Investing

99% of books on money and investing waste your time. They all share the same core lessons but put it a million different ways. Authenticity is lacking. And the more you read, the more you’ll realize this. That’s why you don’t need to read every book on investing available. You...

Everyone starts out as a beginner at some point. If you're a beginner investor, figuring out how to get started can be overwhelming AND complicated. But it shouldn't be that way. Here's the only long-term investing strategy you need to be a successful investor: It's called dollar-...

By Lance Roberts While often difficult, investing rules can help us maintain our focus and investment discipline in volatile or uncertain markets. This year, such has certainly been the case with surging interest rates, expectations of a recession, and geopolitical conflicts in two countries. In...

I guarantee you're wasting 5-10% of your money every year. Financial freedom isn't about being a great investor, it's about being efficient. Here are the 4 biggest wealth transfers working against your money (and how to minimize them): 1. Investment Loss Look at Warren Buffet’s...

Investing in the stock market can be overwhelming. A common question I get is, “How do I get started?” If I were to forget

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,...

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...

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...

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...

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...

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...

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...

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...

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....

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...