An enjoyable read with some good life lessons regardless of whether you’ve made it to a million yet or not. This book helps us approach our success with humility as a way to express gratitude for the part of our success that didn’t have anything to do with what we’ve actually done.
Like this quote:
Personalizing successes sets people up for disastrous failure. They begin to treat the success as a personal reflection rather than the result of capitalizing on a good opportunity, being at the right place at the right time or even being just plain lucky.
The high from “being right” the market and making all that money is unbelievable. It cannot be duplicated with drugs. You are totally invincible. You are impervious to all pain. There’s nothing bad in the world.
It reminds me of another of my favorite books (The Four Agreements) that reminds us not to take any of life personally because it’s not personal.
It looks like 2018 will be even better. Which makes sense considering the recently passed tax legislation. Money coming back from overseas is likely to be returned to shareholders as much (or more than) it will be used to create jobs. Companies that increase their dividends are a gift that keeps on giving.
I found this really interesting in ways I can’t quite articulate.
Regardless of what you think about Apple products, Apple the company is worth a look at for your portfolio. Especially your retirement portfolio. Apple has a lot of money in the bank (and the current tax plan favors their returning it to the US) and has been raising it’s dividend yearly for a few years. CEO Tim […]
There are 51 companies which have increased their dividends for 25 or more consecutive years. As you know, I love these companies because I find it valuable to measure the “paycheck” they deliver (through dividends) and the “raise” they deliver through dividend increases (helping to beat inflation AND helping investing be fun). Ben Reynolds over at Sure […]
If the stats in this Wall Street Journal piece are any indication, you won’t. In 2013, nearly half of US Households didn’t even have a retirement savings account. For those that do, the amount saved isn’t nearly enough to fund retirement. Especially as we live longer: And the savings gap is worsening. Fifty-two percent of U.S. […]
I think it’s helpful to invest in a company you know, primarily because when you are interested in your investments you’ll learn more about them. I also believe that you’ll learn more about how the market works, because you’ll be more curious. Have you ever seen a company release good news (or announce good earnings) and […]
Stockpile tweeted a quote from my Stockpile review the other day that got me to ask myself a simple question about investing. I want you to ask yourself this same question, but first the tweet: “I think their low minimums & the diversity of stocks are great, ppl really don’t have an excuse not to invest […]
While mortgages have become more accessible over time, the fundamentals haven’t changed. You put a portion of money down, the rest covered by a loan of either 30 or 15 years. The bank collects taxes and holds them in escrow, paying them for you (to lower their own risk). And, if you put down less […]
Even the phrase “dollar cost averaging” should put most people to sleep. Yet, here it is. Dollar cost averaging is an investing “strategy” that basically says, if you invest the same amount regularly over time, sometimes you buy high and other times lower. Because you’re investing the same amount of money each time, when prices are lower […]