Co-founder
Michal has been investing in stocks and bonds for more than five years and co-founded this site to make investing approachable for everyone. He writes about stocks, index funds, portfolio construction and keeping a cool head through market swings.
Discover the true cost of investing in ETFs by exploring expense ratios, bid-ask spreads, tracking differences, and tax implications.
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Learn the mechanical differences between physical and synthetic ETFs, including how they track indexes, manage counterparty risk, and handle underlying assets.
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Discover the mechanics behind Exchange-Traded Funds. Learn how Authorized Participants use the creation and redemption process to keep ETF prices in line with their underlying assets.
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Discover how Authorized Participants (APs) keep Exchange-Traded Funds (ETFs) liquid and ensure their share prices closely track their underlying assets.
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Learn the core mechanics of real estate valuation, including the income capitalization approach, sales comparisons, and the gross rent multiplier.
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Learn how bond ETFs work, including key concepts like duration, yield, and interest rate risk, to help you safely diversify your investment portfolio.
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Learn the fundamental mechanics of investing, from setting financial goals to understanding asset classes and opening a brokerage account.
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