The economy has obviously been in a continued slump, and despite random predictions of an eventual recovery, there’s no definite end in sight. Everything including the housing market has taken a hit, and that might leave you wondering if now is a good time to buy a house. Actually, yes, it is a good time [...]
Most of us don’t have the luxury of becoming rich by chance or because wealth was handed to us. That’s okay. Most wealthy people weren’t either. So how do we make sure we become wealthy? The only sure way to become rich is to do it the hard way. That is, to create our own [...]
I sent this to my subscribers to my newsletter earlier this week, and it generated some lively discussion with some people. I thought I’d share it with you… People that are smart enough (or lucky) enough to see opportunity to get in front of a boom before they actually occurs can literally change their life. [...]
It’s no argument that Warren Buffett is one of the greatest investors to ever live, if not the greatest. When Warren speaks, the entire financial and investment world listens. While many successful investors will go on to critique and disagree with his statements, more often than not he is right. In short, it would be [...]
Investing without a strategy is like a Sunday driver without a map. You know have a vehicle that can take you places, so you get in and drive around with no destination, no direction and no concept of how long you will be driving before you run out of gas. It’s important to look at [...]
We all learn from our mistakes, and unfortunately when it comes to personal finance and investing, those mistakes can be costly. While I continue to learn something new everyday, and like to believe I am perpetually becoming a better investor, there are many things I wish I had known sooner. With experience comes smarter investing, [...]
Millionaire Money Habits newsletter subscribers received a free copy of 10 Mistakes Every Investor Makes and How to Avoid Them. Warren Buffett teaches that making money in the stock market isn’t about how much you make on an investment, it’s how much you can avoid losing. During volatile times like these, Warren Buffett’s philosophy is [...]
For the fist time investors, learning how to invest can seem quite daunting. You have 15,000 U.S. companies that you can choose from, a lot of new terminology to learn, and just the sheer volume of brokerage options and investing strategies can make things complicated. When learning how to invest for the first time, don’t [...]
How quickly do you think you could double money? Let’s say you had a quarter. Could you turn that into $0.50 within a couple of days? If so, could you turn that $0.50 in to $1? If it is that easy to double money, why can’t you double $100 into $200 just as easily, or [...]
What is it that gets you excited about investing? Is it the opportunity to make a quick buck, the thought of taking advantage of compound interest in order to retire rich, or maybe the feeling of owning part of a great American company? Unfortunately, often people get excited about investing their money by the dreaming [...]
