Simple Practices that Lead to Wealth
I am absolutely loving the drama unfolding right now with GameStop and other highly-shorted stocks. The FED, SEC and White House are literally freaking out that a bunch of retail investors could band together on a social media group and take down big hedge funds in a classic short-squeeze. Here is how it happened. It’s …
This is the second post in my new Pillars of Personal Finance series. Saving – The Bank of You Investing – Grow Your Wealth Debt – World’s Biggest Product Income – Your Personal Economy Planning – Goals, Budget & More Dreaming of Possibilities From Day 1, way back in December of 1985, I loved Investing. …
It’s no big secret the financial services industry often takes advantage of retail investors. High fees, poor performance and a lack of liquidity can be the cost of doing business with a commission-based financial advisor. They have to get paid and that requires some costly products. Finally, there is an alternative to hiring a financial …
I read an article today that discussed the status of the world’s growing number of millionaires. This article shared a very enlightening statistic. Millionaires invest on average 20% of their income.* *Source: Yahoo Finance Investing is the Key to Success So, it’s pretty much as simple as that. If you invest a good part of …
It’s the most treacherous time of the year for stock market investors, the dreaded month of May. This is the time of year when the stock market most often tanks and heads into the summer doldrums.