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How I Learned About the Stock Market – Lessons for Investors

How I Learned About the Stock Market – Lessons for Investors

By in Asset Allocation, Bond, Stocks, Wealth | 9 comments

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 about the stock market. In a college stock market course, I learned about the stock market crash of 1929 and it scared me....

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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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Get Wealthy by Giving

Get Wealthy by Giving

By in Guest Post, Mind and Money, Personal Finance, Tips, Wealth | 3 comments

Get Wealthy-Beyond Money “Be thankful for what you have; you’ll end up having more. If you concentrate on what you don’t have, you will never, ever have enough.” Oprah Winfrey from Brainyquote.com In my youth, whenever something bad happened, my mom and dad said, “Well, it could be worse”. I’ve grown accustomed to training myself to jot down things I’m grateful for every day. Searching for a beautiful nugget in the worst situation can tweak your focus from what you lack to the abundance in your life.  Wealth is an attitude, not a dollar amount. Mom’s Get Wealthy by...

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Go Beyond Keeping Up With the Jones’ – Change Your Peception, Change Your Net Worth

Go Beyond Keeping Up With the Jones’ – Change Your Peception, Change Your Net Worth

By in Mind and Money, Money Management, Wealth | 22 comments

If you keep up with the Jones you’re destined for a bleak financial future. I’m intrigued by the magazine articles that specify how to get a designer look on a budget. But there is a fallacy with these articles and I’ll tell you why. Keep up with the Jones – Hi versus Low The premise is that a designer spent $40,000.00 designing this room, and you can get an approximate look for $9,000.00. Think about it for a moment. Do you think $9,000.00 on furnishings and decoration for one room is an affordable price? Who are they writing for?...

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How to Calculate Net Worth – What Are You Worth?

How to Calculate Net Worth – What Are You Worth?

By in Money Management, Personal Finance, Wealth | 17 comments

What is Your Net Worth? Get Rich Step by Step-by-Step “Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver,”  Ayn Rand The first step in creating a fitness and diet plan is to step on the scale. Nobody likes to get weighed, but you have to accept where you are right now, before proceeding to change. It’s how you keep track!   This article instructs in how to identify your financial baseline. Simply put, net worth is the total of your financial worth on a particular day. Net...

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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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