Whether A Person Will Achieve Financial Freedom Or Not Usually Comes Down To This Choice
13th May 2017 . 6 Comments
I Hope Warren Buffett Won’t Do This At This Year’s Berkshire Hathaway Annual Shareholders Meeting
6th May 2017 . 6 Comments
Berkshire Hathaway’s annual meeting is being held today and the most popular section of the meeting is always the question and answer portion. Warren and Charlie field questions for hours covering a wide range of topics. In these sessions, Buffett is often criticized for giving “generic” advice. Indeed, much of his advice smacks of mid-west […]
A Subscriber Asks An Important Question About Holding Cash And Being Nervous About Investing
29th April 2017 . 5 Comments
Subscriber Drew contacted me awhile back with a great suggestion for an article about holding cash and the stock markets. Here’s Drew… Hi Monty, I’m a big fan of your concise and great advice, and I have a selfish suggestion for a column: what to do when you’re nervous about investing in the markets. I’ve […]
Why Some Choose A Lifestyle That They Simply Cannot Afford: 5 Signs That You’re House Poor
22nd April 2017 . 10 Comments
Poll: Who Fails More Often, The Rich Or The Non-Rich? The People On The Street Say It’s The…
15th April 2017 . 3 Comments
“It’s fine to celebrate success, but it is more important to heed the lessons of failure,” Bill Gates said. We tend to shower praise on those who have triumphed. But very rarely do we examine all the times the triumphant have failed, and analyze how they turned their failures into success. Most people have the […]
You Know All Those People Who Told You Not To Be Judgmental? Yeah, They’re Dead Wrong!
8th April 2017 . 4 Comments
Five seagulls are sitting on a dock. One of them decides to fly away. How many seagulls are left? Did you answer four? That’s incorrect. There are still five. Deciding to fly away and ACTUALLY flying away are two very different things. Despite popular belief to the contrary, there is absolutely no power in intention. […]
Feel Like You’re Not Getting Ahead At Work? Here’s The Proof To Show That You’re Right!
1st April 2017 . 7 Comments
If you’ve been feeling that you’re not getting ahead at your job, you’re right. A recent report from the Pew Research Center found that the median income of American households decreased significantly from 1999 to 2014. The research group found that nationwide, the median income of U.S. households in 2014 stood at 8% less than […]
The First Two Types Of Motivation Will Help, But You Need The Third Type To Be Financially Free
25th March 2017 . 13 Comments
The next time you and you’re friends are organizing a lunch or dinner get-together, try observing how they respond to the ever present question of “What are you hungry for?”. Most people will answer in one of two ways, either in the negative or in the positive. For example, some will reply with what they […]
If You’re Not Teaching Your Kids To Become Rich, You’re Teaching Them To Become Poor
18th March 2017 . 7 Comments
Is it any wonder that most people live paycheck to paycheck? That most Americans accumulate more debt than assets? That many Americans lose their homes? Is it any wonder that most Americans cannot afford college for their children and that student loan debt is now the largest type of consumer debt? It shouldn’t be any […]
No, The Problem Is Not That You Don’t Have The Time. Never Has Been. The Problem Is Inside You.
11th March 2017 . 11 Comments
Warren Buffett’s Annual Shareholders Letter. Lessons From The Oracle Of Omaha (Part Two).
4th March 2017 . 7 Comments
And we’re back! Each year, Buffett releases his annual letter to shareholders, capping-off the most important activities and information from the previous year at Berkshire Hathaway. As you might expect, I consider Buffett’s annual letter to be a must-read, not only for shareholders, but for anyone wanting to build wealth and achieve success. You can […]