New stock market highs aren’t that special. Here’s why. Some people inaccurately believe that any time the stock market reaches a new high it must mean that we are near a peak, and it’s a sign that stock prices will probably fall soon. Many undisciplined investor may choose to pull out of the market when this happens. However doing so… Read More »
Become Wealthy without a High Income Several years ago I read a book called Millionaire Teacher by Andrew Hallam. The book explains 9 rules that allow someone on a teacher’s salary to become a millionaire by saving and investing. After purchasing the book I was pumped to find out how he did it. After all, if the author… Read More »
For buy and hold investors, some like to actively pick and choose individual assets to buy, while others prefer to invest in the entire market. But which is a better investment strategy? Similar to a cronut, the answer is simple, but may not be obvious. Which Investment Style is Better: Passive or Active? The Cronut is a pastry… Read More »
A survey done a few years ago found that 34% of people rely on winning the lottery as a legitimate retirement plan. 😐 #smh. I’m no financial expert, but when it comes to aggressively planning for one’s retirement, playing the lottery more frequently probably isn’t the best strategy. But of course some people can get very lucky, like Jane Park,… Read More »
Thanks to its constant liquidity – the fact investors will always want to trade it – gold has been at the core of global financial systems for millennia. No war or natural disaster has ever been able to take away gold’s shine. In times of political crisis or economic uncertainty, investors usually turn to gold as their primary… Read More »
Some psychologists believe that you are the average of the 5 people you spend the most time with. Whether this is accurate or not, the truth is we are influenced by everyone around us to some degree. This is why it’s important to surround ourselves with positive and highly productive people. Our environment should work for our success,… Read More »