by | | Behavior, Featured, Insights, Lifestyle, Planning
To “live within your means” simply means to spend less on your lifestyle than you generate in earnings. Your “means” is your income. To live within that threshold, spend less than you earn. Of course, this is clearly easier said than done, given that the majority...
by | | Featured, Insights, Investing
Peter Bernstein, a legend of investing thought leadership, who wrote one of my favorite books “Against the Gods: The Remakable story of Risk” can be seen in this 13 minute video discussing risk. If you watch and listen carefully you will become educated...
by | | Education, Featured, Investing, Lifestyle
The title above is a portion of a quote from Josh Brown, of the site “Refomed Broker”. The full quote is “These products are created by foxes, sold by wolves, and bought by sheep.” He was talking about a listing of very-bad-for-you financial...
by | | Behavior, Featured, Insights
A recent research paper published by Cornell University, examines the real world inconsistency between how wealth and success are accrued to the top 20% of society while talent and competence exhibit a normal distribution, the ‘Gaussian’ bell...
by | | Featured, Planning
Organization = Clarity and Understanding One of the most daunting elements of embarking on a financial plan is the reality that you need to be organized in how you store and access your information as well as organized in your mind. In other words you need...
