Stocks & ETFs
The instruments: how to evaluate and choose individual stocks and the funds that hold them.
The Value Trap: How to Tell ‘Cheap’ From ‘Cheap for a Reason’
A low P/E is a question, not a bargain. How to tell a mispriced stock from a value…
Value Investing, Honestly: You’re Getting Paid to Be Patient โ and the Payment Isn’t Guaranteed
What buying a discount to intrinsic value actually means, the margin of safety, the real long-run value premium…
Growth Investing Is a Bet on Duration: Why Rising Rates Hit Your Fastest Stocks Hardest
Growth stocks fall when rates rise because a discount rate hits distant cash flows hardest โ and growth…
The Hidden Trade Inside Your Index Fund: What the ‘Index Effect’ Cost You, and Why It Faded
Index funds must trade what the index says, when it says, in public. For decades that was a…
SCHD, VYM and JEPI: Two Calculations the Yield Table Hides
Two assumption-free calculations on figures already published: why a JEPI yield quoted from one month can be nearly…
Will That Dividend Get Cut? A Field Guide to Dividend Safety
A high yield is a question, not a gift. How to judge whether a dividend will hold โ…
What Is a P/E Ratio and How Do You Actually Use It?
What the P/E ratio actually measures, trailing versus forward, why a high P/E doesn’t mean expensive, and how…
What Are Fractional Shares? How to Invest When You Can’t Afford a Full Share
A fractional share lets you buy part of a share by the dollar โ so $10 buys into…
VTI vs VOO: Which Benchmark ETF Should You Hold for Life?
VTI vs VOO: same issuer, same 0.03% fee, about 82% of the same holdings. The one real difference…
The Difference Between Trading and Investing (And Why It Matters)
Trading and investing look alike from outside but are different activities. How they differ in horizon, tax treatment…