James

Typical Household Wealth Drops by A Third

July 27, 2014

If you’re feeling some frustration in your budget, you’re not alone. The latest analysis from the Russell Sage Foundation is that the median household net worth of Americans has declined by 36% since 2007. Why? The poor and working class have been less effective in getting over the great recession’s hangover effects from 2007. The […]

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Getting Serious With Joshua Kennon’s Investing Blog

July 24, 2014

Folks, If you get a chance, consider checking out Joshua Kennon’s Investing blog.  The author is a self employed entrepreneur from the Midwest who owns a a business selling Letterman jackets to high school sports teams. Unlike a lot of finance writers on the web, Joshua’s knows a ton about investing and small business management […]

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Save, Invest and Reinvest To Build Wealth

July 22, 2014

It’s always astounding what a difference a few years of investing can make! One of the things my wife Miel and I have been doing is actively driving the process of how we build wealth by investing in stocks, saving aggressively (or not so aggressively) and self managing our real estate. Well, this long term […]

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Stressing About Money Is Making You Poor

July 20, 2014

Hi All, The Washington Post has a neat little piece looking at people’s time horizons and their ability to manage money. Essentially the article is highlighting new research by famous psychologist Philip Zimbardo saying that people who are future oriented and mentally ready to improve their finances tend to have better outcomes. In fact, the […]

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No Amount Is Too Small To Save

June 15, 2014

Lots of people get their hands on small amounts of money (5 or 10 bucks) , but not everyone saves these smaller amounts.  Why not?  For some people its because it seems like too small an amount to really influence our financial future.  We think, “Whats the point of denying myself a lunch sandwich, a […]

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The New Elite: Inside the Minds of the Truly Wealthy

June 12, 2014

Hi All, History has cycled back and forth regarding public views of the wealthy.  In some eras they are vilified and demonized, in others they are worshiped or are viewed as having special powers (higher intelligence, better judgement, etc).  The current atmosphere is no exception – with policy pronouncements and media depictions titling towards demonizing […]

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How to Select A Good Mutual Fund

June 2, 2014

Hi All, Mutual funds can be a great way for individual investors to build wealth. That said, there is a veritable sea of content on the internet about mutual funds – much of varying quality. So, if you’re interested in learning how to buy mutual funds and don’t want to invest a lot of time […]

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How Owning 22 Rental Properties Can Retire You Faster Than $1M in a 401K

June 1, 2014

Hi All, As part of our ongoing mission to bring you the best and freshest content on the interwebs, you might consider checking out Stephen Davis’ piece on real estate investing. Its a great little outline on how you can accelerate your retirement wealth building using a snowball real estate strategy. There is a lot […]

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Six Considerations When Investing In Stocks

May 27, 2014

Hi All, You have a lot of choices when it comes to your money. You could buy something fun like a flat-screen TV or a boat, you could remodel your house or you could even take that dream vacation. On the other hand, if you wanted to be a little more practical, you could put […]

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