Driftwood

CDs are still in

Fernando J. Saballos, Contributor

November 16, 2016

Filed under Financing Your Future Today, Opinion, University

The truth about investing is that it’s not as simple as buying shares of stock and hoping to make a profit. It requires money and commitment, and at this stage in our lives, hiring a professional money manager is most likely...

Index funds: Passive investor’s paradise

Fernando J. Saballos, Contributor

November 2, 2016

Filed under Financing Your Future Today

Instead of trying to beat the market (actively looking every day at businesses’ stocks and predicting individually how they will do), investors should employ an investment strategy known as ‘indexing” via the index fund. An...

Sometimes, being short isn’t so bad

Fernando J. Saballos, Contributor

September 21, 2016

Filed under Financing Your Future Today, Opinion

This year’s Oscar winner for best adapted screenplay, “The Big Short,” chronicles the multiple causes of the 2008 financial crisis. While millions of Americans lost money, there were a select few who actually made money on ...

Time to stock up

Fernando J. Saballos, Contibutor

September 6, 2016

Filed under Financing Your Future Today, Opinion

A stock is ownership in a company. In addition to being a product for accumulating wealth, stocks grant voting rights; and, based on the weight of your shares, your voice is heard in the management of the company. Often times,...

Introduction to investing

Fernando J. Saballos, Contibutor

August 23, 2016

Filed under Financing Your Future Today, Opinion

So you’re eager to play the stock market, or you want to put your money into a 401k or IRA and let it grow for retirement. Maybe you’re a risk taker and want to do your finest impersonation of a Wall Street broker by day ...

Welcome to wealth

Fernando J. Saballos, Contributor

August 16, 2016

Filed under Financing Your Future Today, Opinion

Welcome back to school, Privateers! And welcome to a new Driftwood column devoted to elements of building personal, financial wealth. You might not realize it, but all of you have already made one of the most significant investments...

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