As we continue our series exploring challenges to building wealth, we need to introduce the concept of velocity of money. In personal finance, the velocity of money refers to using your funds to build wealth more quickly by getting your money to do more than one thing at a time. This is a well-kept secret […]
Read More »In continuing our exploration of the four challenges to building wealth, we’re looking into the rules of financial institutions today. We’ve written at length before about how financial institutions operate to get and keep more of your money. Take the time to educate yourself on these behaviors and how they get hold of your money […]
Read More »The irony of equity investing is this: if you knew nothing about the stock market and did not follow any financial news, you have probably made a very handsome return on your investment, but if you tried to be a little bit smarter and read any commentary from experienced managers, you probably performed poorly.
Read More »Being able to recognize and silence investment noise is critical to your financial success. Stay the course, adhere to a rules-based, disciplined approach, and you’ll have better investing results for it.
Read More »Compound interest is definitely powerful, and can be critical to your investing success. But, there are myths surrounding this concept that are worth understanding.
Read More »True long-term investment success comes from a lot more than stock picking methods or luck. You need sound principles and smart investor savvy to guide your decisions. That’s how you reach your full financial potential.
Read More »When it comes to investing, even if you do everything “right,” you still might not reach your full financial potential. That’s because wild fluctuations – volatility gremlins – can kill your returns and steal from your bottom line.
Read More »While women may struggle with being confident in their investing abilities, the evidence has been mounting and the results are in – when it comes to investment performance, women are beating men.
Read More »How often you check your portfolio directly impacts your returns. The more often you look, the more likely you are to see a loss. And react emotionally. De-stress by checking less often.
Read More »Markets can easily rattle you. But before you try your hand at market timing to strike it big or avoid a loss, you may want to think twice about the dangers
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