HapiMoney

How do you figure out your asset allocation?

Once you’ve determined how much cash to keep on hand the next step is to figure out what to do with the rest of your assets.  It seems confusing, especially if you’ve never done it before, but it’s not. These assets should be divided into two categories, fixed income (or assets whose value is derived [...]

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Why Investing Is Valuable

Image via Wikipedia Everyone knows that you should invest your money in the stock market, but not a lot of newbies understand a lot of the rationale.  Thus, here’s a little investing 101 seminar. Risk/Reward To simplify, the riskier something is, the better the payout should be. For instance, winning the lottery is such a [...]

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How much cash do you need? 6 months worth.

Image by Lab2112 via Flickr A question that people often come across is how much cash to keep on hand (not literally on hand, obviously. Put it  in the bank).  The short answer is 6 months worth of expenses + the value of any large expected cash purchases within that time frame. If you spend [...]

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