Posts tagged as:

rich

Is It Wrong To Make Money While Others Suffer?

August 27, 2010 · 7 comments

in behavioral finance, cashflow, charity, decisions, low-income, money decisions, networth, philanthropy, poverty, psychology, rags to riches, wealthbuilding

How often do you stop and think about your investment portfolio and then feel gluttonous or greedy once you turn to read the latest article on the earthquake in Central America or the floods in Pakistan?  How about if you’re checking your stocks on the iPhone and then you walk past someone sitting on the [...]

-

{ Comments on this entry are closed }

How Many Stocks Is Enough to Be Diversified?

June 13, 2010 · 10 comments

in diversification, investing, money management, portfolio, risk, stocks, wealth protection, wealthbuilding

Is diversification dead?  It largely failed us in the 2008-2009 financial crisis, but if you held on for the long haul it did breathe life back into your portfolio on the way back up. 
A perennial question is how much diversification is enough?  If you’re invested in mutual funds and ETFs, these are by definition already [...]

-

{ Comments on this entry are closed }

If You Want To Feel Rich, Count the Things You Have That Money Can’t Buy

May 14, 2009 · 14 comments

in happiness, moneyenergy, psychology, success, wealth

This post is inspired by a tweet that @libertygirl3 made last night on Twitter.  She said “If you want to feel rich, count the things you have that money can’t buy.”
Immediately I was struck by the simple truth of this statement. This time, it didn’t hit me as a cliche or adage at all.  This [...]

-

{ Comments on this entry are closed }