In every situation (where money is involved), there is always a fool in the room. As you can see we’re zeroed in on the fun fight we’re going to watch on Saturday since the quote is derived from Poker: “Look around the poker table; If you can’t see the Sucker, you’re it”. The most important part […]
We’ve been proponents of Dollar cost averaging for over 5-years (long-time followers of the blog will know this) and now we’re going to switch gears and suggest it is better to manage your own book. We’ve seen too many companies get bid up due to participation in specific ETFs/funds etc. that don’t deserve a propped […]
We’ve talked a lot about “trading time for money” and how this is a poor way to get rich. Without being paid on performance metrics at minimum… the path to getting rich is significantly more difficult. The opposite is also true. If you can spend money to buy time it can accelerate your earnings. The […]
We recently received an email that we are paraphrasing for privacy purposes. In essence, a single forty year old man (“John”) has $2M and no interest in having kids. But. He does not believe he is “rich” and continues to work in a career he loathes. The problem? He didn’t take into account an eventual […]
We are going to take an extremely complicated subject and attempt to make it understandable to anyone. We will fail miserably at this given that it’s our first attempt at describing the idea. In this case we’re using the readership as our Guinea Pig so thank you for reading! Essentially, we are going to walk […]
For many people, getting a million or two is enough. In that case, it may not be the least risky option to get “rich” if that is all an individual needs. Once we start putting more parameters or restrictions around what qualifies as rich, you’ll start to get to some startling conclusions. Specifically, we’ll draw […]
