CFI Blog

Value Creation Versus Value Capture

Value Creation Versus Value Capture

“Value is more expensive than price.” –Toba Beta “The price of anything is the amount of life you exchange for it.” – Henry David Thoreau As entrepreneurs, we will not succeed unless we create value for those whom we serve. It’s a simple exchange. Customers exchange money, and in return, we provide value. As entrepreneurs, … Read more

ETFs or Index Funds for Value Cost Averaging?

ETFs or Index Funds for Value Cost Averaging?

If you use value cost averaging for your investment portfolio and you’re investing in index funds, then you’ve probably wondered whether or not you should invest in ETFs or in mutual funds. In general, ETFs have lower expense ratios and are more openly traded, meaning that you can buy and sell them at any point … Read more

Counting Your Money Isn’t the Same as Making Money

Counting Your Money Isn’t the Same as Making Money

“One…two…three…” –The Count I’m a pretty laid-back person. It takes a lot to rile me up, and, in actuality, there just aren’t that many things in the world that get my heart beating faster. I’m pretty much the definition of Type B, which made life in the military rather interesting and caused endless angst during … Read more

How Much Do You Have to Save to Retire Early?

How Much Do You Have to Save to Retire Early

“The best time to start thinking about retirement is before your boss does.” –Anonymous When I was in the Army, I had the option of staying in – assuming they didn’t kick me out at some point – for 20 years and then retiring. Had I stayed in, I’d have less than 2 years left … Read more

Why a MBA or a Degree in Finance Doesn’t Guarantee You Know About Personal Finance

MBA or Degree in Finance Doesn’t Guarantee You Know About Personal Finance

“When it comes to success in business, an MBA degree is optional. But a GSD, which is only earned by Getting Stuff Done, is required.” –Christine Comaford “The only thing interfering with my learning is my education” – Albert Einstein Shortly after I graduated from West Point, I took charge of a tank platoon deployed … Read more

Annuity Dollar Cost Averaging

Annuity Dollar Cost Averaging

“My NFL pension can barely pay my son’s tuition. You know, it’s very little money.” –O. J. Simpson Many years ago, people worked for a company for their entire lifetimes, got a gold watch and a pension upon retirement, and were able to live on that pension for the rest of their lives. The retirement … Read more

USAA – The Good

USAA – The Good

“I refuse to join any club that would have me as a member.” – Groucho Marx This is part two of a three part series on USAA. You can read the first part (are you eligible for membership?) here and the third part (the not so good) here. Disclosure: USAA flew me to San Antonio … Read more