Education
Integrity, Trustworthiness and serving your Best Interest matters
Being a trustworthy person of the highest integrity will serve you well in life. Should you ever consider utilizing the services of a Financial Advisor expect them to always serve your best interest.
Financial Literacy increases your wealth and the Importance of Simplicity
Research has shown that being financially literate can increase your net worth by 30-40%. Don’t let the Perfect (Complexity) be the enemy of the Good (Simplicity).
Money, your life partner and common values
You and your life partner need to be on the same page when it comes to the decision to have combined or separate accounts. Trust, share and communicate.
Understanding Geopolitics and History will make you a better investor
Geopolitics will shrink the pie and understanding history will help you become a better investor
Values and Math gives you the best home decision
There are financial and non-financial considerations when buying a home. This post gives you a few things to consider. Good luck!
It is important to have a conversation with your older self
Having a conversation with your older self will help you make important education and financial decisions.
Knowing what an Employer wants will increase your pay and make you a better employee
Looking for ways to help your employer deliver the best customer experience possible will give you more pay and better opportunities.
The View is Better Outside of the Hole
The view is better outside of the hole. Avoid the debt hole. Know your credit score and how to (and not) use a credit card.
A first hand diary of Benjamin Roth who documented life in Youngstown Ohio during the Great Depression: The Great Depression: A Diary
Reading the actual notes from Benjamin Roth's diary gives a first hand view of how such a difficult period in US history impacted daily life. You feel as if you are living the experiences as you flip each page. This book will boost your sense of gratitude and empathy. As with all books, check out your library first.
A Book elaborating on the University of Texas 2014 Commencement Address given by Admiral William H. McRaven: Make Your Bed, little things that can change your life and maybe the world
This exceptional man, a retired four star Admiral who led the Navy Seals, recounts the 10 principles he learned in Navy Seal training that helped him overcome challenges and adversity. The book is a quick read and the video of the actual Commencement Address will give you goose bumps. Over 10 million viewers have seen the video.
A book: Thinking Fast and Slow, Daniel Kahneman
The 2002 recipient of Noble Prize in Economic Sciences was an early academic pioneer to explain how human brains are wired for Fast (System 1) and Slow (System 2) processing and how these systems impact financial decision making. Kahneman gives you practical ways you can be better armed against the human brain mechanics that can result in poor decision making.
A book: The Geometry of Wealth: How to shape a life of meaning, by Brian Portnoy
Brian Portony, PhD and CFA, is a well respected academic and author in the field of behavioral finance. This is not a get rich quick read. Rather, Portnoy takes you on a journey to think about how money overlays into a joyful life. Portnoy covers off on the difference between Experienced and Reflective happiness which grounds all of us, regardless of our individual financial circumstances.
A Podcast: Rules of the Money Game, The Morgan Housel Podcast
I'm a big fan of Morgan Housel and highly recommend reading his book, The Psychology of Money, as well as bookmarking his Podcast. The link above takes you to his 3rd podcast episode where he discusses his top 30 rules of the money game...good stuff. Enjoy.
A Website and Videos: USA Facts.org
If you are eligible to vote in the US you should do so. How you vote is based on your own values and personal priorities. Future prosperity will be influenced by public policy and how our elected officials vote on a wide range of important issues. Steve Ballmer, has founded a non-profit to consolidate US government data in important areas such federal debt/deficits, immigration, healthcare, etc. You can visit the site or sign up for a weekly newsletter. Just the facts...you make your decision.
Recent Posts
The Haystack has all of the winners that you need
The Haystack has the winners that you need By Bob Peters || August 1, 2024Avoid getting poked by the needle The phrase, finding a needle in a haystack, connotates the near impossibility of finding someone or something. When it comes to investing it may not be quite...
Time: The same investment can be either risky or prudent
The same investment can either be risky or prudent depending on your time horizon. Volatility and expected future returns should align with your short, intermediate and long-term goals.
One man’s discovery of enough wealth
Money, up to a point, can positively impact happiness. How much is enough. This is a story that will help you think about this question.
Embracing a Total Cost of Ownership Mindset will be helpful
Many folks underestimate the total cost of owning an asset after the initial purchase. Whether its a car, a home, or an “experience”, you will be well served to have a total cost of ownership mindset.