Published 19 May, 2008 in Getting ahead, Investing
Bull market. Recession. Scandal. The latest economic trend.
The financial media is built around the idea that you can successfully time the market. The hundreds of prognosticators more than happy to tell you (and everyone else) what to buy and sell and when to do it.
But there’s a problem with this premise. The ideal time to [...]
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Published 27 March, 2008 in Financial Success, Getting ahead
I am most likely to spend money when I am stressed or exhausted.
For this reason, I hate working.
But seriously, I am naturally very serious and analytical. I see potential hurdles as challenges, not problems. However, building our first house stretched the limits of my patience as we encountered roadblock after roadblock.
As the months rolled by, [...]
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Published 20 March, 2008 in Getting ahead
Don’t play the game.
The rat race is voluntary. You can choose to subject yourself to meaningless, futile competition for stuff that cannot make you happy.
Or you can choose to set your own goals, milestones, and paths to get there. You’ll be happier if you do.
Money is only a tool
When money is your goal, you’re setting [...]
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Published 6 February, 2008 in Financial Success
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 [...]
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Published 5 February, 2008 in Getting ahead
Do you remember the Choose Your Own Adventure books that let readers direct the story at key decision points?
One reason these stories are fun is that mistakes are not permanent. Just flip back and pick the better decision.
Unfortunately, this flexibility isn’t possible in real life, although many of us live like it is. And unlike [...]
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Published 14 January, 2008 in Book reviews, Financial Sense, Financial Success, economics
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 [...]
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Published 3 December, 2007 in Financial Success, Group Writing Projects
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 [...]
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Published 17 November, 2007 in Financial Success
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 [...]
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Published 17 November, 2007 in Financial Success
A six-page pamphlet on building wealth, distilled into four simple, reliable steps.
A lot of people think financial success is complicated or difficult to achieve.
It isn’t.
Just as the recipe for staying healthy is simple—eat less, exercise more—the recipe for financial success is straightforward.
Spend less, & save more.
Few people find this fun or even pleasant, but it [...]
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Published 15 November, 2007 in Financial Success, economics
Financial success is possible, likely, even inevitable for people who work hard and make the right decisions (it also helps to live in a free country).
So what is financial success?
If we asked 100 different people to define success, we’d hear just as many different definitions. Financial success is no different. Our personal definitions call for [...]
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