Happiness and High Standards Actually Do Mix.
In Western culture, as well as many other cultures around the world, there is a prevailing dogma that being happy equals being content with your life and being content equals...
Category: principles
4 Most Common Investment Problems
I’ve never heard of anyone who is completely satisfied with their investment portfolios. Here are the 4 most common investment problems that the general population as well as professional investors...
Black Swans: Every Investor’s Worst Nemesis
If you follow the financial markets on a regular basis, you might notice that nothing really noteworthy happens on a vast majority of days. On a few rare days, the...
Picking Stocks is a Sham. Start With Asset Allocation Instead
Attention newbie investors, If the first thing you think about when you start planning your investing is what stocks you’d like to buy, then I have bad news for you:...
Passive Investing: Cheap, Lazy, Yet Smart
Kurt von Hammerstein-Equord, one of Germany’s peacetime Chiefs of the Army High Command before the Nazi regime came to power, was credited with an eccentric classification scheme for his subordinates:...
Free Call Options: Better Than Free Beer
Introduction to Stock Options Stock options are financial contracts that grant you the right to buy or sell shares of a certain stock at a strike price (fixed price) before a particular...
10 Ways You’re Sabotaging Your Investing
Statistically speaking, investing isn’t likely going to make you many times richer very soon but it’s also not likely to leave you in the poor house if you keep it...
The Top 10 Assets You Need for a Better Life
There’s no doubt that increasing your net worth will, in general, increase your quality of life. This endeavor may involve a combination of the following steps: Saving more Spending less...
Taking Control of Your Money Isn’t Complicated
A large number of individuals and families don’t have budgets, and the reasons are understandable: They find tracking details of their spending complicated. It makes them feel guilty. It takes...
Life’s Too Short for Saving Pennies on the Minute By Washing Ziploc Bags
Why Pinching Pennies is Short-Sighted Cliché advice on saving money that makes me want to throw my monitor out the window: “Wash and reuse your Ziploc bags.” On the surface, it...
