Why Is the Stock Market Still Holding Up So Well
In the effort to take responsibility for our lives, we seek to control whatever we can to help us relieve stress and give us confidence. Unfortunately, it’s all too easy to focus on things we actually cannot control instead of the things that we can. The Martin Luther quote said ...
Why Cash Flow Matters More Than Net Worth
"Rich people use debt to leverage investments and grow cash flows. Poor people use debt to buy things that make rich people richer" - Grant Cardone With so many options to grab attention from my digitally native children such as YouTube, social media and online gaming, it's often difficult to ...
Why Can’t Most Families Hold on to Their Wealth
Key Takeaways ● You’ve worked incredibly hard to build your assets. There’s a 90-percent chance it will all be gone within two generations. ● The vast majority of families treat money as a taboo subject—and that’s where the breakdowns begin. ● Have honest money conversations with your family and make ...
Who Wins – The Monkeys or the Money Managers
Stock Picking Fun and Games Stock and mutual fund-picking contests are a way to test the expertise and various philosophies of different money managers. Or perhaps, they're a way to prove that success in the stock market is truly based on nothing more than luck and speculation ...
Who Wants to Be a Banker
Ask most and they would likely respond that banks make a signficant amount of money. As proof, the U.S. banking industry’s profits reached a record $62 billion during the third quarter of 2018, fueled in large part by the corporate tax cut. Without the tax cut passed by Congress last ...
What Type of Legacy Do You Want To Leave
With Memorial Day comes parades, family barbecues, and the kickoff to the summer season. However, it's important that we never lose sight of the day's significance. Memorial Day is a day of remembering the men and women who died while serving in our country's armed forces. Originally known as Decoration ...
What is Prosperity Economics Anyway
There seems to be no shortage of financial advice, but that has not led to economic success for most. Too many Americans are having trouble saving for their own needs and wants while struggling to pay down debt and keep up with the rising costs of healthcare and college educations ...
What does the tiny house movement mean for my personal finances
For many Americans, perhaps nothing better symbolizes prerecession excess than the McMansion. If you live in a suburb of one of America's major cities, you're most likely familiar with the idea of a McMansion: a sprawling, often architecturally mishmashed home boasting several thousand square feet ...
What did you find in your Easter Eggs
More than the typical Easter Egg Hunt As my kids woke up and came down the stairs with anticipation of another Easter celebration, they came across our dining room table covered with a tablecloth. Underneath were the expectations of all of their favorites such as chocolates and candies ...
