CATEGORY
I was on my podcast partner’s other podcast… this is the result!!! ABOUT THE EPISODE In real estate investing, lack of financial literacy is deadly. Investors who don’t have a fundamental understanding of basic financial concepts like risk tolerance and return expectations are destined to make costly mistakes… or worse, to go bankrupt! But it’s …
I’m reading David Brook’s “Second Mountain.” We spend the majority of our lives – we get out of school, we build a career, we save and invest – climbing the first mountain with the goals that our culture endorses. We seek success and personal happiness. We get to the top of the first mountain, as …
Featured Articles: Good Writing From Around The Web The World is Awful. The World is Much Better. The World Can Be Much Better. Hold these three true thoughts in your mind at the same time –without suffering cognitive dissonance or stimulating an outright conniption. Incentives: The Most Powerful Force In The World If …
Featured Articles: Good Writing From Around The Web Historical Roots of Economic Disparities for African-Americans A critical prerequisite for financial success is trusting the system. Racism and systemic racism have reasonably reduced trust. This is one reason Mindful Money is focused on reducing the racial wealth gap. Your Explanations Are Not True Always …
Featured Articles: Good Writing From Around The Web The World Really Is Getting Better Things get better. Not every year. Not always visibly. Never enough to overcome the adage, “Bad news is good copy”… just ploddingly and inexorably better. Does Mindfulness Get in the Way of Making Amends? Western culture took Mindfulness as …
Today, I want to lay down a marker. THIS IS WHEN YOU BUY! The great companies of the US and the World are on sale. That sale may (or may not) get better. If it does get better, it won’t get that much better. There will be some point in the not-too-distant future where we …
You’ve heard me say it over and over… and over and over… and over and over again. Creating a retirement income that rises to match your rising cost of living and lasts the rest of your life, while at the same time creating a legacy that potentially lasts across generations, is possible – even for …
Featured Articles: Good Writing From Around The Web Five Lessons from History Every single one of these is spot on… #3 and #4 are my personal favorites. What are yours? How to Avoid the Envy Trap Here are 6 practical tools to help you avoid comparing yourself to others. I would start with …
We know – vividly – what has already happened. We can never know what will come next. The humble recognition of this truth should be the foundation of any long-term investment philosophy. The question is, “Given that we cannot know what comes next, how should we invest?” From a micro level, when a company knows …
Page [tcb_pagination_current_page] of [tcb_pagination_total_pages]