-
Investing Is Hands Down The GREATEST Wealth Creation Tool On Earth
Friday, September 22, 2023 - 1:01pm | 687Read More...You’ve likely heard how powerful compounding interest is. You’ve also likely heard people who “wished they started investing earlier.” The goal of this article is to clearly articulate just HOW important investing is, how significant of an impact it can have on your wealth,...
-
Disturbing Trend For Real Estate Investors: Homes Sold At A Loss, Numbers Not Seen Since 2016 — But This Booming Alternative Is Open To Anyone
Wednesday, September 13, 2023 - 12:33pm | 1295Read More...The glory days of real estate investors buying and flipping homes for quick profits seem to have hit a roadblock. It appears that investors are now losing on approximately one out of every seven homes they sell. In certain U.S. cities, sky-high house prices and elevated mortgage rates have...
-
Ryan Reynolds Sold His Company For $1.3 Billion; Now He's Investing In Something He Knows Nothing About
Wednesday, September 6, 2023 - 9:00am | 845Read More...Acclaimed Hollywood A-lister Ryan Reynolds has proven himself to be more than just an entertainer, delving into the world of investments with remarkable success. Despite his humble admission of not being an investing wizard, Reynolds has accumulated millions of dollars through well-timed...
-
Millennials Face Record $4 Trillion Debt Crisis — They're Struggling to Build Wealth, Homeownership And Retirement Savings
Thursday, August 24, 2023 - 1:00pm | 998Read More...A Wall Street Journal analysis of Federal Reserve data reveals a concerning financial situation for people ages 30 to 39, which constitute the majority of the millennial generation. The demographic accumulated nearly $4 trillion in debt during the fourth quarter of 2022, reflecting a...
-
Why The 60/40 Portfolio Rule Is NOT For Everyone – The Statistics Might Surprise You
Monday, August 21, 2023 - 12:15pm | 952Read More...Earlier this week I tweeted the following question: Would you retire with $1M in your bank account? — Daniel | The Money Maniac (@RealMoneyManiac) August 14, 2023 The replies were fairly divided (an ambitious bunch!) but one response stuck out to me in particular... One person said no...
-
The Greatest Investors All Do This
Wednesday, August 16, 2023 - 10:11am | 486Read More...Warren Buffett is the greatest investor of all time: • First investment made in 1942 • $121.8 Billion net worth • 5th richest person alive • CEO of Berkshire Hathaway, market cap of $781.45 Billion If you want to get rich, follow his 5 smartest investing principles. Let’s...
-
5 Steps To Reading A 10k Or Financial Report Daily In 30 Minutes Or Less
Thursday, August 10, 2023 - 10:33am | 348Read More...How do you read a 10-k if you only have 30 minutes daily or less? Reading the 10-k or other financial docs remains the #1 way to learn about a business and investing. Below is my method if I lack time. Step 1: Read the biz description. If I don't understand, I throw it in the too-hard pile and...
-
Warren Buffett Transformed His Neighbor's Life Savings Of $67,000 Into $400 Million
Thursday, August 10, 2023 - 9:21am | 677Read More...In 1965, a middle-aged couple in Omaha, Nebraska, faced a common yet challenging predicament: how to effectively plan for retirement. Dorothy and Myer Kripke had diligently saved and received a modest inheritance, placing them well ahead of their peers in terms of retirement planning. By that year...
-
Elon Musk Warns People's Credit Card Debt Is 'Scary' — Americans Now Owe Record-Breaking $1 Trillion To Credit Card Companies
Tuesday, August 8, 2023 - 9:06am | 822Read More...The United States is grappling with a surge in credit card debt, and even the world's wealthiest person Elon Musk has voiced his concerns about the issue. During Tesla Inc.'s second-quarter 2023 financial earnings call, Musk said the current state of credit card debt is genuinely concerning....
-
Do Your Investments Pass the 5.45% Test? Here's How To Avoid Leaving Money On The Table
Tuesday, August 1, 2023 - 10:12am | 746Read More...Imagine you're in a candy shop, and you have just enough money for one sweet treat. The problem? You're torn between a chocolate bar and a bag of gummy bears. That's when the principle of opportunity cost comes into play — if you choose the chocolate bar, you're giving up the...
-
The Return On Hassle Spectrum
Thursday, July 27, 2023 - 2:45pm | 2241Read More...Last week The FI Couple, a real estate investing duo, sent out this tweet highlighting the growth in their rental income since 2018: However, when pressed about how much they make net of costs, they stated that they only take home around $2,600 per month: After seeing this series of...
-
Navigating Initial Public Offerings (IPOs): Why Investors Should Proceed With Caution
Thursday, July 27, 2023 - 12:33pm | 1082Read More...Companies usually start out as ‘privately held’, owned by the company’s founders and other private investors. But there might come a time when the company goes public, via an initial public offering (IPO). A few reasons why a company would consider going public: to raise money,...
-
JF Wealth Suffers Reversal Of Fortune Just Months After IPO
Thursday, July 27, 2023 - 10:41am | 1344Read More...Key Takeaways: The loss warning came after JF Wealth’s earnings were hit by share-based compensation expenses, falling revenue and rising operating costs The company is struggling to maintain its paying user base and is facing rising refund requests By Emily Chan As a company in the...
-
Don't Let Your Portfolio Feel Like A Roller Coaster Ride: Use This Simple Strategy Instead
Wednesday, July 26, 2023 - 2:39pm | 639Read More...Who doesn't love a good roller coaster ride? The highs, the lows, the adrenaline rush — it's a thrill! Now what if I told you that your investment journey could be every bit as wild?! Wait... No takers? Of course not. Most level-headed investors don't want the anxiety-inducing ups...
-
The Ultimate Investment Checklist
Wednesday, July 26, 2023 - 2:17pm | 755Read More...All great investors have unique skills. But they almost always share a common characteristic: Using checklists. If you don’t ask the right questions before investing, you won’t profit from your stock picks. So if you want to go from a mediocre investor to a great one, answer these 50...
















