Why do we do what we do? It’s a great question. And it’s a question that psychologist Ellen Langer and her research team at Harvard University set out to answer in 1977. Their study would change our understanding of human behavior and shed light on what drives us. It all started when Langer asked her […]
Since you’re reading this blog, I’m assuming that you have a list of major life goals that you want to accomplish. You do right? Wonderful. While that’s a great start, what about the flip side of that coin? Have you considered learning to avoid the things that are not important? You know, the worthless distractions […]
Hello darkness, my old friend I’ve come to talk with you again Because a vision softly creeping Left its seeds while I was sleeping And the vision that was planted in my brain Still remains within the sound of silence In restless dreams I walked alone Narrow streets of cobblestone ‘Neath the halo of a […]
Financial wisdom doesn’t come naturally to the mind, it’s learned. Most people who have achieved success with money received help along the way. Maybe they absorbed the knowledge from a parent or grandparent. Or perhaps they pursued it on their own by reading personal finance books and by copying the success habits of others. That’s what […]
The vast majority of Americans believe that the economy is rigged against them. Seventy-one percent think the U.S. economic system is “rigged in favor of certain groups,” according to a new poll by Marketplace and Edison Research. The poll asked one simple question: “Which of the following comes closer to your opinion of the economic […]
Over 50 million U.S. households – almost one in two – own mutual funds today. The U.S. mutual fund market, with over $10 trillion in assets under management, remains the largest in the world, accounting for nearly half of the mutual fund assets worldwide. Investments into mutual funds have poured in at a staggering pace over the […]
Have you noticed something different about this blog when compared to other wealth-building blogs? Something that’s missing perhaps? The something that’s missing, is that there’s nothing for sale on this blog. Never has been. There’s also nothing for sale that will be sent to you if you decide to subscribe to the newsletter. Never has been. […]
The cracker jack team of IT professionals here at the blog’s worldwide headquarters tell me that some of my most popular posts have to do with Berkshire Hathaway. I like to think that these posts are so popular because of my seductive writing style. But my team seems to take pleasure in informing me that […]
Want to know what Warren Buffett was doing when he was the age of most millennials today? Did he achieve his stated of goal of becoming a millionaire by age 30? What were the key turning points along the way in building his massive wealth empire? What I always find interesting in looking at Buffett’s history, […]
You’re ready. It’s a new year and it’s time to get serious about wealth. On your short list of goals is to finally break the million dollar mark! Forget all the non-sense about the winning the lottery as your way to wealth. Here’s a quick infographic describing what it really takes to make your very […]
Have you ever opened-up the business section of a newspaper or listened to the nightly business news and wondered – what the heck are they talking about? The world of Wall Street certainly has it’s own language and that language is full of vague phrases, jargon and acronyms that can bewilder even the most seasoned wealth builder. […]