The last few years have vividly demonstrated that some money matters are outside our personal control. Even the savviest investors can’t change the fact that financial losses will inevitably happen. What we can control is how we respond. Financial literacy has never been more important, but it’s not taught in most classrooms. When kids think about money, […]
This Piece of Financial Advice Never Work
It’s standard advice for people who need to save: Cut your credit cards. Or maybe freeze them in a block of ice. But that’s a temporary fix, not a permanent solution. Robert T. Kiyosaki, author of the “Rich Dad” series of financial advice books, says that cutting your cards might not help, or even make […]
How to be an Influencer
How do you build a huge following for your YouTube channel? The answer might surprise you: aim your material at a tiny target audience. It may seem counterintuitive, but you should focus your first videos on a niche topic. The more specific, the better. The best way to become recognized as an expert in the […]
Why Do Investors Care About the Economy?
Inflation, employment rates, and economic growth have been in the headlines more than usual. Investors obviously regard these stats as indicators on how the stock market will perform. But if you’re new to the game or rely on someone else to handle your investments, you may be wondering what the cost of milk has to […]
How to Invest in These Volatile Times
The last few weeks have been yet another reminder that the world is changing very quickly. While these changes may feel new to us, students of history know that certain patterns crop up as empires rise and fall. History repeats itself. And when we study these patterns, it becomes possible to predict with more accuracy […]
The Secret to Investing in Short-Term Rentals
Money matters are emotional because they’re tied to some of our most deeply held fears and aspirations. But if you want to be a successful investor, you must learn to put those feelings aside when it’s time to make a big decision. This rule is especially important when you’re investing in short-term rental and vacation […]
How to Mix Things Up
Companies like Facebook, Google, and Twitter are constantly harvesting your data in the name of improving their offerings. But did you know that, if you use their services frequently, they are also likely performing experiments on you? It’s all part of smart experimentation in the age of Big Data. Companies in the 21st century have learned […]
What Makes a Product Successful?
Most businesses begin with ideas about products and services. But often, during the development process, too much emphasis is placed on product features. The product is important, of course. But it should always be secondary to your business objectives. With the right objectives in place, the product team will have its marching orders. They will […]
Move the Goalpost
We take it for granted that our wants and needs change as we age. Yet many people assume it’s best to pick one financial strategy and stick with it for life. That’s a mistake. The best planners rethink what financial wholeness means to them at different stages of life. A good evolving financial plan is […]
High-Performance Investing, Starting Now
A given business falls into one of three areas: it’s at the center of your circle of competence, near its edge, or outside it. You should always ask where a company falls with regard to your circle before you invest in it. Companies that are outside your circle of competence can be tempting, though. Too […]
