When I first learned chess as a young child, I was never able to beat my father who had taught me the game. I just thought I sucked and would never be good. How does this relate to wealth? Contrary …
Do the wealthy have access to special investments?
When I was younger I had always heard that it takes money to make money. But is that really true? Let's explore. Start with the knowledge that a low-cost (low-risk) index fund beats about 80% of …
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3 Types of Income
United States debt clock is at over $28 trillion. And that's not even the worst part knowing that U.S. unfunded liabilities are over $162 trillion. That's the money the government knows it will have …
More Millionaire Habits
So I had several emails about the millionaire habits post post from January 19. I just read more on these habits in Dr. Sarah Stanley Fallaw's book The Next Millionaire Next Door (with her late father …
Millionaire Habits
Rich people seem to have a few simple habits in common. You can read all about the latest research in Chris Hogan's Everyday Millionaires: How Ordinary People Built Extraordinary Wealth - and How You …
How to Measure Wealth
Have you ever heard someone say, "Those people are so rich?" Of course you have. I have too. But what does than mean? Can we really "recognize" wealth? Or do we have some misguided notion about the …