Everyone takes a different road to financial success. Some come to wealth via entrepreneurship. Others get there from investing in real estate or in stocks. Regardless of the different paths taken to wealth, once people achieve financial success they mostly follow the same pattern. Nearly everyone who becomes wealthy takes the same very next step… […]
Charles Earl Boles, also known as Black Bart, was an English-born outlaw noted for the poetic messages he left behind after a couple of his robberies. Often called “Charley” by his friends, he was considered a “gentleman bandit”, with a reputation for style and sophistication. He was one of the most notorious stagecoach robbers to […]
How do you get to be different financially? It begins with thinking different. “Well, yeah!”, some of you may be saying right about now. But here’s the question… If thinking different can make such a positive impact, why don’t more people spend more time doing it? Researchers at Harvard Medical School offer one compelling answer. […]
Got a hypothetical question for you today. Let’s say that you live in proximity to an active volcano. Hey, maybe it’s on a cool island! The problem with island life is that the darn volcano erupts…with all too regularity. Mount Spewsonus rains ash and pours lava about once every 10 years. You and your neighbors […]
If you’re not familiar with value investing, it’s the bottoms-up style of investing used by many of the world’s greatest investors and the very investing method used by the greatest investor of all time – Warren Buffett. In short, the value investor looks to buy shares in quality companies that are selling below their intrinsic […]
That great philosopher Woody Allen famously (and hilariously) said, “For a man to be truly happy all he needs is the love of a good woman…or the love of a bad woman, depending on how much happiness he can withstand.” From my observation, there are a lot of people who cannot withstand happiness. They cannot […]
Is it possible to have too much optimism. In short, no. However, it is possible to have the wrong type of optimism. While negativity and pessimism are mental diseases, blind optimism and “happy talk” optimism lead countless people over financial cliffs. Here’s what I mean… When people who are in financial dire straits come to […]
Recently I was in a store and there was a small child barreling towards the stairs next to me… while simultaneously looking in the other direction. His mother was nearby and quickly uttered that oft-repeated warning to little children – “Watch where you’re going!” Good advice indeed, not only for children but for adults as […]
Thomas Stanley who wrote the book The Millionaire Next Door, explained in his book that the courage to be different is a contributing factor in most millionaire’s successes. “One of the reasons that millionaires are economically successful is that they think differently,” he writes. While no man is an island, those that profit from the […]
