The Old West and the Art of the Deal In the dust-filled taverns of the Old West, a steady hand and an unreadable face were the gambler’s stock in trade. Just like at the poker tables back then, today’s investment landscape requires nerves of steel, a strategic mind, and the ability to play the long […]
Simple Interest vs Compound Interest: Understanding the Key Differences
Whether you make an investment towards or take a loan from a financial institution, the interest is the cost incurred on the principal amount gradually. Now you must be wondering – why is simple interest vs compound interest even a topic in the first place. It’s because the interests accumulated on an investment or a […]
Local Investment: 5 Ways to Grow Your Savings in Your Own Backyard
Local investment is all about people putting their hard-earned money back into their own community. A local economy thrives when small businesses hire and spend dollars in the local area, and investing locally is a great way to keep that cycle going strong. Ever since the SEC adopted rules to permit crowdfunding in 2015, the […]
5 Key Advantages of Long Term Investment
The benefits of long term investment are directly correlated with your willingness to pursue greater rewards on a pre-decided amount over time. While this is often done through the stock market, many other types of longer term investments exist, including real estate and business investment. One of the most successful investors of all time, Warren […]
Why the Sequel?
Almost eight years ago I began writing my first endeavor, Customize Wall Street, which was completed and published in late 2014. In the second section of that work, I introduced the topic of ten powerful tools for saving and investing. I explained to readers that all ten of the tools, whether used individually or collectively, […]
A SIMPLE APPROACH THAT CAN BUILD WEALTH FOR ANYONE
I believe there is an approach by which every American who has the desire and motivation to build wealth for the future can do so. Let’s be clear from the beginning: Reaching one’s goal or dream takes time, sometime many years, depending on the dollar amount desired. The other equally important element is some level […]
IS A BALANCED BUDGET NO LONGER IMPORTANT TO OUR GOVERNMENT?
Not too many years ago, many politicians, as well as most candidates for office, both Republicans and Democrats, made a big deal about the excessive increases in our national debt. There was constant emphasis on the importance of balancing the federal budget, and maybe even acquiring a “surplus”. Somehow, in 2019 it no longer seems […]
HOW CAN YOUNG FOLKS FOCUS ON PREPARING FOR FUTURE NEEDS?
As a person raised in a prior century, it’s challenging for me to observe “millennials” raised in today’s digital world with a primary focus on “now”. Their exposure to “new” information and ways of the world arrive primarily through “sound bites” and “bullet points”. It’s not due to any fault of theirs, but most young […]
A FEW WAYS TO REDUCE THE HIGH COST OF A COLLEGE EDUCATION
I am in the middle of completing a series of three books that talk about saving and investing over a period of many years in order to have a secure financial future at the time of retirement. For most young folks, this tropic requires looking far into the future – a future that many cannot […]
HOW CAN YOU REDUCE STRESS WHEN INVESTING IN THE STOCK MARKET?
The stock market has become a regular part of the news cycle. Whether that is because the public wanted it to become so or because the media saw another way to entice audiences is debatable. What is not debatable is that news media and Wall Street firms tend to create huge amounts of anxiety for […]