The @SprinkleBit Investing Blog

How Overestimating Risk Hurt Your Finances

Alexander — Wed, 22 May 2013 17:44:58 +0000

A person’s risk-taking depends on factors such as familiarity and emotions. For someone who haven’t invested before, the familiarity factor is a large influence in their risk-taking. Your everyday life is filled with risk and that’s how life works. Statistics show that each year,43,000 or more of the United States’ population die due to vehicular accidents

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Yahoo! Acquires Tumblr for $1.1 Billion

Alexander — Mon, 20 May 2013 18:16:54 +0000

Yahoo! confirmed today that they’re acquiring tumblr for $1.1 billion. I had the privileged of meeting one of the key persons in the Yahoo! team, ten days ago ,where he mentioned that they were working on something big, but this was better than what I expected. The effect of this acquisition will boost Yahoo!’s reach from 700

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Summary of Google’s I/O 2013 Conference

Alexander — Wed, 15 May 2013 21:38:32 +0000

6,000 excited developers had summoned live and an additional 1,000,000 was glued to their computer screens and tablets this morning, to see the next big thing from Google and what new platforms they could start building apps for. First up on the agenda for the day was the key note presentation, which started with a short

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7 Common Retirement Problems {INFOGRAPHIC}

Alexander — Mon, 13 May 2013 22:51:28 +0000

Do you know how much you need to save for retirement? If not, here’s an awesome inforgraph. If you see your retirement as a problem, you are not alone. Numerous surveys indicate that a staggering number of Americans are not saving enough for a decent retirement and many American workers doesn’t to budget savings at

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4 Steps to Start Investing

Alexander — Thu, 09 May 2013 00:04:57 +0000

There is a lot of information out there on what investing is, and how to tackle risk etc. but there are very few places where they actually give you a guide on how to get started. So I will outline some of my experiences on how I got started and what I was thinking about,

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How to Make Money on Money – Without Feeding the Bankers

Alexander — Fri, 03 May 2013 17:39:26 +0000

Lately, I’ve been asked by a lot of people on how to get started with investing and I’ve seen a lot of confusion around this. Especially, on how to make money on money. Many folks believe that you need some guy in a fancy $3k suit in order for you to see a decent investment return.

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Interview With SprinkleBit CEO: How To Improve Your Financial Literacy {VIDEO}

SprinkleBit — Wed, 10 Apr 2013 16:22:37 +0000

Alexander Wallin On Financial Literacy Since April is Financial Literacy Month, we sat down with our CEO, Alexander Wallin, to pick his brain about how he got started investing, where he learned his finance lessons, what he sees are the biggest mistakes that people make when it comes to their own finances, and how they

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16 Resources To Improve Your Financial Literacy

SprinkleBit — Mon, 08 Apr 2013 15:30:34 +0000

April is Financial Literacy Month so we figured it would be a good idea to curate some of our favorite finance-related resources. Certainly not an exhaustive list, but a good start for anyone interested in improving their understanding of finance. If you have any others you’d like to see on the list, just leave us a

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The Bitcoin Economy

Alexander — Fri, 05 Apr 2013 20:55:00 +0000

Bitcoin is a virtual currency most widely used by crooks and geeks. However, with the global turmoil of central banks printing money and the resulting risk of hyperinflation, this novice currency is seeing some traction among the mainstream—not just in counter-cultures. This sharp (often called “parabolic”) rise in demand for Bitcoins has raised serious questions

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4 Retirement Savings Tips For Everyone Under 30

Alexander — Wed, 03 Apr 2013 18:46:15 +0000

Retirement Savings: Practice What You Preach I’m rapidly approaching 26 and I have yet to set up a retirement plan. There’s a certain irony in this, since I happen to run a startup whose mission it is to make investing within reach for everyone, a big part of which is stressing the importance of financial

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