Everyone knows life is hard for America’s middle class.
Or, is it possible that “what we all know” simply isn’t true?
Recession. Credit crunch. War on the middle class. Health care crisis. If you listen to the media’s fear mongering, you might think the world is coming to an end.
These impending catastrophes, however, are only believable when [...]
Do you know that feeling of anticipation, when you hold a new book, knowing full well it will be a joy to read from start to finish?
Russell Roberts has managed to craft another such a gem. But The Invisible Heart is more than a good story, it’s a love letter about economic freedom.
Roberts has a [...]
One of the most ironic aspects of modern life is the lack of instruction on how to handle money, especially considering the consequences of poor money management.
There are only three things people can do with money: spend it, give it, and keep it.
The proper balance is important. If you spend everything, you’re broke. If [...]
When is a book more than a book? Occasionally a book comes along with an idea so powerful, so simple that it threatens to transform the world.
Russell Roberts’ The Choice: A Fable of Free Trade and Protectionism is more than a book.
Roberts offers us a glimpse of a different America, an America free from foreign [...]
Like all new year’s resolutions, the sooner we change, the more we benefit. And much like our health, the consequences of poor financial decisions can take years to appear. Fortunately, it is possible to restore our financial health later in life.
Just like exercise, but different
But just like exercise, the longer you delay saving, the harder [...]
While we’ve experienced unparalleled growth and prosperity around the globe, history teaches us that everything comes to an end.
Alexander the Great carved out an empire over 13 years, but died one month shy of his 33rd birthday. His empire didn’t last. The Roman empire lasted for 1,480 years in one form or another. China was united and [...]
One way of measuring our lives is by the friends we keep and the legacies we leave behind. Another option is measuring our successes. Sometimes we have big successes to point to, other times our success is found in our persistence and a job well done.
The pursuit of financial success
Opinions vary on financial success. Some [...]
That’s it. These key steps lead to financial success if you start now. Of course, there is still more to learn if you want to:
be more comfortable making financial decisions avoid personal finance and investing pitfalls better craft a plan for your unique situation
On Financial Success covers all of these topics and more. Below you will find [...]
If we can’t beat the market, what’s left? Well, we can cross our fingers, selecting individual stocks and fund managers in hopes that we’re making the right decision.
Or we can approximate the market’s returns by owning everything. There are several benefits to this approach:
You’ll beat approximately 85% of managed funds When the market goes up, you [...]
Most investors skip this step and billions are made thanks to their oversight.
Investors spend countless hours trying to find an angle to give their investments a boost. This hope persists because the financial industry invests millions spreading the myth that you can beat the market.
Unfortunately, beating the market is highly unlikely, especially over the long [...]
