Get-Rich-Quick Schemes do not work! The only way to grow your nest egg is slowly but steadily.
“There’s no point in saving for the future because we’re going to have war, revolution, and it’s all going to come to a violent end.” I’ve also heard that young people aren’t saving for retirement either (because “there is no…
Because I have a 100% success rate with my previous stock market forecasts & because it’s kind of a tradition here we go again. But first, let’s ponder on this: I’ve long believed that forecasts can be valuable even when…
If your answer is “𝑁𝑜𝑡ℎ𝑖𝑛𝑔, 𝑟𝑒𝑎𝑙𝑙𝑦.”Okay, so why try so hard to earn lots more money? If your answer is “𝐼 𝑠𝑝𝑒𝑛𝑑 𝑖𝑡.”Okay, so once you make money, hanging on to money is just as hard as making it. You…
Managing Money is easy.Managing Wealth isn’t. We quantify what’s easily countable, not what matters most. Wealth isn’t as easily defined. But it’s quite impossible to manage something we haven’t defined for ourselves. 𝐈 𝐚𝐦 𝐜𝐮𝐫𝐢𝐨𝐮𝐬, 𝐰𝐡𝐚𝐭 𝐢𝐬 𝐰𝐞𝐚𝐥𝐭𝐡 𝐭𝐨 𝐲𝐨𝐮?…
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…
Many people: “Once I hit a certain level of net worth all of my problems will magically vanish.” Reality: ”Nope!” What if I told you that achieving that long-term net worth goal you’ve always dreamed of achieving probably won’t bring…
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…
