I saw a guy walking to his brand new Range Rover as he scratched off lottery tickets he’d just bought at the gas station. As I filled up my Honda, I watched as he got into his Range Rover- because I just wanted to convince myself that it was his car. Now, I came up […]
After years of struggle trying to build a business presence online, I’ve started to have a little success based on one key point: Succeeding online isn’t a whole lot different than building a “brick and mortar” product or service business. Click Here For Free Report: 10 Great Resources For Personal Finance Now, I’ll grant you, […]
Ron Burgundy believed that diversity was old wooden ship, but diversity is also a great reason to invest in mutual funds. (kinda wish that they would have asked Brick Tamland for his opinion). I answered this question on Quora. To answer this question, I’ve explained mutual funds and also provided a tool you can use […]
There are many money-making paths you can go down, but you’ll be miserable if you pick the wrong one. If the path you choose feels like drudgery, you probably won’t succeed. I loved how Mladen Adamovic started this answer to this question, because it illustrates how we all have our own biases about business ideas. […]
Skimming the online version of The Wall Street Journal each day will have a massive impact on your ability to understand investing. “Well, that’s a pretty bold statement.”
“If you don’t know where you are going any road can take your there” That quote is attributed to Lewis Carroll from the book Alice in Wonderland, and that same quote applies to investors. If you’re searching for the best way to invest money, you need a plan. As Admiral Painter says in the movie […]
“Experience is what you get when you don’t get what you want.” That quote is attributed to Randy Pausch. I highly recommend his TED Talk that is referred to as The Last Lecture. Pausch, a college professor, gave the talk when he was dying of cancer. I’ve always said that the number one personal trait […]
It’s just a few days until April 15- are your freaking out? The individual tax deadline is the straw that broke the camel’s back for many consumers. As if personal finances wasn’t already difficult- now I’ve got to get my taxes in?! Frustrating. So, I’d like to thank the folks at Earnest.com for provided […]
I saw a disturbing statistic: over 50% of families text each other while they’re in the home together. I text my 17 year old daughter to tell her when dinner is ready- hey, it keeps the peace! But it’s poor communication. New Personal Finance EBook in 2017: Get sample chapters here I’ve noticed another area […]
I had to get a knot out of a drawstring bag the other day. Funny- when you start to pull the knot apart, you may be surprised at how the strings are intertwined. This is an analogy for the relationship between higher interest rate and your stock portfolio. The connection may surprise you. Have a […]