I was talking to a friend Monday about the Oscars, but I hadn’t paid too much attention (aside from loving the awards for Brendan Fraser & Everything, Everywhere All At Once), because I was too busy delving into the news around the collapse of Silicon Valley Bank ("SVB"). With my background both in the Bay … Continue reading The Role of Financial Regulators in the Silicon Valley Bank Collapse
Tag: Financial literacy
Flip the Bird
Investigating the BIRD revenue mistatement...
SPAC That!
A year or so ago, I could barely keep up with the firehose of information about SPACs. Now SPACs, as well as the general IPO market, have crumbled. I went to a recent alumni event to meet current Accounting major students of my Alma Mater, Indiana University. Out of curiosity I mentioned SPACs to them, … Continue reading SPAC That!
What the SPAC?
If you’re like me and follow business news with any sense of regularity, you noticed that in 2020 aside from well, everything else going on, 2020 was being called Year of the SPAC, or SPAC IPO. Now again if you’re anything like me you read those words and thought, “What on earth is a SPAC?”
More than you ever wanted to know about IPOs
This company had an IPO! They’re Going Public! If you’ve ever heard that statement and wondered what it means, you’re not alone. IPO stands for Initial Public Offering, which is when a company goes public. Oh, you don’t know what that means either? This article is long and has a lot of background around initial … Continue reading More than you ever wanted to know about IPOs
Save Me From Retirement
In an earlier post, WTF is a 401(k) I spent a lot of time … ranting about pensions, and explaining why a 401(k) system is better. I didn't, however, spend a lot of time explaining what a 401(k) actually is. So today I’d like to explain a bit about the different options for retirement accounts … Continue reading Save Me From Retirement
What is a Stock?
In Episode 9 of the first season of the Bad With Money podcast, Gaby Dunn asked financial expert Sallie Krawcheck “What is a stock?”, and I began to realize how large the knowledge gap is in financial literacy. That episode was the initial inspiration I had for starting this blog, because I knew I could … Continue reading What is a Stock?
WTF is a 401(k)?
In the realm of personal finance, one of the first pieces of advice you’ll hear is to take advantage of your company's’ 401(k) match. This assumes two things. First, that you work in a traditional corporate environment that offers a 401(k) with a match. Second, it assumes you know what that what a 401(k) is. … Continue reading WTF is a 401(k)?
Debit or Credit?
The question Debit or Credit is really asking how are you paying for this transaction, on a debit card, or a credit card?
What is credit, and why do (or don’t) you need it?
What is credit? I'm sure you've heard of it. People talk about it all the time. Good credit, bad credit. Credit cards, credit scores, credit karma, etc. But what does it all mean? Now for the accountants in the room, a credit is the opposite of a debit, obviously. But I'm assuming most of the … Continue reading What is credit, and why do (or don’t) you need it?
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