Category: Personal Finance

Student Loans Vs. The Mortgage Crisis

Are we headed for a student loan bubble? With Joe Reinke, CEO of FitBUX Joseph Reinke, the CEO of FitBUX, discuss whether or not we are currently headed towards a student loan bubble with Will Boyd of the Breaking Student Debt Podcast. A few weeks ago Will was watching The Big Short, which is a Read More …

Investing vs. Money Management

By Joseph Reinke, CFA, CEO of FitBUX Business Insider recently published an article detailing an interview with one of the most famous investors of all time, Jim Rogers.  This article details how Jim Rogers does not believe in diversification. “Well, I know that people are taught to diversify. But diversification is just something that brokers Read More …

Asset Allocation Made Simple

By Joseph Reinke, CFA, CEO of FitBUX, Inc. The purpose of this article is to explain in simple terms what asset allocation is. We often hear from “financial professionals” that we need to diversify and to make sure our “asset allocation” reflects our goals.  To quote a recent comment from a friend of mine, “Great Read More …

Human Capital – What is it?

In this article, we define human capital and explain why it is important.  To begin, human capital is defined by Wikipedia as the stock of knowledge, habits, social and personality attributes, including creativity, embodied in the ability to perform labor so as to produce economic value.  The key word to focus on is “stock.”  I go back to a Read More …

Keep Developing Human Capital

Most of our human capital is developed between the ages of 10 and 25 years old. From 25 years on, we begin to realize our human capital in the form of monetization. However, you should never stop developing human capital or you may find yourself obsolete. This was brought to the forefront in 2008. We consistently heard Read More …