Category Archives for "Investing"
A Mighty Investor is not just someone who owns stocks, index funds, or other financial assets. Yes, we love investing in financial assets and building a giant financial buffer. But a Mighty Investor is much more than that. Don’t have any money? Here’s where to start investing. How’s your health? Invest in it. Seriously. Go […]
continue reading....Here is my best advice to you about when to begin investing. Start investing now.* As soon as possible. I mean like in your teens. If you are no longer that young, that’s ok; just get started wherever you are. Start with a small amount, but something that is meaningful to you. You could invest […]
continue reading....Here’s a tip I’ve been using since 2010. If you prefer a Roth IRA to a traditional IRA but have too high an income to be able to contribute to a Roth, you can contribute to a traditional IRA (taking no tax deduction if you make too much to qualify for the deduction) and then […]
continue reading....Warren Buffet, arguably the greatest financial investor of the mid-to-late twentieth century, made billions. But did you know that he destroyed is marriage and created an estranged relationship with his children in the process? Buffet has freely admitted that his monomaniacal focus on investing and piling up money badly damaged his family life. Mighty Investor […]
continue reading....When you graduate from college, if you secure a job and have the intention of staying in the same area for at least five years, I suggest you attempt to get your foot in the door on the home equity ladder as soon as possible. If you think you will move fairly soon, focus instead […]
continue reading....Are you the Babe Ruth of investing? The media lionize certain value investors, speculators, and hedge fund managers–just like star athletes. The difference is that we usually recognize we can’t hit a baseball like Babe Ruth while oddly thinking we can
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