Category

Blog
Call their ways stodgy, old-fashioned, uninspired – what have you – but there’s no denying the effectiveness of the investment strategy of the wealthy. It’s why they’re wealthy. And, as long as the middle class and the poor keep thinking that the wealthy are rich because they were lucky or born into it, then they’ll...
Read More
You don’t have to look far to find headlines on the internet of lottery winners who win millions but end up as broke as they were before they won the lottery. “An Unlucky 13 Lottery Winners Who Lost Their Millions.” –moneywise.com “From Rags To Riches To Rags Again: 21 Lottery Winners Who Lost Everything.” –pennyhoarder.com So when...
Read More
Investors tend to go from one bad situation to another. Take, for instance, Wall Street, which has been riding high since the more than a 30% plunge it took last March following the early days of the pandemic and lockdowns. And after fully recovering in August from all of those initial losses, the Dow has...
Read More
When it comes to identifying a market or markets for investing real estate dollars, key decision-makers tend to box themselves in – either focusing too much on the macro market or losing the forest for the trees by paying too much attention to the micro-market. Real estate investors who cling exclusively to a macro view...
Read More
The pandemic transformed American society in ways few anticipated when it first hit U.S. shores early last year. Nationwide lockdowns immediately impacted businesses, workplaces, and schools – isolating many from their families, co-workers, and classmates. One of the biggest transformations occurred in the workplace as millions of employees began telecommuting. The Zoom app took off...
Read More
Forget what your parents taught you about money. With an emphasis only on saving, saving, saving, all your parents prepared you for was a rainy day. They didn’t prepare you for financial independence. What’s more empowering? Having a reserve for hard times or not ever having to worry about hard times ever again? There is...
Read More
Think of wealth as a machine. Whatever you put into the machine will determine what you get out of it. Good inputs will result in positive outputs. Bad inputs will result in negative outputs or, worse, a breakdown of the machine. Unfortunately for many Americans, they don’t understand how the wealth machine works – constantly filling...
Read More
How do you lose $20 billion in two days? That’s a question that initially baffled the public when they first learned of Bill Hwang, a veteran stock trader and hedge fund manager. Hwang ran Archegos Capital Management LP, a family capital management firm that was investing $10 billion of its own money. You’re asking yourself...
Read More
Private investments used to have the reputation of only being available to the rich and connected with deals taking place in hallowed halls and high towers inaccessible to the general public. ​​This was because these opportunities were prohibited from being advertised. So unless you knew the right people, ran in the right circles, or had...
Read More
The rich and the poor treat money very differently. For the rich, money works for them, while for the poor, they work for the money. This attitude towards money spills over into everything, including investing. Are you still investing like you are broke? You are thinking to yourself, “How can you invest if you are...
Read More
1 2 3 9