You can’t afford to give the stock market a miss. Start now to have enough later!
Most people believe that the antidote to financial stress is more money. But it’s not. A stress-free financial life is a function of how you structure your financial affairs, your attitudes toward money & how you use it. Society has…
Have you ever sold a stock too soon or passed up an opportunity that went on to experience explosive growth? I did. I bought Tesla stocks back in April 2013 at USD50. Fast ride up. Held them till June 2013…
𝑫𝒐 𝒚𝒐𝒖 𝒌𝒏𝒐𝒘 𝒕𝒉𝒆 𝒆𝒙𝒂𝒄𝒕 𝒂𝒎𝒐𝒖𝒏𝒕? To accumulate more money is presumably the main reason we spend most of our days working. But do we keep track of how much we have? Do we know how much is enough? I…
“𝙁𝙤𝙧 𝙚𝙫𝙚𝙧𝙮 𝙨𝙪𝙗𝙨𝙩𝙖𝙣𝙘𝙚, 𝙨𝙢𝙖𝙡𝙡 𝙙𝙤𝙨𝙚𝙨 𝙨𝙩𝙞𝙢𝙪𝙡𝙖𝙩𝙚, 𝙢𝙤𝙙𝙚𝙧𝙖𝙩𝙚 𝙙𝙤𝙨𝙚𝙨 𝙞𝙣𝙝𝙞𝙗𝙞𝙩, 𝙡𝙖𝙧𝙜𝙚 𝙙𝙤𝙨𝙚𝙨 𝙠𝙞𝙡𝙡.” – 𝘼𝙧𝙣𝙙𝙩–𝙎𝙘𝙝𝙪𝙡𝙯 𝙧𝙪𝙡𝙚 (𝙥𝙝𝙖𝙧𝙢𝙖𝙘𝙤𝙡𝙤𝙜𝙮) It’s a loose rule, not a law, but it applies to so many things: Debt, ambition, networking, exercise, caution, & money. 𝗔 𝗹𝗼𝘁 𝗼𝗳…
Cash flow is a fancy term for money that goes in & out of your bank account. A lack of cash flow means you need to find a way to get more money to flow into your bank account. 𝗣𝘀𝘆𝗰𝗵𝗼𝗹𝗼𝗴𝘆…
Because it’s kind of a tradition and because I have a 100% success rate with my previous stock market forecasts here we go again. But first, let’s ponder on this: What’s the significance of a year anyway? It’s merely the…
Any investment or personal finance strategy that keeps you up at night is a terrible strategy. Instead, optimize your personal finances to make your life better, not worse. It’s as easy as 1-2-3: 1️⃣ Aim for reasonable, not perfection. 2️⃣…
You prefer immediate rewards vs. long-term gains. But investing is for the long term. When we are presented with distant commitments, we tend to stumble on the difficulty that our brain has in placing us in the future with any…
𝗧𝗵𝗲 𝗺𝗼𝘀𝘁 𝗶𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁 𝗿𝗲𝘁𝘂𝗿𝗻𝘀 𝗶𝗻 𝗹𝗶𝗳𝗲 𝗰𝗼𝗺𝗲 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗰𝗼𝗺𝗽𝗼𝘂𝗻𝗱𝗲𝗱 𝗲𝗳𝗳𝗲𝗰𝘁𝘀 𝗼𝗳 𝗼𝘂𝗿 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀 𝗼𝘃𝗲𝗿 𝘁𝗶𝗺𝗲, 𝘄𝗵𝗲𝘁𝗵𝗲𝗿 𝗶𝗻 𝗼𝘂𝗿 𝗰𝗮𝗿𝗲𝗲𝗿𝘀, 𝗵𝗼𝗯𝗯𝗶𝗲𝘀, 𝗿𝗲𝗹𝗮𝘁𝗶𝗼𝗻𝘀𝗵𝗶𝗽𝘀, 𝗼𝗿 𝗳𝗶𝗻𝗮𝗻𝗰𝗲𝘀. Isn’t one of our motivators to work the money we get for it❓Then let’s also have…
Especially not when making investment decisions. Uptrends are slow and methodical. Gains don’t come in big chunks but rather a stairstep process. Uptrends almost lull us investors to sleep because there isn’t much going on in terms of volatility. Downtrends, on…