Some psychologists believe that you are the average of the 5 people you spend the most time with. Whether this is accurate or not, the truth is we are influenced by everyone around us to some degree. This is why it’s important to surround ourselves with positive and highly productive people. Our environment should work for our success,… Read More »
I recently watched an HBO documentary called “Becoming Warren Buffett,” which features the life of the man himself. The show gives viewers an extensive look at Buffett’s achievements, struggles, and challenges with his career, and probably more importantly, with his personal relationships. Buffett started making money at a young age selling gum door to door, and delivering newspapers. He began… Read More »
Index investing is a great way to build long term wealth. It’s simple to implement, convenient, and you are guaranteed to make the same returns as the market, minus any fees. But is it right for everyone? How Indexes Are Managed There’s a common theory that retail investors shouldn’t try to beat the market since it’s almost impossible to… Read More »
How High Can the Dow Go? The Dow rose from 7,000 to 20,000 points over the last 8 years. And that doesn’t even account for the dividend payments. By using financial leverage my portfolio managed to outperform the market every year since I started buying stocks in 2009. 🙂 Borrowing to invest is risky. But if I continue… Read More »
How to Find the Best Financial Planner Financial planning can be simple, but it can also be very nuanced. So who is the best person to help you create your perfect financial plan? The answer is simple. That person is you. 😀 Here’s why. Unlike a meal plan or other short term aspirations, a financial plan isn’t an event… Read More »
It finally happened. The Dow index broke 20,000 points for the first time in history. It’s never been so high before. If the stock market was a rapper, it would be Snoop Dog. 😀 With valuations being stretched so much it’s important to be very selective about what investments we buy now. One wrong move and we could… Read More »