In bull markets, like what we’re seeing today, a lot of people feel wealthier. They look at their portfolios and realize they are up say 20-30% and believe they are “way ahead’. Unfortunately, this may or may not be true in terms of their actual wealth. Why? Well wealth is relative to the people around […]
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For some reason the holiday season always causes us to think about major life changing events and significant milestones. There are a few things that change the way you think about life. Most of them involve mental shifts and some simply come out of the blue. If you don’t experience some of them, you’ll never […]
Remembering that everything compounds is a good way to think about life in general. This applies to fitness, work and even your friendships/relationships. The bigger issue isn’t so much the dollars in your account going up and down, but the consistency and habits you develop over several decades (yes decades) as a single year is […]
As you progress through life you’re going to value cash flow as you can’t really spend the money that is locked up in Angel Investments and other high risk ventures (such as private equity deals). This is probably one of the biggest mistakes we made, locking up too much money for longer periods of time […]