Unless you strike it rich overnight, accumulating wealth is like watching grass grow. I don’t mean that in the sense that it is boring, which to some people it may be, the analogy is that building wealth is a process that materializes after stages of seemingly insignificant behaviors.
Little by little, your consistent small contributions and [...]

Last week, subscribers of In the Money newsletter got a sneak peak at my new special report, 10 Mistakes Every Investor Makes and How to Avoid Them. I want to thank all of you who sent me feedback after reading this report. I do read every email I receive and appreciate all of your contributions [...]

Once teenagers are gainfully employed they can begin contributing to an IRA and easily become a millionaire.

Compound interest is a concept that anyone who wants to understand investing and accumulating wealth must grasp. It is so important that Albert Einstein reportedly referred to compound interest as the eighth wonder of the world and the most powerful force in the universe.
What Makes Compound Interest so Important?
In simplest terms, compound interest means you [...]

There is a part of me that is looking forward to a recession, which would consequently drive down stock prices and the market as a whole. As a statement, that sounds like a horrible thing to wish for. That could mean great losses in retirement funds, higher unemployment, a slow down in gross domestic product, [...]

What would you do if your investments lost 20% in value overnight? How would that make you feel about investing? Some people would panic, others may find it as an opportunity to acquire more assets at a discount, and others would never put themselves in that situation in the first place.
Determining and understanding your risk [...]

This Bankrate.com article appeared on 10/24/07. By: Dana Dratch.
When you need advice, it’s usually best to go to the experts. So Bankrate did, collecting the thoughts of eight personal finance gurus on increasing your wealth. In some cases, the experts had to learn the lesson themselves (usually after a few hard knocks). [...]

Do you fit in the group of wealthy people, but believe thinking about money is boring or a touchy subject? A good portion of high-income producers, particularly those who come from poor backgrounds, have a hard time spending money and taking even the minimum amount of risk. Generally the thought or discussion about money is [...]

This article is paraphrased from a 10/12/07 Motley Fool article:
You should be highly skeptical of any and all get-rich schemes … except for the super-simple formula I’m going to show you below. Because this one really works.
It works so well that it’s been used by the world’s billionaires — from moguls of yesteryear such as [...]

Like nature, all investments go through cycles – stocks, real estate, business industries. There are booms, and there are busts. When there are busts, panic in a particular market or industry emerges, and fear overtakes people’s ability to think clearly. Don’t let your emotions distort your wealth accumulation plans. Instead, develop your keen sense to [...]