Hope to Prosper

Simple Practices that Lead to Wealth

Money Fail: Dead End Job

Income /

The biggest Money Fail I can possibly think of is for someone to work their entire life for low wages at dead-end jobs.

How Has Buy-and-Hold Survived So Long?

Investing /

I’m not a Buy-and-Holder. I believe that Yale Economics Professor Robert Shiller’s research has shown Buy-and-Hold to be a gravely flawed strategy and that Valuation-Informed Indexing (which teaches that investors must change their stock allocations in response to big valuation swings) is far more sensible and effective approach.

Failure and Greed of American CEOs

Economy /

This week, I read on The Daily Ticker that 25 of the top 100 highest paid CEOs had higher salaries than their company paid in federal income taxes. I don’t know what is more ridiculous, that companies paid their CEOs so much or they paid so little in taxes.

3 Reasons to Stop Living in the Past

Economy /

Things that have worked well in the past aren’t necessarily going to work well in the future. The pace of change is accelerating and the conventional rules of work, education and investing are becoming obsolete.