2 Fund and 3 Fund portfolios. Set it and forget it investing. Simplicity in your investment strategy has many advantages. It’s true that value investing, the Buffet way, is an effective strategy, not everyone has the time to do the required research and manage their investments at the level of Warren Buffet. The nice thing […]
2 and 3 Fund portfolios. Set it and forget it investing. Read More »
The Millionaire Next Door, by Thomas J. Stanley and William D. Danko, started as a study of America’s most wealthy as a tool to inform marketing decisions. What came out of the study was unexpected but enlightening. Although this book is not meant as a ‘how to’, there are some important lessons we can learn
3 books that will change how you think about money These are three books that I’ve read that will influence your understanding of money. The basis of any personal financial plan must be just that, a plan driven by goals. As I mention in my post “Take charge of your Financial Education!” It’s our personal
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You Don’t Understand Compound Interest, let me explain. Let’s talk about compound interest. Maybe you understand, maybe you don’t. I’m going to assume that you don’t, many people misuse the concept of exponential growth and that’s exactly what this is. It’s a critical concept in wealth accumulation, and we all want that, right? Seriously, you
You Don’t Understand Compound Interest. You can be Rich! Read More »
I’m expanding on a topic that I spoke about in my About Me page. It’s so important That PBS fundraiser that introduced me to personal finance topics was probably about 30 years ago. I’m far from perfect, but I have made significant progress over the years. I got out of debt, built up an emergency
Take charge of your Financial Education! Read More »
I know that there are many other topics that are far more interesting than creating a budget, but let me tell you why it is so important. Your goal, when it comes to personal finance, is to manage your money to achieve your life goals. So much of your well-being, and the well-being of your
Why a budget is important. First step to wealth! Read More »