platforms now offer free trading, which makes home cooking the cheapest way to buy and sell investment products. They offer other advantages as well, such as fractional share trading, which is akin to pricing by weight, rather than by whole products- allowing customers to purchase only what they need.
Free Samples / Sign Up Deals
Like free samples at the grocery store, financial advisors, roboadvisors, and brokerage platforms are all competing for your dollars, and will offer incentives to make this happen. They may offer $5 free just for creating an account, or $500 if you create an account and deposit $10,000. Some will focus on referalls, offering you $25 if you get your friends to join the platform. Sites like nerdwallet often publish articles highlighting the best deals at the time.
TL,DR: There are three primary means of investing, all of which come with different pros and cons.
Professional Chef / Financial Advisor
Like a professional chef, financial advisors, will take the time to understand what you want, and then find the products to meet your demands. You pay a premium for this service, sometimes up to 3% of the assets under management (the amount of money you give them to invest). Despite the premium, there is no guarantee that an advisor will choose the best products and grow your money the most, just like there is no guarantee that a meal at a restaurant will be better than something you can cook at home.
Financial advisors may make sense for people with a lot of money to invest but little time to understand investing, or little capacity to invest unemotionally. Advisors are also able to align product selection with an investor’s goals, and to help investors take advantage of tax laws.
Meal Kits and Grocery Delivery / Roboadvisor
Like a meal kit or grocery delivery app, roboadvisors can select products for you in exchange for a small fee. You will need to input some information, such as the general type of product you are looking for, age, risk tolerance, etc., while the app will take care of sourcing and buying investments into your portfolio. Despite the lack of human involvement, roboadvisors can make sophisticated and personalized investment decisions, and even help with tax loss harvesting (smart recycling).
Roboadvisors can benefit any investor- especially those with a medium or low net worth that can’t afford a financial advisor and don’t have time to develop an investment strategy on their own.
Old Fashioned Home Cooking / Investing directly on a brokerage platform
Like buying your own groceries, DIY investing involves doing all of your own research and executing trades directly. Most brokerage platforms now offer free trading, which makes home cooking the cheapest way to buy and sell investment products. They offer other advantages as well, such as fractional share trading, which is akin to pricing by weight, rather than by whole products- allowing customers to purchase only what they need.
Free Samples / Sign Up Deals
Like free samples at the grocery store, financial advisors, roboadvisors, and brokerage platforms are all competing for your dollars, and will offer incentives to make this happen. They may offer $5 free just for creating an account, or $500 if you create an account and deposit $10,000. Some will focus on referalls, offering you $25 if you get your friends to join the platform. Sites like nerdwallet often publish articles highlighting the best deals at the time.
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