Should You Buy Uber? You Probably Won’t Have a Choice

Tyler Linsten Investing, Seattle Mariners Shaming

Uber shares for everyone! Love them, or hate them, Uber is out of the gate and now trades publicly on the New York Stock Exchange. It was the ninth-largest IPO ever. As with any hot new public offering of shares, many investors want to know if they should get a piece of the action. The verdict: If you own any kind of passive index fund, you’re going to own it. (And if you choose not to own index funds, then I wish you luck in your uphill battle) The same goes for any other mega-IPO. These companies debut at huge valuations and will be added to indexes, like the S&P 500, within their first year of trading. Remember Facebook a …

About That “Consider Firing Your Male Broker” Op-Ed

Tyler Linsten Investing, Personal Finance

Hopefully you’ve also fired your Mail Broker by now. Stamp prices are at record levels this week and he’s just sitting around doing nothing about it! This aggression cannot stand. In all seriousness, I’m actually referring to the controversial New York Times opinion piece penned by a financial advisor in New Orleans this month. To sum it up, she makes the case to fire your “male broker.” Wading into this topic is fraught with peril, but I’ll do it anyway because it’s my blog. Don’t mistake my maleness for generating my reaction. It’s my status as a fellow fiduciary fee-only advisor (and also a fellow CFA Charterholder!) that draws out my serious criticism here. Ms. DuQuesnay says she didn’t write …

Personal Finance 101 in a Single Picture

Tyler Linsten Investing, Personal Finance

Study up. You’re living the test. Spending the $1,000 results in an instant 100% loss in value, storing it in cash brings a 53% loss in value over 25 years, saving it brings a 22% loss in value over 25 years, but investing results in a 238% gain in value over 25 years. There are so many important bullet points to be extracted from the table above. These are lessons some people never learn and are more valuable the earlier you start: Spending money is not a great investing strategy, but prevents losses to inflation (this is sarcasm). Inflation is an absolute killer. It is the slow-churning, deadly assassin in your financial life. Even a 2% rate on cash in …