Author Archives: Kevin Smith

This is an autobiography about me.

Comparative Advantage

This article describes Comparative Advantage, which is the term used to describe how one person, business, or economy, is able to outproduce one product or service compared to another person, business, or economy. Click on this post to learn about different types of comparative advantage, and to see an example of how it works in the real world.

Using Spreadsheets – Graphing

Having trouble knowing how to communicate your raw portfolio data, into consolidated, comprehensible reports? Look no further. This article details step-by-step instructions on how to use Excel to to graph your portfolio’s values.

Using Spreadsheets – Importing and Formatting Data

Before you can consider creating graphs to demonstrate your portfolio values, or calculating the profit and loss of your trades, you need to import data from your portfolio into a spreadsheet, and make some sense of these numbers. Read this article for guidance on how to export data from your portfolio into excel successfully!

Gross Domestic Product

Gross Domestic Product (GDP) is a measure of the total economic output a country makes in a given year, and indicates the total size of the economy. Want to learn about how it is calculated? This article will answer that question, and more!

Cost Of Waiting To Save

The best time to start saving is NOW! 

If you can start saving and investing just $110 per month when you turn 18 earning the standard market rate of return, you will have saved up over $1 million by the time you turn 65. This amounts to saving just $62,000 – letting compound interest and the markets do the rest.

If you wait until you are 25 to start saving, you’ll need to increase your monthly savings by $90 per month to reach the same goal – saving up a total of $96,000.

By waiting, you will need to save an extra full year of wages just to reach the same goal! Start saving now, for huge returns in the future!