Do you choose to be rich or poor? Decide now! Everyone would choose to be rich however their behavior shows that they in reality want
Category: Investments
Don’t Waste Your Bonus, Invest It!
So let’s say you get a bonus at work or the government gives you $1200 or some other amount of money. Maybe you get a
Invest when prices are low!
So stock prices are falling like a rock! I am scared to invest! Perhaps you should be. Or maybe you should think like a predator
F.I.R.E. up those savings update
Retire at 35 and sail away to Bali! What a plan! While this is admirable in my book it’s not very realistic for most people
Watch out for Climate Change Losses!
So you’ve read the news about climate change impacting some person that lives on an island nation in the South Pacific that is going to
I am afraid of Investing. Why?
I recently read an article that said Millennials and the generation after them are afraid of investing. Interesting. Perhaps some education is in order. I
FIRE up those savings
Retire at 35 and sail away to Bali! What a plan! While this is admirable in my book it’s not very realistic for most people
MMT: Let’s print lots of money!
Modern Monetary Theory = MMT What is it? Politicians may start talking about this in economic debates and we are already using it. The theory
How to deal with inflation
Inflation. What does it mean? It means the money tomorrow is worth less than what it was yesterday. The money has less purchasing power. Have
Investing in gold? Does it make sense?
You’ve heard of people investing in gold in case financial catastrophe hits. Is it wise? Well it depends on how bad you expect things to
Make Money on Housing
If you have a property and own it you can put it to work by renting it out. You can’t rent out your rental apartment
Trading and Brokers
If you want to trade stocks you can do that through brokers. These come in full service and discount. Most people use discount online brokers
Excellent ETFs and boring bonds
Excellent ETFs: ETF are exchange traded funds sold on the market. They may be portfolios of stocks in a certain sector such as energy, technology,
More Investment fund types
Real Estate Funds: These funds invest in REITS and public real estate stocks. REIT= real estate investment trust. Usually they can be broad market, sectors
Marvelous Mutual Funds
Mutual funds are great for beginners. Why do I think this? They allow one to get in on the action of stocks, bonds and real
Learning More about Investing
Now that you know a little about saving and investing it’s time to dig in a bit deeper. Here are some resources for newbies to
Time Shares,Vacation homes, RVs
Time shares: No, don’t take the tour and sign up! While this might seem like a good idea they are hard to sell once you
You Need Emergency Funds!
Rule #1: Set up an emergency fund in liquid savings with 6 months of living expenses. You will need money if you get laid off
Only little people pay taxes
“Only little people pay taxes!” That is a famous quote from Leona Helmsley. A rich hotel owner from NYC in the 1980s. She was known
Introduction to investments
There is a subtle difference between investments and savings that many people don’t understand fully. The purpose of saving is to not spend and accumulate
