'Reminiscences of a Stock Operator' Is A Welcomed Change

Reminiscences of a Stock Operator

Written by: Edwin Lefevre

Foreword by: Tim Price

Reminiscences of a Stock Operator

This was an all around phenomenal book to read. Recently I have been focusing on reading non-fiction and that can get so, so boring. I actually started listening to Hamilton on tape for my drive to and from work and, though very interesting, very boring. Between the hum-drum ebb and flow of my 9-5, this was a welcomed change.

Reminiscences of a Stock Operator is a fictional representation of the life of Jesse Lauriston Livermore, a stock trader in the early 1900's. Using the pseudonym Jesse Livingston, author Lefevre dives into the experiences had by Livermore himself. It begins in a bucket shop in New England and ends up on Wall Street. What really pulls readers in (me) are the gains and losses. Growing the few dollars he started with into over $10 thousand, losing it all. Making a few million, then soon finding himself in massive debt. Figuring out what he'd done wrong and making that million back - and more.

That part is true.

The February Budget

Having a budget is one of the most important aspects of personal finance. Whether a natural born spender, saver, or anywhere in between, knowing where your money is going is of almighty importance.

I took the time to catalog and write down everything I spent money on in the month of February. I would consider myself a natural born saver, so some may find this boring. I bring a lunch to work from home essentially every day. Dinner is home cooked almost every day. I also 23 and don't have to pay for health insurance yet. Shout out ma and pa.

My girlfriend has been reading what are called, "Money Diaries" from Refinery 29 and I am amazed at the lack of saving or general knowledge of basic personal finance. I understand being young and being free and traveling and doing what you want, but at some point ya gotta think about your future. If you are turning 30 and have saved nothing, or put nothing towards retirement, you are far behind.

Math Example!