Watch out for trying to build the “perfect” career. Trying to make it perfect may massively sabotage you. You will keep changing and moving around and never settle on a trajectory. Achievement and financial success, for most of us, derive from steady application on a specific trendline. That is to say by developing valuable skills […]
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I’ve written about riding to financial independence on the trailing edge of technology. One area where you can save massively this way is by buying used cell phones. You can usually get last year’s best phone in the universe for about half what it cost new 12 months prior–saving roughly $400 on a high-end phone. […]
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Many of you are likely harvesting credit card points by signing up for new cards with fat ($500-$800) bonuses. Some of the best cards continue to pay about 2 percent cash back in perpetuity. There is a catch, however. After that first year, many cards with the fattest bonuses charge a fee, usually from $50 […]
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You are now shooting like an arrow for Financial Independence. This is a battle, and there will be winners and losers. Let’s take a look at the field. First, The Losers: Credit Card and Consumer Finance Companies. This one is obvious. The first order of financial business is always to pay off any high-interest loans. […]
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What You Might Be Doing Wrong 1. You are searching for the “perfect” career. This is dangerous. You might keep changing over and over and starting over. Beware the perfect career. 2. You don’t have a theme. Related to the first point, without a theme you won’t build up a fund of skills that are […]
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What Makes a Mighty Investor? Good question. A Few, Simple Qualities Make The Mighty Investor 1. You know that your actions have consequences. That the daily decisions you make from moment to moment cumulatively have a massive impact on your life. That is one of the core beliefs of MightyInvestor.com–we can take cumulative action and […]
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As a full-time investor, there are two publications that I can’t live without, The Wall Street Journal and The Financial Times. The thing is, these papers are expensive. I’ve tried to give each up at various points, but simply can’t. It’s like functioning without oxygen as an investor to not have access to the information […]
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The Mighty Investor Uber-post on money, investing, and career. One Post To Rule Them All. Get Frugal Frugality is a key plank to building wealth and a life where you have more control over your how you spend your days. You’re not cheap, just smart. However, be careful not to slip into a mindset of […]
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If you want to achieve financial independence quickly, you have to be extraordinary. That doesn’t mean you have to be the Katy Perry of music, the Michael Jordan of sports, or the Warren Buffet of investing. Indeed, many people of exceptional talent who earn millions still end up broke. They lack the three key skills. […]
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