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!

What Does A Credit Rating Downgrade Mean For The U.S?

Nick Burgess

5 days ago
4 min

What Does A Credit Rating Downgrade Mean For The U.S?

Fitch recently downgraded not only U.S national debt, but several big banks. But what exactly does that mean?

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Nick Burgess

Sep 12
4 min

What Is Modern Portfolio Theory (MPT)?

The basis of modern investing can be traced back to the 1950's with the advent of "Modern Portfolio Theory." But is it still modern?

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Should You Use The Barbell Investment Strategy?

Nick Burgess

Aug 29
4 min

Should You Use The Barbell Investment Strategy?

What is the barbell investment strategy, and why is it used by sophisticated investors?

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What Are Dual-Class Shares, And How Do They Work?

Nick Burgess

Aug 28
5 min

What Are Dual-Class Shares, And How Do They Work?

What are dual-class shares, and how do they actually work? And why might they be frowned upon by common shareholders?

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Nick Burgess

Aug 22
4 min

What Is A Safe Harbor 401(k) Plan?

What is a safe harbor 401(k) plan, and how does it differ to a standard 401(k)?

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What Is A Stock Short Sale Restriction (SSR)?

Nick Burgess

Aug 21
4 min

What Is A Stock Short Sale Restriction (SSR)?

What is the stock short sale restriction rule, and why should you care?

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Nick Burgess

Aug 14
4 min

Should You Swing Trade Stocks?

What is swing trading stocks? Let's get into what it is, how to do it, and if you even should in the first place.

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What Is The Statute of Limitations for IRS Debt?

Nick Burgess

Aug 8
5 min

What Is The Statute of Limitations for IRS Debt?

If you owe money to the IRS, you should know how long they can chase you for. Here's everything you need to know.

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Profit Interests vs Stock Options: Better Equity Incentives?

Nick Burgess

Aug 7
4 min

Profit Interests vs Stock Options: Better Equity Incentives?

When weighing up job offers, you may be offered a few different forms of compensation. Here are two key ones you need to know.

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What Happens When You File For Bankruptcy?

Nick Burgess

Aug 1
4 min

What Happens When You File For Bankruptcy?

In this "The Office" inspired post, we dig into the nuances of bankruptcy, a last resort option when your finances are out of sorts.

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Questions To Ask Your Financial Advisor During Your Annual Review

Nick Burgess

Jul 31
3 min

Questions To Ask Your Financial Advisor During Your Annual Review

You should be meeting with your financial advisor at least once a year to discuss your finances and goals. Here are some key questions.

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How Much Equity Should You Ask For At A Startup?

Nick Burgess

Jul 28
5 min

How Much Equity Should You Ask For At A Startup?

If you're going to work for a startup, how much equity should you ask for? And how can other employees affect your ownership?

142 views0 comments

RSU's vs Stock Options: The Ultimate Guide

Nick Burgess

Jul 17
3 min

RSU's vs Stock Options: The Ultimate Guide

What are the differences between Restricted Stock Units (RSU's) and Stock Options? We explore both of them in today's article.

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The 529 Plan: Your Child's Golden Ticket to Education

Nick Burgess

Jul 11
3 min

The 529 Plan: Your Child's Golden Ticket to Education

Do you have a child with big dreams? Do you have a plan on how you're going to pay for their college tuition? Let's talk 529 Plans.

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Nick Burgess

Jul 4
5 min

Why Do Stocks Actually Change In Value?

Why do stocks change in value? What contributes to the price movement in a stock? Let's cover the many reasons why.

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Are Roth Contributions Pre-Tax, or After-Tax?

Nick Burgess

Jun 26
5 min

Are Roth Contributions Pre-Tax, or After-Tax?

Is a Roth IRA pre-tax, or post-tax? Let's get into it, and the options that might be available to you.

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Nick Burgess

Jun 20
5 min

What Is A Sweat Equity Agreement?

Have a great business idea but no money? Welcome to the world of Sweat Equity Agreements!

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The Youthful Investor: How Old Can You Be to Trade Stocks?

Nick Burgess

Jun 19
5 min

The Youthful Investor: How Old Can You Be to Trade Stocks?

The following article is for entertainment and educational purposes only, and should not be considered financial advice. Please contact a...

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Demystifying Estate Distributions: Are They Taxable to Beneficiaries?

Nick Burgess

Jun 9
4 min

Demystifying Estate Distributions: Are They Taxable to Beneficiaries?

Estate transfers can be complex, and result in big tax bills. Here's how it could break down for you.

37 views0 comments

Nick Burgess

Jun 6
5 min

Equity Based Compensation Explained

What exactly is equity based compensation, and why is it so popular now?

39 views0 comments

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