I got up this morning and started reading the news. Evidently there was another round of riots in Minneapolis, Oakland and aggressive protests in Portland, Oregon last night. This comes on the heels of civil disturbances in Chicago and Denver earlier this month. Here is the latest from Portland. … [Read more...] about More Rioting. Don’t Worry, We’ll Get Through This.
Its past new years and before tax season. That means a lot of people are thinking about how to allocate their money for retirement. You may also be considering how to build up your own nest egg. But, what is a nest egg and how do you build one? Here is a handy definition and some rules of thumb. … [Read more...] about What Is A Nest Egg and How Do You Build One?
It’s a no-brainer that some degree of education is necessary to get ahead these days, so I’m including a list of my top personal finance books worth reading. The list only has 5, but all of them can help you transform your relationship with money. … [Read more...] about Top Personal Finance Books Worth Reading
Since this is a personal finance blog, I thought I'd share some thoughts on picking stocks for maximum profit. This posting is geared for active investors who are interested in taking more risk to get more return. If you're into passive index fund investing, this isn't the article for you. … [Read more...] about Pick Stocks For Maximum Profit
Not everyone is born the same. Some people are born taller or with better eyesight than others. Environmental factors like socioeconomic status impact life outcomes. One particular outcome of interest to readers of personal finance blogs is the relationship between intelligence and wealth - in particular, the question: are smart people richer? … [Read more...] about Are Smart People Richer?
You have cash to invest and want to start profiting from the stock market right away. The problem is your experience isn't great but you want to improve your chances of making money. You've heard friends talking about timing the market and you're thinking maybe this how to get your first million. Problem is, none of your trading friends are rich. So, you know market timing … [Read more...] about Try Motley Fool Picks When You Can’t Time The Market
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 story is even worse once you factor in the … [Read more...] about Typical Household Wealth Drops by A Third
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 - as a result he writes about topics the … [Read more...] about Getting Serious With Joshua Kennon’s Investing Blog
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 investing appears to be paying off in terms of higher cash … [Read more...] about Save, Invest and Reinvest To Build Wealth