Albert Einstein’s stock tips

On this day, March 14, in 1879, Albert Einstein was born.

You may know Einstein by his signature wild grey locks, E=MC², the first atom bomb, or this image…

Source: NPR

Regardless of how you know him, you are familiar with the fact that he led an intellectual revolution that changed the way we consider certain things. This statement can even hold water in the financial world.

Einstein’s Theory of Relativity is crucial in the field of physics, but how can it be applied to investments? Maybe Investopedia can help us out…

“When considering the problem of gravity, Einstein encouraged people to picture a man in a box that is traveling through space at a uniform velocity. For example, Person A on earth and Person B in a rocket – unaware that he is in a rocket – will both draw the same conclusions about their planet’s gravity. When they drop an object, it falls toward the floor. However, if the rocket stops moving, Person B will realize that he is wrong – in the split second before momentum smashes him against what he thought was the ceiling.

This theoretical situation is easily extended to the stock market. If we imagine gravity as the true value of a stock (or the true worth of the company it represents) and the rocket as a shooting star (a stock with a value that quickly inflates without reference to the value of the underlying company) we can apply relativity to tell the difference.”

For more of the story, head over to Investopedia.


It’s not too late to save in 2013

Source: Quicken Loans

KriKnows isn’t your average blog. We devote much of our efforts to bringing you tips on bettering your financial present and future.

With that in mind, we have come across an interesting infographic.

Earlier this year, we found you 25 tips on cutting costs in 2013. Now, we have discovered 13 more money-saving tips provided by Quicken Loans.

For example, with the advent of the Magic Jack, you are able to pay a one-time set-up fee in place of upwards of $39 monthly. Click on to see a few other ways to fatten up your wallet this year.

The Great Rotation: Bonds into stocks


In today’s economy, there are constantly new market predictions virtually on a day-to-day basis. So, what is the next hot topic?

James A. Klotz of FMS Bonds, Inc. discusses “The Great Rotation” of investment dollars from bonds into stocks in 2013.

“The theory, as espoused by Bank of America, among many others, posits that persistent market volatility in the last decade, which prompted investors to seek refuge in the bond market and cash investments, would give way this year to more sustained growth in most economies.” writes Klotz.

“Moves by governments to address deficit spending along with a rise in consumer confidence will ultimately lead to a massive flow of investment dollars into equity funds from the safe haven of bonds.”

Head over to the FMS Bonds, Inc. website to read more on this coming rotation.

Find out why your bills are skyrocketing


Sometimes we accidentally forget to flick the light switch when we leave a room, or we keep our cell phone charger in the wall after we’ve charged our phones. We may just shrug it off, not thinking that this is adding too much to the electric bill — but you may be surprised.

Believe it or not, there may be quite a few little things you can do that will cause your overall expenses to drop significantly. Things like the aforementioned, who you live with, and even the brands you buy can either add or decrease how much money you shell out.

“To err is human; to make budgeting mistakes, totally human as well. Most people are not aware of the little budget traps we get caught in, because life is so busy that it’s hard to keep track of the smaller money details. But being careless can rack up higher bills,” writes Emily Co of Popsugar.

Co has compiled a list of 13 things that are causing your bills to skyrocket. Read on and find out how to lower your monthly expenses.


What is an annuity?


It may be easy to find financial matters a bit daunting when you may not have the clearest understanding of financial terms and what they encompass.

Take annuities for example.

“An annuity is a contract with an insurance company that is funded by the purchaser and designed to generate an income stream in retirement. It is a flexible financial vehicle that can help protect against the risk of living a long time because it provides an option for a lifetime income,” according to an article on the Krinos Group website.

Sometimes one may be encouraged to outsource all of their financial matters to third-party firms, advisors, etc. While it may be important to seek financial advice from such outlets, having a basic understanding of key financial terms and what you can gain from each one respectively is significant.

Take a look at this article on annuities on our website and brush up on your financial terminology and understanding.

