I’m practically cringing as I write this article. There are so many real problems in this world, that rebalancing your investment portfolio shouldn’t even make the top 10,000. But, with that caveat, I’ll tell you that there’s some stress and anxiety when buying and selling investments.
Every time I open my news, twitter, LinkedIn feeds or Wall Street Journal paper, I’m bombarded with cryptocurrency news. Bitcoin was up to $17,050 on December 20, 2017 and recently fell to $9,833 on January 19, 2018 for a one month 29.39% drop. Does that mean, it’s time to “buy on the dip”? Only if you’ve got money to burn. If I hear about one more bitcoin millionaire – oops, that was last month, I think I’ll scream. This reminds me of the tech bubble, on steroids. Except that the technology…
Wealth Tips Aren’t Always About Money Do you regularly feel worried and stressed? Does depression visit more than you’d like to admit? Do you envy those around you and think they have more than you do? There’s a free solution to this modern day malaise.
Part 5: Best Investing Method Series-How to Buy Low and Sell High “All of us would be better investors if we just made fewer decisions.” Daniel Kahneman (brainyquote) Welcome to Part 5, the final article in the Best Investing Method Series. The goal of this series is to show how simple smart investing is. The diversification strategy with asset classes is the closest approach the investor has to a “sure thing”. Not because you will never lose money, everyone loses money once in awhile, it is …
I Don’t Invest in Individual Stocks Because I’m Smart and a Lazy Investor According to Warren Buffett, Chairman, Berkshire Hathaway: (220) “Most institutional and individual investors will find the best way to own common stock is through an index fund that charges minimal fees. Those following this path are sure to beat the net results [after fees and expenses] delivered by the great majority of investment professionals.” 1996- Shareholder Letter (sourced from IFA.com/quotes/) Over the past s…
Perfect Wealth Building Guide with Investing Are you worried about your financial future? Would you like a method to set up your finances for success now, and financial security in the future? Do you fell like you lack time and knowledge to manage your money? Here’s how you’ll benefit and what you’ll learn from this investing blueprint (from back cover): The index fund investing approach that helps you reach your financial goals. Enough investing knowledge to create your own investment strate…
I received a message in my inbox from Mitzi Perdue, author of How to Make Your Business Last, the widow of Frank Perdue and daughter of Ernest Henderson, co-founder of the Sheraton Hotel Chain. She wanted to share this story. Her tale is inspired by legendary hedge-fund Manager Roy Niederhoffer’s analysis of the opera Carmen and it’s lessons for investors. She synthesizes an analysis of Carmen, the opera written by George Bizet, and describes its behavioral economics and investing lessons.
Easy Jobs to Get Now Do you need more money fast? Are you facing the holidays without enough savings? Are you considering borrowing or taking a quick payday loan? Instead of going for a payday loan, or racking up credit card debt, earn extra cash. Avoid the January financial hangover, by shoring up your finances now. You will thank yourself all year if you earn more money, now instead of going into debt over the holidays. You might be surprised how easy it is to make money fast. Some of thes…
Learn how saving, stock market investing, index funds, & staying the course builds wealth. How I Became an Avid Stock Market Investor At age 25, finally tasting adulthood, I wanted to get rich, or at least richer than I was. I loved the idea of becoming an adult, having my own apartment, job, money, and best of all, control. As I began to accumulate a nest egg, from saving and a modest lifestyle (I loved that one room studio apartment!). I wanted to learn to invest. I had some trepidation a…
As you’re dealing with life insurance in retirement, the wrong move can cost you thousands of dollars. …and unless you have a massive pension or other retirement accounts, those are mistakes you simply can’t afford. To help you make the right choice with your life insurance needs, here’s a list of the top life insurance mistakes retirees make and how to avoid them. 1. Retireees avoid life insurance entirely You might think you’re too old to get life insurance or it’s too expensive.