November 15, 2010 · 4 comments
in DIY, bubble, capitalism, central banks, collapse, consumers, debt, decisions, depression, discipline, diversification, economy, emergencies, emergency fund, financial planning, forecasts, inflation, international economy, money management, preparedness, risk, survival, sustainability, wealth protection
The fact of the matter is that at the end of the day not even the economists fully foresee or even understand (let alone agree on what they do understand) the full implications and progression of the state of the current world financial system.
Another fact is obvious: the global financial system is so interconnected and [...]
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August 10, 2010 · 3 comments
in Lists, behavioral finance, cashflow, charity, coins, discipline, financial fitness, frugal tips, lifehack, money management, penny, savings, tips
Have a problem with too many leftover coins (yeah, you could have worse problems)? Too lazy to roll up your coins and deposit them in a bank account? Or do you toss aside your coins because they’re so heavy to carry around, and then find yourself breaking bills all the time just to get a [...]
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May 9, 2010 · 16 comments
in DIY, cashflow, consumers, credit cards, determination, discipline, estates, financial education, financial fitness, financial planning, goals, life, money decisions, psychology, spending, success, wealthbuilding
If you’ve been around on the interwebs and Twitter enough, and if you’ve read enough personal finance books, you’ll know a heck of a lot about The Millionaire Next Door. She or he spends less than you’d think, they don’t drive a Rolls Royce or Jaguar, and they’ve probably made it to millionaire within one [...]
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April 5, 2010 · 6 comments
in bubble, discipline, economy, emotions, financial planning, future, investing, market crash, market timing, money lessons, opportunity, preparedness, psychology, purchases, savings, stock picks, stocks, wealthbuilding
One week we’re done with market crashes, the next week there’s more talk of bubbles and Wall Street antics wasting taxpayers’ money. This list of market doom headlines is a good enough reminder of how the fear for the end of the world felt like just over one year ago now in early March 2009.
What [...]
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March 22, 2010 · 6 comments
in DRIPs, books, cashflow, discipline, dividends, education, financial education, financial fitness, financial planning, investing (general), investment tools, money management, portfolio, purchases, stocks, wealthbuilding
I’ve been an individual stock investor for almost a decade now (starting out very small, while still an undergrad), but it’s taken me some time to revise my methods and learn what’s most important in terms of record keeping. When I first started out, all I cared about was the excitement of the purchase itself [...]
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January 14, 2010 · 10 comments
in behavioral finance, discipline, emotions, financial education, investing, market timing, psychology, stocks, technical analysis, time in the market
The stock markets are ultimately unpredictable, but that doesn’t mean they are mysterious or without guiding trends and principles that anyone can learn.
As long as you’re not day trading and hoping to turn profits within minutes or by 5pm, there are a number of ways you can help ensure that you buy your shares low [...]
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December 21, 2009 · 4 comments
in December, Financial New Year, discipline, estates, finances, financial planning, goals, holidays, lifestyle design, money decisions, networth, portfolio, wealth protection, wealthbuilding
It’s a good time to draw up some financial New Year’s resolutions if you haven’t yet. Sure – don’t call them New Year’s resolutions if you don’t want to – it’s a financial plan for 2010 that I’m really talking about.
Although we are still in the thick of the holiday season, take a quiet day [...]
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