Business is not as easy as most people believe, whether it’s a big business trying to survive in its market year by year or a small business just starting out, the success rate is not high. Big business must grow its top line sales and its bottom line profit just to stay in business as […]
Businesses that Never Fail? 6 Businesses with Low Failure Rates Read More »
School focuses on teaching reading, writing, and arithmetic primarily. How money works is rarely a topic for teaching or discussion. Too many students leave school with no understanding of personal finance, investing, or business and it shows. If a student is lucky they may get a home economics class to learn how to manage a
Escaping the Rat Race: What School Failed to Teach You About Money Read More »
In the United States there is high diversity between different so-called classes of people and their net worth. This is purely based on their finances and how much they have in assets, investments, and cash and not reflecting on how hard they work or how much value they add to the economy. The net worth
Net Worth To Be in America’s Upper, Middle & Lower Class Read More »
Too many people are never educated about money and how it works. Sadly, many people think that wealth is achieved through inheritance, support of a rich family, luck, greed, or fraud. The school systems around the world train employees not entrepreneurs. Starting your own business, investing, and pursuing financial freedom is seen by most as
Untold Truth About Money: How to Build Wealth From Nothing Read More »
The first things that the middle class must understand about millionaires is that their millionaire status is measured in their net worth not their annual income, and most of them pay their bills through cash flowing assets not a pay check. The majority of millionaires have multiple streams of income and are diversified in their
7 Types of Income Millionaires Have (How the Rich Make Money) Read More »
Minimalists are people that enjoy having the bare minimum of things in their life. They love an easy life that’s focused on doing what they love. They don’t feel like it’s a sacrifice, they hate clutter, wasting time, the upkeep and maintenance on cars, homes, boats, motorcycles etc. They like living spaces that are easy
Minimalist Approach to Personal Finance Read More »
While traders can’t stop feeling emotions because they are human, they can remove acting on their emotions in their trading. Feeling emotions and letting them influence your entries, exits, and position sizing are two different things. How do traders remove emotions? Many new traders will find the most difficult thing about trading is not the
How To Remove All Emotions From Trading Read More »
Buy and hold investing is the strategy of buying a diversified portfolio of stocks using mutual funds or ETFs and holding them for the long-term. The normal hold time for buy and hold can be from 30 to 40 years. The strategy uses the historical returns for the U.S. stock market as its backtest. The
SPY 200-day Moving Average Strategy (Beats Buy and Hold) Read More »
The United States is one of the richest countries in the history of the world. The median income in the U.S. is $65,700 and the median net worth is $121,700. This is the middle, there is a huge variance both below and above this level. The bottom 20% of earners nationwide make $26,685 a year.[1]
Net Worth and Income of the Top 20%, 10%, 5% & 1% In America (U.S.) Read More »
Do you every wish you could look over the shoulder of legendary investors and see what they are buying during the 2022 market crash? It could give insight into their thoughts about the future. It would be more of a look at their own strategy based on their method and time frame but would be
Top 10 Stocks the Smart Money is Buying During the 2022 Crash Read More »
