Portfolio Literacy is dedicated to transparency and promoting free financial literacy for everyone. Here are Portfolio Literacy’s latest blog posts. If you are looking for specific topics, the categories are at the bottom of this page.
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Net Worth: Knowing Your Entire Portfolio of Assets and Liabilities
Understanding your net worth is a fundamental aspect of personal finance management. It provides a clear snapshot of your financial situation by balancing assets against liabilities. Totaling the value of everything you own and subtracting what you owe gives you a figure that can be pivotal for making informed financial decisions. This number serves as…
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Weighted Average Loan Calculator
Loan Calculator Weighted Average Loan Calculator Add Another Loan Calculate Results: Weighted Average Interest Rate: % Minimum Monthly Payment: $ Understand Your Loan Portfolio with Our Comprehensive Tool Managing multiple loans can be overwhelming, but our Weighted Average Loan Calculator simplifies the process. By inputting the principal, interest rate, and duration of each loan, you…
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How to Handle Student Debt as a New Graduate
Graduating from college is a monumental step in your life, signifying the transition from student to professional. However, it comes with the reality of student debt—a burden carried by many new graduates. Understanding the magnitude of your debt and planning to manage it effectively are crucial steps to ensure financial stability moving forward. Crafting a…
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Finfluencers Have Lied to You: Passive Income is Not Real
In the digital age, ‘finfluencers’—financial influencers on social media—have become a pervasive force, often peddling the allure of passive income as a gateway to financial security. They promise a life where money flows in with little to no effort, painting a picture of a lifestyle filled with leisure and free from the shackles of the…
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Standard Loan Calculator
Loan Interest Calculator Loan Interest Calculator Loan Amount: Annual Interest Rate (%): Loan Term (years): Payments Per Year: Calculate Payment Number Principal Paid Interest Paid Remaining Balance Standard Loan Calculator Welcome to our Standard Loan Calculator! This tool is designed to help you easily calculate your monthly payments, total interest paid, and principal paid on…
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How was the 2024 Berkshire Hathaway Shareholder Meeting?
Attending a Berkshire Hathaway annual shareholder meeting is akin to a pilgrimage for investors seeking wisdom from arguably the most celebrated names in the world of finance, Warren Buffett and the late Charlie Munger. Held in Omaha, Nebraska, this event is more than a standard review of financials; it’s a festival celebrating the culture and…
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Bogleheads’ Investment Simplicity: The Three-Fund Portfolio Model Explained
Investing strategies often become mired in complexity, but the Bogleheads champion a philosophy that prizes simplicity and efficiency. The Bogleheads, a group inspired by Vanguard founder Jack Bogle, advocate for an investment approach that is accessible to everyone—not just financial experts. Central to their philosophy is the three-fund portfolio model, a strategy that simplifies investing…
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How Do Bonds Work: An Investor’s Guide to Debt Securities
Bonds act as loans that investors provide to governments and corporations for funding, in return the investor receives a (most often times) fixed rate of return on their capital. When an entity issues a bond, it is essentially borrowing funds from the bondholder and in return provides them with periodic interest payments. At the end…
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Investing Community Spotlight: BiggerPockets – The Real Estate Investor Network
Investing in real estate has become a popular avenue for wealth building, and platforms like BiggerPockets have emerged as vital resources for both novice and seasoned investors. BiggerPockets is a comprehensive online community that leverages the collective knowledge of a diverse group of individuals who share a common interest in real estate investing. The platform…
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Achieving Portfolio Critical Mass: My Strategy for Exponential Growth
Understanding Portfolio Critical Mass The concept of critical mass for a financial portfolio can mean different things to different people, some might say its once you cross $100K net worth, or even once your portfolio contributes more growth than how much you invest into it. To me, portfolio critical mass is when a portfolio contributes…