What Does Risk Mean? It’s time again to learn about you, the readers. Awhile ago visitors of this blog were asked which word first comes to mind when they hear the term, “risk.” Here are the results. Thanks to everyone who voted. It appears most readers associate risk with uncertainty or opportunity. I would choose uncertainty as the first thing… Read More »
Mental Contrasting Mental contrasting is a visualization technique to help people get what they want. 🙂 It was developed by Gabriele Oettingen, a psychology professor at New York University. This technique has strong empirical support. 🙂 Over the last decade in studies conducted by Gabriele and other researchers, mental contrasting has been shown to increase attendance and academic performance for low-income… Read More »
Netflix I like to maintain an active lifestyle. So in 2014 I invited the popular online streaming service, Netflix, into my home because I wanted to do a marathon. After all, watching TV burns 70 calories per hour. Then earlier this week I welcomed Netflix (NFLX) into my stock portfolio. 😀 The price of oil is falling, the global economy… Read More »
Dividend Growth Investing There are many ways to learn about financial management. But never take investment advice from strippers. They tend to always lose their shirts. The trick with investing is balancing the risk vs return. Savings accounts are safe but the problem is they don’t grow. I don’t know anyone who became a millionaire by investing in… Read More »
Financial Literacy Around the World Only 1/3rd of the world’s adult population is financially literate according to a report by S&P and the World Bank. The research looked at the response from 150,000 people from 140 different countries in 2014. Subjects were asked to answer a series of questions that measure fundamental personal finance concepts. There were 4 questions… Read More »
Here in my apartment, just got this new Hot Wheels here. It’s given me countless hours of fun and imaginary play time. 🙂 But you know what I like more than materialistic things? Knowledge. In fact, I’m a lot more proud of my library card, which gives me access to tens of thousands of books. It’s like the billionaire Warren Buffett… Read More »