July 29, 2010
in apartments, decisions, dividends, financial planning, housing, life, lifestyle design, money decisions, psychology, renting, tips
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For you, the question isn’t about renting vs. buying. It’s about whether you should stay where you are despite its problems, or gather up the money and energy to make another move. So how do you decide if it’s worth it to move, when you don’t absolutely have to?
Let’s say your current apartment is ok, [...]
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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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January 22, 2010 · 1 comment
in January, investing, market timing, market trends, psychology, seasonal investing, special dates, stocks, technical analysis, theories
What’s “the January Effect”? It’s a simple seasonal investing rule that goes something like this: “as goes January, so goes the rest of the year.”
Seasonal investing is not quite an investment style, but more like a strategy, for making trades that correspond to cyclical market trends around the year. Certain events, and thus market movements, [...]
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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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Someone once said that wealth is what you’ve got left even after you’ve lost all your money.
In today’s business terms, wealth is goodwill; the invaluable resource that remains on the books despite what the rest of the balance sheets say. In social media, it is your reputation – or even the “personal brand equity” [...]
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