I think the simple step of how to buy a stock can be a bit overwhelming if you’ve never done it before. New companies are trying to make it easier to get started using technology to make the purchase more approachable. Stockpile is simply one of the best way to get started building wealth because you can buy shares […]
At times, I struggled as I was writing my book. I had one friend who shared the early release on Reddit, where it got creamed. I mean, seriously if you have nothing nice to say, don’t say it… but that’s a topic for another time. Nice or not, it did cause me to think about what I […]
As a parent of two small kids and someone who’s always equated money with freedom, I want to make sure I teach my children solid money values. Joline’s book is great for helping parents understand what children of a given age can comprehend about money and how to build a foundation for solid financial values.
I keep this book handy, and consult it regularly. In fact, I even used it for inspiration on my own book’s layout.
Have you read this book? If you have, let me know what you think in the comments.
It’s incredible how uninformed people are about their own finances. This article on the cost of British mutual funds is a little scary: The underlying problem, at least when it comes to retail clients, is that fund managers do not compete on price at all. Part of this is due to many investors’ ignorance. Remarkably, more than […]
Bob Moesta is a guy I follow because he really understands consumers and how they make decisions about the products they use (or don’t). 1/2 Too much choice drives non-consumption. Anxiety of being wrong or too much to learn to make a decision. — Bob Moesta (@bmoesta) October 20, 2016 As I was doing research for […]
Want to track your portfolio with the list amount of effort? Setup a Google Sheet with the information you want (here’s the landing page for the template we use for the Elephant’s Paycheck, you can save a copy and edit it for your own needs). The reason I use Google Sheets is because it makes it easy […]
From my own experience, earning money is only part of the battle. Not spending what you earn, and turning it into sustainable wealth is the other part. Possibly the harder part. In my book, I talk about my own journey. Having earned a lot before I was 30, I had to learn “what next?”. Without being driven by […]
I worked with an incredible team in Montreal, and know I have readers and owners of my book in Canada. This post is for you, though I can’t take any original writing credit on this one. Start with an overview of what it’s like holding US companies in a Canadian portfolio. Canadian companies that deliver investors annual dividend […]
I saw the following tweet and related to James’ sentiment: “It pays a good dividend” might be the most common, and least informed argument for keeping any individual stock. — James Osborne, CFP® (@BasonAsset) September 26, 2016 I love dividends, but “paying a good one” is an awful argument for buying or keeping an investment. Other contenders […]
The ‘they’ I’m referring to in the title is not your advisor, but rather the whole industry at large. We hear that mutual funds are better. Mutual funds help individuals to diversify. We hear that individual investors shouldn’t be investing in individual stocks. The thing is, that may be true, in part. However… So many mutual funds […]