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 […]
There are a million posts on the difference between being young and old it really boils down to a shift in recovery time along with pain tolerance. When you’re young, you have the ability to recover quickly (just look at physical injuries) however your pain tolerance is lower (not enough repetition). As time goes by, […]
John and Adam walk into their cubicles for the first day of work: “Welcome to Company X! We pride ourselves in client service, diversity, going the extra mile and of course grooming bright up and coming stars like yourself. Last year we grew revenue and net income by X%! You’re joining an elite group of […]
