Red flags to look out for before you invest your money
That’s why a lot of the pitches that are online promote this degree of certainty could be really dangerous and that’s a big red flag.
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Biggest mistakes to avoid when investing
Avoid bad advice. The best financial skills you can have is a [bad advice detector] so that you can see [if a financial advice is bad or not]. Having the sensitivity to information is really critical for new investors. It’s hard if you don’t know what you’re looking for. Morgan Housel, Author of New York […]
Continue ReadingWhy investing early is the key to lifetime wealth
When you want to be truly wealthy, invest early. Warren Buffet started investing at the age of 11. When it comes to investing, time is your best friend. The longer time you have, the more wealth you can accumulate.
Continue ReadingWhy new investors give up too quickly in investing?
I think investing is really close to like planting an oak tree, it takes a long time but the results are going to be magnificent but it’s going to be 50 years; and it throws a lot of people off. By far, the biggest problem for new investors is not understanding how much time is […]
Continue ReadingIs there a “right answer in finance”?
You don’t have to worry about whether you are doing the “right” or “wrong”; if it’s working for you and it’s making you happy then maybe it’s the right thing to do. There’s is no one right answer in finance. Morgan Housel, Author of New York Times bestseller “The Psychology of Money” Post Views: 282
Continue ReadingMere hardwork doesn’t build wealth
It may shock you but mere hardwork doesn’t build wealth. You may spend all your lifetime working but still cannot build the wealth that you most aspire. What build wealth is consistent earning, saving and investing. Warren Buffet has been doing this for 80 years that’s why he is worth a $100 Billion.
Continue ReadingFake Wealth
So much wealth you see in other people is fake. Some people may have all the expensive fancy things but what you may don’t know is they are swimming in the sea of debt.
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