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The Key to Success Is…Interview with Derek Sall

The Key to Success Is…Interview with Derek Sall

By in Personal Finance Luminaries, Wealth | 1 comment

I’ve known Derek Sall since 2010, when we both started our online financial website empires. Derek’s story inspired me and I wanted to share it with you. His deliberate life decisions, successes and failures hold lesson’s for anyone who’s said, I don’t have time to take care of my family, start a side-hustle, work out or get rich.  Derek of Life and My Finances.com is a personal finance luminary and a regular guy with a passion for life and building wealth. Here is his story. 1. Let’s peak into your background and your personal story. My background isn’t simple,...

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5 Ways to Make Sure You Conquer Your Financial Goals

5 Ways to Make Sure You Conquer Your Financial Goals

By in Guest Post, Money Management, Personal Finance, Saving, Wealth | 0 comments

How to Ensure Your Financial Goals Aren’t Holding You Back By, Kostas Chiotis We all have personal financial goals. It might be a short term financial goal to earn a certain amount or to get out of debt in a specific number of years or something as simple as saving up to buy a new computer. Whatever your money goals are, it’s important to make sure you are taking the right steps to achieve them. In this post, you’ll learn about a few strategies to make sure your financial goals are not actually holding you back but that you’re...

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Are 2017 Financial Forecasts For Real?

Are 2017 Financial Forecasts For Real?

By in Economics, Investing, Mind and Money, Wealth | 0 comments

Financial Forecasts – Myth Or Reality? During a recent trip from San Francisco to Ohio, I spent several hours indulging in the Wall Street Journal, cover-to-cover. Fascinated by their second quarter Markets Review & Outlook Section on July 3, 2017, I fervently read the predictions made by pros compared with reality. Learn whether the financial forecasts hit the mark or veered off course. I assumed that at least one prediction for the markets for 2017 might have materialized. Yet, out of 8 economic predictions, ranging from U.S. stock indexes to inflation, the experts were all wrong. Here’s why it matters....

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5 Inspiring Warren Buffett Investing Quotes

5 Inspiring Warren Buffett Investing Quotes

By in Investing, Mind and Money, Money Management, Mutual Funds, Personal Finance, Stocks, Tips, Wealth | 6 comments

Warren Buffett is considered one of the most successful investors of our time. According to BusinessInsider‘s Andy Kiersz, in “Here’s How Rich You’d Be if You’d Invested $1,000 in Buffett Way Back When”, $1,000 invested in Berkshire Hathaway in 1964, would be worth about $11.6 million today. This information uses the 1964 share price of $19 and the February 27, 2015 closing price of $221,180 for Buffett’s Berkshire Hathaway (BRK-A). With the more recent closing share price of $194,620 (September 25, 2015) you’d still be rich. Bonus; What is Multifactor Investing and is it Worth a Try? I don’t...

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Avoid Being a Victim of Investment Fraud – Inspired by the Wizard of Wall Street

Avoid Being a Victim of Investment Fraud – Inspired by the Wizard of Wall Street

By in Investing, Money Management, Personal Finance, Tips, Wealth | 5 comments

Don’t be Like Steven Spielberg – Evade Investment Fraud I was both intrigued and sickened while glued to HBO’s Wizard of Lies. This riveting biopic chronicles Bernie Madoff, played by Robert DeNiro, as he crafts the greatest investment fraud of our time. It’s challenging to understand how sophisticated investors along with ordinary folks fell for Madoff’s Ponzi scheme. Find out how to avoid becoming a victim of securities fraud. You’ll discover that only your own knowledge and due diligence can save you from financial advisor malfeasance. Bernie Madoff’s Ponzi Scheme Fooled the Pros As long ago as 1999, an independent...

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Increase Profits and Reinvest in Your Small Business

Increase Profits and Reinvest in Your Small Business

By in Make Money, Personal Finance Luminaries, Tips, Wealth | 0 comments

Tips for Entrepreneurs – Reinvest in Your Business Contributing columnist, Kostas Chiotis We interviewed 11 successful online entrepreneurs. Learn their tips for success and how much they reinvest into their business. Their answers might surprise you. Warren Buffett learned about the importance of reinvesting your profits at the ripe age of 18. While still in high school and hoping to make a few bucks, he and a pal invested $25 in a pinball machine. They installed the game in a barbershop. The pinball turned out to be quite successful, and the two made a nice profit. But, instead of spending...

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