Paul Hassebroek

Writing About Business and Personal Finance

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Happy Blog Birthday!

Today marks the first anniversary of this blog. Over this past year, I've learned what sort of posts people want to read and how difficult it is to really write on a regular basis. One big highlight for the year, was when the blog was selected by Brightscope as one of the top 100 financial advisor blogs to read. I received a lot of positive feedback from that and it was very encouraging. The main purpose of this blog is to become a better writer. Additionally, I had hoped it would stimulate discussions around investing and personal finance and help…


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Quote

“Anyone who isn't embarrassed of who they were last year probably isn't learning enough.” ~ Alain de Botton…


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Passive Investing Increases To 10% Of Assets In S&P 500

According to S&P Dow Jones Indices, 10% of all the assets invested into the S&P 500 are in passively managed funds. This is up 20% from a year ago to $1.9 trillion. The $1.9 trillion number isn't a total of all passively managed assets. There are considerably more assets invested in passive strategies as there as a multitude of different indices tracked. "passive investing was “now the mainstream approach” as investors have increasingly lost faith in active management." - John Rekenthaler According to CIO magazine, "Morningstar columnist and researcher John Rekenthaler earlier this month…


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Americans Remain Uninterested In Investing

Gallup recently polled Americans on what they would do if they had an extra $10,000 to save or invest right now. Only 41% said they would invest it into the markets. In an acknowledgement to extremely low interest rates, 36% would leave it in cash instead of buying a bank CD. I'm not surprised by this as I think many retail investors and savers still feel the pain of the Great Recession, even though the markets have recovered to new highs. Young workers don't seem interested in investing. While many Millenials participate in 401k plans at work, the generally…


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A History Of Executive Orders

Pardon my ignorance, but I had no idea how past presidents had used executive orders and so I found this very interesting. Source: Wonkblog via Barry at The Big Picture…


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Legacy of Benjamin Graham: The Original Adjunct Professor

Here's a good video by the Heilbrunn Center for Graham and Dodd Investing on Ben Graham. It's a good way for a value investor to spend 15 minutes. Enjoy! “Legacy of Benjamin Graham: The Original Adjunct Professor. This film, brought to you by the Heilbrunn Center for Graham and Dodd Investing, Columbia Business School, premiered on February 1, 2013 at the 16th Annual Columbia Student Investment Management Association conference.” …


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How To Start Investing

Sometimes we have the greatest intentions, but never take the first step to start a new habit. If you've been thinking of starting to invest, here are five steps to help get started: Work On Your Household Budget For the purpose of this article, I'm assuming you didn't just fall into a pot of money. For most people, wealth is accumulated by consistently adding to an investment account each month. If you're going to be consistent in your investing, then you need to make sure you have room in the monthly budget to invest. Therefore, a great place to start…


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Jobs Day: Unemployment Rate Rises, Job Growth Slows

Can you believe it's August already? The jobs data for last month was released today and it caught some off guard. Many were expecting (or hoping) that the unemployment rate would continue to drop, as it has been trending that way over the past several months. Instead, unemployment rose to 6.2% from 6.1% and the total number of jobs added to the economy was 209,000. The consensus was for the economy to have added 220,000 new jobs. The stock market had a fairly volatile week compared to what we've witnessed so far this summer. Today the…


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Fed Announcement, What Does It Mean?

I was sitting here reading the Fed's release and thinking of writing a blog post when I saw Josh's tweet. He asks a good question, right? What does it mean to you as an investor? BUT WHAT DOES IT ALL MEAN??? RT @bespokeinvest: Fed lowers QE3 asset purchases to $25 bn per month as expected; rate unchanged at 0.25%.— Downtown Josh Brown (@ReformedBroker) July 30, 2014 Over time, we watch the language out of the Fed to get a sense of what direction their policies may head. This is important because changes in interest rates can have big…


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Switching The Blog From Jekyll To Ghost

Okay, this post may get to geeky for most of my readers, but I'll share it anyway for anyone working through a similar problem. I set up paulhassebroek.com about one year ago. At that time, I knew I didn't want Wordpress as it was just too much for what I needed and I really dislike php. I'm not sure why, but I've never learned it and it doesn't interest me. I suppose I could've just purchased a Wordpress theme or paid someone, to develop what I wanted but that wouldn't have been as much fun for this guy. I…


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A video tribute to Jeter by Jordan.

A great video by Jordan. Love all the cameos. …


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