All of us have at least one reason why we get up and go out (or work from home) to try to make a living. For most of us, it’s survival: paying for food, clothing, or shelter. For a growing number of others, it also involves getting out of debt. Unfortunately, for most of us, our financial motivation is Continue reading “What’s Your Bigger Financial Motivation – Or Do You Even Have One?”
Although this is a blog about stock investing, sometimes it’s useful to look at different types of investment of arguably much greater value. In this case, I will be offering some very practical ideas on how you can invest in the future of your children based upon how my parents, especially my mom, invested into mine. Even if you don’t have any children of your own yet but plan to, you can learn some very useful advice if you choose to read on.
It is becoming harder in our western society for young people entering adulthood to have any sort of financial advantage going in. There are many factors against them. Continue reading “Giving Your Kids a Leg-Up”
Even though this is a blog about stock investing, the principles in many of these posts relate and can translate to success in any form of investing in other areas of life: education, relationships, and so on. Really, what point is there to becoming a successful stock investor if you can’t also learn things that make the rest of your life better and of those around you? Continue reading “Taking the Emotion out of Investing”
It can be argued that the concept of saving is largely a lost art.
From a developed-world perspective, there is no longer a stigma attached to debt like there was a few decades ago, so people merrily spend their way into multiple forms of debt without thinking about the future consequences. The ideas of penny-pinching, not buying what you don’t have the cash for, and other forms of saving and frugality – with the goal of someday building a nice nest-egg of savings – have been lost in this world of abundant and easy credit.
In fact, it would seem as though Continue reading “Overcoming the Debt Mindset”
There is a range of opinions about how to handle a stock that isn’t quite panning-out the way you had hoped. Some people will tell you to hold on at all costs and for as long as possible if you still believe in the long-term outlook of the company. Others will advise you Continue reading “Why Am I Holding on to Some of My Losers?”