A fun and anxiety reducing plan to build wealth
The lack of financial education and confidence leads to some really ugly decision making. A Seattle Times article caught my attention "3 better options than cashing out 401(k) when changing jobs" …
Continue Reading about Any option is better than cashing out your 401(k) →
I always looked up to my grandfather when it came to investing. We grew up lower-middle class, with echoes of the depression in the background. My family, for the most part, fled from Nazi Germany …
Continue Reading about Talking about money with your spouse →
A few times in the past week Iâve seen a question I hadnât considered. I am sorta surprised that people even ask the question: How often should I check my portfolio? I guess itâs not the …
Continue Reading about Does your investing strategy empower you or scare you? →
When trying to understand what sort of investment strategy is best, a lot of people stumble across the "common wisdom" of investing in index funds and then ignoring their account. I believe that …
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 …
Continue Reading about Taking Responsibility for Your Success →
Literally. My ass disagrees. I was in the middle of my morning routine, when I noticed. I had reached for a new role of toilet paper, tore off the requisite 4 squares, & folded it just …
You must have heard the big news of the week... Twitter's going public. Want a piece? Why? "It's hot. It should go up." If that's all you know about the company's business, well, you might be …
Continue Reading about Donât Underestimate How Little People Know About Investing →
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 …
Continue Reading about Investing or Gambling? Your Choice. →
Interesting article about dieting that resonates with me as I think about the Elephant's Paycheck and helping people build wealth. You can totally understand the article by reading the first and last …
Continue Reading about Similarities Between Losing Weight & Building Wealth →
Well, a 200 point drop in the stock market doesn't matter to your Elephant. Let's take our sample portfolio. Our sample portfolio started about a year ago with $60,000. Our Elephant's Paycheck was …
Continue Reading about Why A 200 Point Drop in the Stock Market Doesnât Matter →
