ROE – Return on Effort
No one will ever sell me a get-rich-slow plan (because it wouldn’t sell very well), but it’s the only one that consistently works.
Tag: Prosper Slowly
Financial Nihilism – don’t do it
“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…
My Stock Market Forecast for 2025
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…
Forget about active investing and stay passive
Never look down the road not taken …
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…
𝑾𝒉𝒂𝒕 𝒊𝒔 𝒚𝒐𝒖𝒓 𝑵𝒆𝒕 𝑾𝒐𝒓𝒕𝒉 𝒓𝒊𝒈𝒉𝒕 𝒏𝒐𝒘?
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…
It’s all about your Cash Flow
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…
The most accurate stock market forecast for 2023
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…
Sleep well at night
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…
Extreme Discounting … be aware of this quirk
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…
Financial Nihilism – don’t do it
“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…
My Stock Market Forecast for 2025
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…
Forget about active investing and stay passive
Never look down the road not taken …
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…
𝑾𝒉𝒂𝒕 𝒊𝒔 𝒚𝒐𝒖𝒓 𝑵𝒆𝒕 𝑾𝒐𝒓𝒕𝒉 𝒓𝒊𝒈𝒉𝒕 𝒏𝒐𝒘?
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…
It’s all about your Cash Flow
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…
The most accurate stock market forecast for 2023
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…
Sleep well at night
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…
Extreme Discounting … be aware of this quirk
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…