Avoid these 10 budget myths


You sit down at your kitchen table with your spouse to go over your bills. You discover that money going out is quickly overwhelming the money coming in.

It may be time to go on a budget.

Some people may look at the above sentence and roll their eyes, shrug it off, and say, “I don’t need to go on budget — my finances are fine.” Unfortunately, denying the need to budget is one of the 10 budget myths, according to Investopedia.

“Even though budgeting is a wonderful tool for managing your finances, many people think it’s not for them. The logic they use, however, is often flawed. Below is a list of 10 budget myths that stop people from saving as much as they could – and should,” Investopedia writes.

To read on about the 10 budget myths, please follow the link listed above. For more investing or budget-related information, visit

SOURCE: Investopedia

Always have a Plan B

SOURCE: 2012 Field Guide, National Underwriter

SOURCE: 2012 Field Guide, National Underwriter

If you, or your spouse, were to experience a long-term disability (lasting 90 days or more), would you be able to shoulder the financial burden?

This is a fairly significant question to ask yourself, and ultimately prepare a response to. Sometimes we would rather not think of the possibility of getting injured, but, believe it or not, a 50-year-old has about a 36% chance of experiencing a long-term disability before age 65, according to the National Underwriter 2012 Field Guide.

Of course, there is disability insurance and things of the like that assist in these particular types of matters, but the percentage of income that it can replace is ultimately up to the policy.

Head over to the Krinos Group website and check out our “Having a Backup Plan” newsletter to learn what you can do to prepare for an unforeseen event like this.

Take a ride on the California financial swell


The surf in California is legendary, so our choice of metaphor is a logical, and easy choice.

The California financial surf is experiencing a significant swell.

“…as a result of the economic upturn and the passage of Proposition 30 in 2012, which temporarily raises income and sales taxes, revenues are forecast to hit $98 billion in 2014, following an estimated $95 billion in 2013. The State Department of Finance projects small surpluses through 2017, its normal five-year forecasting period,” writes Jay H. Abrams, FMS Bonds, Inc. Chief Municipal Credit Analyst.

You can read the whole story and learn more about the present and future boom of California finances here.


Cut costs in 2013


We are nearly two months into the new year, and that means that we are all beginning to settle into the day-in, day-out life of 2013.

Daily routine may not vary much from year-to-year, but the way we look at, and handle our personal finances definitely relies on more than our personal lives. We have to examine the state of the economy, what’s going on in politics, rate of inflation, etc.

This means that we are constantly on the search for ways to cut corners and potentially save a bit of cash where we can.

Fox 4 News out of Kansas City has provided us with a list of 25 Personal Finance Tips for 2013. Click below to see how you may be able to cut a few costs this year.


Start ’em young: Financial tips for young adults



When you were in high school, did your teachers focus heavily on this topic? No? Well, how about when you got to college? The answer is probably still an unenthusiastic, “No.”

When we are in high school, our curriculum tends to focus on getting us the basics to prepare for life. We learn history, some economics, English, maybe a secondary language, and then of course we have a plethora of electives to choose from. But among that list, we find very little financial background.

Fast forward to college.

We are in our freshman year. We may have chosen our major already, but that ultimately does not matter as we are forced to take a variety of courses to give us a well-rounded introduction to the college life. What isn’t necessarily among that information provided? Finance.

It seems that finance is only a topic worth considering if you are either A.) Considering becoming an accountant or some other professional that deals with daily financial tasks, or B.) You are old enough to live on your own, work to pave your own way, and pay your own bills. Both of these outcomes, however, may be too late.

The best-case scenario is that parents spend the time to educate their children on the topic of financial understanding and readiness, and children take the time to listen and learn about these concepts. What is important to consider is that financial matters are often misconstrued as difficult topics.

Fear not, my friends — finances are not a concept that is above our heads.

Investopedia discusses this topic about financial education of our youngsters, and provides eight financial tips for young adults. Read on to find out how to educate your children, or, if you are in fact a young adult, how to get the most out of a do-it-yourself financial education.

SOURCE: Investopedia