What can I find here?
Information to help me run my own business: MY ME, Inc.
Ideas to Own It and live my personal life by design and not by default.
Advice on how to prosper slowly but steadily.
Here are the latest Blog Entries
Index Funds donโt have an ego
๐ฃ๐ฟ๐ฒ๐บ๐ถ๐๐ฒ ๐ญ: ๐๐ป๐๐ฒ๐๐๐ถ๐ป๐ด ๐ถ๐ ๐ณ๐ผ๐ฟ ๐๐ต๐ฒ ๐น๐ผ๐ป๐ด ๐๐ฒ๐ฟ๐บ.๐ฃ๐ฟ๐ฒ๐บ๐ถ๐๐ฒ ๐ฎ: ๐ฆ๐๐ฟ๐๐ถ๐๐ฎ๐น ๐ถ๐ ๐ฎ๐ป ๐๐ป๐ฑ๐ฒ๐ฟ๐ฟ๐ฎ๐๐ฒ๐ฑ ๐พ๐๐ฎ๐น๐ถ๐๐ ๐ณ๐ผ๐ฟ ๐๐๐ฐ๐ฐ๐ฒ๐๐. The good news about the recent market turmoils is that Index Funds donโt have an ego. โ They wonโt commit fraud against you orโฆ
From dumb money to smart money in two moves
๐ง๐ต๐ฒ ๐บ๐ผ๐๐ ๐ถ๐บ๐ฝ๐ผ๐ฟ๐๐ฎ๐ป๐ ๐ฟ๐ฒ๐๐๐ฟ๐ป๐ ๐ถ๐ป ๐น๐ถ๐ณ๐ฒ ๐ฐ๐ผ๐บ๐ฒ ๐ณ๐ฟ๐ผ๐บ ๐๐ต๐ฒ ๐ฐ๐ผ๐บ๐ฝ๐ผ๐๐ป๐ฑ๐ฒ๐ฑ ๐ฒ๐ณ๐ณ๐ฒ๐ฐ๐๐ ๐ผ๐ณ ๐ผ๐๐ฟ ๐ถ๐ป๐๐ฒ๐๐๐บ๐ฒ๐ป๐๐ ๐ผ๐๐ฒ๐ฟ ๐๐ถ๐บ๐ฒ, ๐๐ต๐ฒ๐๐ต๐ฒ๐ฟ ๐ถ๐ป ๐ผ๐๐ฟ ๐ฐ๐ฎ๐ฟ๐ฒ๐ฒ๐ฟ๐, ๐ต๐ผ๐ฏ๐ฏ๐ถ๐ฒ๐, ๐ฟ๐ฒ๐น๐ฎ๐๐ถ๐ผ๐ป๐๐ต๐ถ๐ฝ๐, ๐ผ๐ฟ ๐ณ๐ถ๐ป๐ฎ๐ป๐ฐ๐ฒ๐.ย Isn’t one of our motivators to work the money we get for itโThen let’s also haveโฆ
Panic – It’s not a helpful emotion
Especially not when making investment decisions. Uptrends are slow and methodical.ย Gains donโt come in big chunks but rather a stairstep process.ย Uptrends almost lull us investors to sleep because there isnโt much going on in terms of volatility. Downtrends, onโฆ
When you have money, you don’t have to spend it
๐๐ผ๐๐น๐ฑ ๐ถ๐ ๐ฏ๐ฒ ๐๐ต๐ฎ๐ ๐๐ต๐ฒ ๐น๐ผ๐ป๐ด๐ฒ๐ฟ ๐๐ผ๐ ๐ฐ๐ฎ๐ป ๐ต๐ผ๐น๐ฑ ๐ผ๐ป๐๐ผ ๐๐ผ๐๐ฟ ๐บ๐ผ๐ป๐ฒ๐, ๐๐ต๐ฒ ๐ฏ๐ฒ๐๐๐ฒ๐ฟ ๐๐ผ๐๐ฟ ๐ณ๐ถ๐ป๐ฎ๐ป๐ฐ๐ถ๐ฎ๐น ๐ผ๐๐๐ฐ๐ผ๐บ๐ฒ๐ ๐๐ถ๐น๐น ๐ฏ๐ฒ? โ The truth is, when you use money, you lose it โ forever.โ When you keep money, you keep it โโฆ
Time is Money vs Money is time
๐ช๐ต๐ถ๐ฐ๐ต ๐ผ๐ป๐ฒ ๐ถ๐ ๐ถ๐ ๐ณ๐ผ๐ฟ ๐๐ผ๐?Not decided yet? Think about the real reason many people spend their time striving to earn more money. … ๐ค โฆ ๐ค Could it be that they want to trade it for more time, notโฆ
We all make mistakes with our finances
… and that’s ok. No one has this stuff all figured out. Sometimes you have to make decisions in real-time with imperfect information. Sometimes your emotions get the best of you. Sometimes your financial situation is just the result ofโฆ
What you do against inflation matters
I am curious, what do you do to beat inflation? It is almost impossible to โout-saveโ the inflation rate. One can only โout-investโ the inflation rate. Savings are risky in the long term โ guaranteed. Because inflation is the giftโฆ
Your Ability to Spot Financial Bullshit Predicts your Financial Well-being
๐ง๐ต๐ฒ๐ฟ๐ฒ ๐ฎ๐ฟ๐ฒ ๐ฝ๐ฒ๐ผ๐ฝ๐น๐ฒ ๐ผ๐๐ ๐๐ต๐ฒ๐ฟ๐ฒ ๐๐ต๐ผ ๐๐ฎ๐ป๐ ๐๐ผ ๐ฏ๐ฒ ๐ฟ๐ถ๐ฐ๐ต – ๐๐ถ๐๐ต๐ผ๐๐ ๐๐ต๐ฒ ๐ฟ๐ถ๐๐ธ, ๐๐ต๐ฒ ๐๐ฎ๐ฐ๐ฟ๐ถ๐ณ๐ถ๐ฐ๐ฒ, ๐ผ๐ฟ ๐๐ต๐ฒ ๐ฑ๐ฒ๐น๐ฎ๐๐ฒ๐ฑ ๐ด๐ฟ๐ฎ๐๐ถ๐ณ๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป ๐ป๐ฒ๐ฐ๐ฒ๐๐๐ฎ๐ฟ๐ ๐๐ผ ๐ฎ๐ฐ๐ฐ๐๐บ๐๐น๐ฎ๐๐ฒ ๐๐๐ฐ๐ต ๐๐ฒ๐ฎ๐น๐๐ต.
Living within your means is …
I know, that’s not a really popular topic for investors & traders. But living within your means is not a ‘nice goal’ to have – it is a must. Here is why: 1๏ธโฃ Those that don’t are in serious troubleโฆ
Breathe and let be
Tough markets out there right now. How are you coping? The journey towards building wealth starts with the battle between your ears. ๐ฆ๐๐ผ๐ฝ ๐๐ฝ๐ฒ๐ป๐ฑ๐ถ๐ป๐ด ๐๐ผ ๐บ๐๐ฐ๐ต ๐๐ถ๐บ๐ฒ ๐ถ๐ป ๐๐ผ๐๐ฟ ๐ต๐ฒ๐ฎ๐ฑ! Instead, increase your exposure to humility during markets like these.โฆ
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