Ever since I can remember, I have been fascinated with money. I’ve studied how people build wealth and what they do in order to keep it. Looking back, the most valuable lessons I have learned about building wealth didn’t come from courses in economic theory from my days in college. Nor did they come from […]
A couple of weeks ago, Warren Buffett wrote an op-ed piece in the Wall Street Journal suggesting an option other than raising the minimum wage, to close the income inequality gap – the gap between the wealthiest and the poorest Americans. On today’s episode of the Monty Campbell Show, I am going to discuss two […]
The Roman Stoic philosopher Seneca tells a story about Alexander the Great: A country that Alexander planned to conquer offered him part of the territory as a concession. Alexander replied by saying he hadn’t come all the way to Asia to accept what they were willing to give up. Rather, came word from Alexander, they […]
Why is it that people don’t become wealthy? In a country like ours, with the opportunities that we have, why is it that so few people retire financially independent? Achieving wealth is not a complicated process, but it’s not easy either. What is required are a few vital steps. In this infographic, I provide the […]
I launched this blog a little over a year ago and the response has been incredible, to say the least! Given the sobering statistics about personal finance and also the plethora of silly get-rich-quick schemes out there, I knew that there was a need for a common sense approach to wealth building. As the readership of […]
Everyone waited solemnly as the law firm representatives slowly opened the safety deposit box. Nobody expected it to contain much. After all, he was just a part-time janitor for most of his working career. And according to Salary.com, the average salary for a janitor is $26,000. A honest pay for honest work for sure, but […]
If you study Warren Buffett’s style of investing for any amount of time, you will inevitably come across his two rules of investing: #1. Never lose money and #2. Never forget rule #1. I remember my initial thoughts on reading these rules for the first time – I thought, this can’t be right. My studies of […]
Warren Buffett recently released his 2014 letter to shareholders of Berkshire Hathaway. For the first time, he included the historical stock price in his annual letter, which has increased by, hold your breath, 1,826,163% in the last 50 years! The 2014 letter is special not just because it marked the completion of 50 years of Buffett […]
Why is it that most people don’t become wealthy? With all the opportunities that are available, why is it that so few people retire financially independent… and yet some do find the way? In this newest infographic, here are what I consider to be the five most critical reasons why most people are not rich. […]
Did you know that Albert Einstein once tried to take up golf but quit because he found it too complicated? Seems a little odd doesn’t it, given that he’s the father of modern physics! Here’s the story: In the late 1930’s, Einstein was urged to take up golf by Dr. Abraham Flexner, the founder and […]
