Money Management

Manage Your Risk Using A Financial Pyramid

October 21, 2013

Folks, One good way to manage your risk is by spreading your investments into low, medium and high risk vehicles using a financial pyramid.  In a financial pyramid, the largest part of an investor’s assets are in safe liquid investments that provide a decent return, such as bonds or certificates of deposit.  Next, some money […]

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Eight Ways To Eat For Less

October 14, 2013

Folks, Everyone needs to eat, but eating doesn’t have to break the bank.  One of the easiest expenses to reduce is the amount you spend on food.  Reducing your grocery bill may mean eating more homemade food, but it generally means that you have more money in your pocket and better control of your diet […]

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Ducking the Financial Crisis Bullet

October 7, 2013

Hi All, Washington DC is smack dab in the middle of a second week of shutdown. Since Federal spending plays such a huge part of the U.S. economy, and since the shutdown does not appear to be ending anytime soon, there will inevitably be a negative impact on the economy. What does this mean for […]

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Learning about money later in life

October 3, 2013

Good morning Dinks.  As you know I haven’t always been good with money.  In my late teens and early 20s I racked up thousands of dollars in debt and spent the rest of my 20s paying it off.  I like to tell my story because I really want to help people avoid making the same […]

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Median Income Falls for 5th Year

September 19, 2013

Folks, If you’re not following the personal finance news closely the U.S. Census Bureau has a new report out.  The news is bad.  Evidently median incomes have fallen consistently for the past five years.  This wouldn’t be so bad, except for the fact that the top 5% seem to have done pretty well.  Unlike the  […]

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How to play poker and win

September 19, 2013

Good morning Dinks.  I don’t know if I ever told you about my poker clients, but I don’t think so, so now I am going to tell you because my poker clients make thousands of dollars each month, all from the comfort of their own homes.  These three young men play poker for a living; […]

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What Makes the Rich Different?

September 2, 2013

Hi All, One way that mega millionaires are different from everyone else is: income composition.  When you compare investors with over $5 million in net worth to those with 100,000 to 1 million in net worth, a big difference is percentage of income from investments.  Investors with over $5 million receive 43% of their income from […]

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Daily Habits of Wealthy People

August 24, 2013

Hello People, Yahoo has been coming out with some great content lately.  The latest is a quick video by Farnoosh Torabi. In it she details some of the habits of people making more than $150,000 annually with $3.2 million in investable assets. The video is below: If you don’t have time to check it out, […]

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Our Top Five Financial Tips from Eric Tyson

August 20, 2013

At home, my bookshelf is next to the computer. I‘m starting this posting and I’m looking at the books on my shelf. We must have dozens of personal finance titles, everything from the classics like The Intelligent Investor to junk like Charles Givens piece Wealth Without Risk. There are also thousands of personal finance blogs […]

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