Finance Explained

Welcome to Making a Millennial Millionaire, where I track my net worth and how I plan on becoming a millionaire through work, investing and patience. In this blog, I'll be breaking down finance into easy-to-understand articles, written for people that don't have a finance degree or a dad that went to Yale. You'll see highlights of the millionaire lifestyle, just to give all of us something to aim for. You'll also see me dive into different public companies, examining their business models and if you should put your hard earned money to work by investing in them, or staying the hell away. Let's go!

Advisory Shares: How to Attract the Best Startup Advisors

Nick Burgess

2 days ago
4 min

Advisory Shares: How to Attract the Best Startup Advisors

Advisory shares can be the best form of IOU to key roles in a startup. But are they worth the hassle?

8 views0 comments

Is It Time To Fire Your Financial Advisor?

Nick Burgess

5 days ago
5 min

Is It Time To Fire Your Financial Advisor?

Is it time for you and your advisor to start seeing other people? Here's how you know it might be time to move on.

16 views0 comments

The Tax Benefits of Real Estate Investing

Nick Burgess

Mar 17
3 min

The Tax Benefits of Real Estate Investing

Real estate investing is all the rage in today's market, but why? Tax benefits! Here are the 6 you need to know.

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The Ultimate Guide to Budgeting, Saving, and Investing

Nick Burgess

Mar 15
4 min

The Ultimate Guide to Budgeting, Saving, and Investing

Interested in saving, investing and budgeting, but don't know where to start? Here's your ultimate guide!

23 views0 comments

Interest Rates and the Stock Market: How the Fed's Decisions Impact Your Investments

Nick Burgess

Mar 14
4 min

Interest Rates and the Stock Market: How the Fed's Decisions Impact Your Investments

There's been a lot of press about The Federal Reserve and interest rates, but what does that actually mean? Today, we break it all down.

20 views0 comments

The High-Income Earner's Guide to a Tax-Free Retirement: The Backdoor Roth IRA Conversion

Nick Burgess

Mar 10
4 min

The High-Income Earner's Guide to a Tax-Free Retirement: The Backdoor Roth IRA Conversion

If you make too much money to contribute to a Roth IRA, there's a secret process called a Backdoor Roth IRA that you can use!

12 views0 comments

Nick Burgess

Mar 7
5 min

What is a Nonqualified Stock Option?

Learn all about nonqualified stock options (NSOs) and their tax implications.

20 views0 comments

Nick Burgess

Mar 3
7 min

Top 10 Books for Beginner Investors

What are the best investing books for beginner investors? Here are my top 10 of all time.

250 views0 comments

What Is the Most Expensive Stock In The World?

Nick Burgess

Mar 3
4 min

What Is the Most Expensive Stock In The World?

Let's talk about the most expensive stock in the world: Berkshire Hathaway.

36 views0 comments

What Your Stock Options Mean Post-Termination

Nick Burgess

Feb 21
4 min

What Your Stock Options Mean Post-Termination

Amid a string of big tech layoffs, one question keeps arising: what happens to your stock options when you get terminated?

41 views0 comments

What Happens to Stock Options When My Company is Acquired?

Nick Burgess

Feb 20
4 min

What Happens to Stock Options When My Company is Acquired?

What happens to your company stock when your company gets purchased? I investigate in today's piece.

54 views0 comments

Financial Advisor vs Consultant: What's the Difference?

Nick Burgess

Feb 17
4 min

Financial Advisor vs Consultant: What's the Difference?

Let's outline the difference between a financial advisor and financial consultant, two misunderstood, but important, professionals.

66 views0 comments

Nick Burgess

Feb 10
6 min

What Is A Phantom Stock Plan?

What exactly is a phantom stock plan, and why might you want to turn it down? I explore all that and more in today's post.

59 views0 comments

Climbing the CD Ladder: A (Slightly) Fun Way to Invest for the Risk-Averse

Nick Burgess

Jan 20
3 min

Climbing the CD Ladder: A (Slightly) Fun Way to Invest for the Risk-Averse

CD Ladders are the boomer method of investing, but they're a nice alternative in a recession. I break down this more "traditional" technique

40 views0 comments

Retire in Style with a SEP IRA: The Easy and Rewarding Way to Plan for the Future

Nick Burgess

Jan 17
2 min

Retire in Style with a SEP IRA: The Easy and Rewarding Way to Plan for the Future

A SEP IRA is the small business world's best kept retirement secret. Let's pull back the curtain on this incredible account.

30 views0 comments

Budgeting Basics for Teens: From Allowance to Savings

Nick Burgess

Dec 27, 2022
3 min

Budgeting Basics for Teens: From Allowance to Savings

Instilling great money habits is critical in your teenage years. Are you putting your child in the 1%?

71 views0 comments

Nick Burgess

Dec 13, 2022
4 min

The World of Payment For Order Flow

Payment for order flow rose to fame with Robinhood, but is actually much older. Let's talk about this controversial practice.

53 views0 comments

Nick Burgess

Dec 6, 2022
8 min

6 Steps For Surviving A Recession

Millennials are great at spending money, but not at saving it. This is the playbook to get back on your feet, saving and paying down debt.

148 views0 comments

Nick Burgess

Nov 22, 2022
3 min

The Secret World of Dark Pools

Dark pools are used by huge investors to secretly trade securities, but why? What is the upside of keeping trades a secret?

91 views0 comments

Nick Burgess

Nov 15, 2022
4 min

A Guide to Securities Lending

Securities lending is a way to generate extra revenue from stocks sitting in your portfolio. But should you lend your shares?

189 views0 comments

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