I love the idea building wealth. But what has always turned me on about investing is that the money I've set aside can earn money on its own (without me working). That's the genesis of the Elephant's …
Are You Paying Attention to the Right Financial News?
It's all about the Elephant's Paycheck. The dividend income you receive, and reinvest until you need it. How do you find good information about dividend stocks? The thing is, stable dividend …
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Taking Responsibility for Your Success
Let's say you do spend responsibly and save some of your paycheck towards building wealth. Let's say you take the money you've set aside and invest it in a safe company that aligns to your …
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Tired & Boring Investing
It's the dream: Find a penny stock that your "special insight" leads you to believe that it's undervalued. Buy tons. Watch it go to $10. Sell (pay 40-50% of your gains in taxes) & …
Investing or Gambling? Your Choice.
Buying Microsoft stock is a great example of the kind of investing gambling individual investors should avoid, let me share why. We're afraid to make investing mistakes and lose money. Yet, when I …
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The One Word You’d Never Thought to use to Describe Dividends
Friction. That's right, some dividends have friction. Of course, you a probably wondering if that's a good thing or not! It's good. Let me tell you why. …
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Shocking 401K Statistic
Reading a Money Magazine article on the best moves for millennials to build wealth, I came across this shocking statistic about how the 25-34 year old age group treats their 401K's when they switch …
How to Get a Big Pay Raise Every Year
Growth is an important part of investing, right? Do better this year than last year. Better next year than this year. At work, you think in terms of a big pay raise to measure doing better year over …
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No Translation Necessary
Read any retirement planning guide, and at some point they'll talk about converting a "pile of money" into a retirement income (often referred to as a 'withdrawal rate' or 'the 4% rule'). This need to …
Dividend Reinvestments: An IRS Blindspot
The Elephant’s Paycheck investment strategy for 401K rollovers is simple to understand. Invest in dividend aristocrats and allow dividend reinvestments to amplify your rewards. What are dividend …
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