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A fair question

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Charlie Munger is famous in the invest­ing world. He’s a plain-spo­ken mas­ter of what should be the obvi­ous, typ­i­fied by the fol­low­ing response to a request for invest­ment advice: Seems sim­ple. In fact it is, and it’s pow­er­ful advice. There’s real­ly no secret to get­ting start­ed invest­ing when tak­ing this advice. Which begs the ques­tion… […]

The Elephant in the Room has a Paycheck cover

The Elephant in the Room has a Paycheck by David Bressler (New York City: Infinite Probabilities, 2016)

A fun and social­ly con­scious plan to get you start­ed invest­ing. Written by yours tru­ly! Yeah, this is my book.

During the edit­ing process, I read my book over and over. There were times when I was feel­ing down about the pub­lish­ing process — whether how long it was tak­ing, or how dif­fi­cult some of the stages were. I’d read my book and be inspired.

I believe I’ve told a unique sto­ry that will help peo­ple who are not friends with num­bers get start­ed invest­ing. Technology is mak­ing it eas­i­er than ever to get start­ed, but peo­ple still need a sto­ry to hook their inter­est. Here it is.

It’s a quick read, shouldn’t take more than a cou­ple or a few hours. But be pre­pared to re-read it, espe­cial­ly Part Four where I out­line spe­cif­ic action­able steps to get start­ed.

I’m also work­ing on a free email course to take that sec­tion even fur­ther for peo­ple who start invest­ing mod­est­ly with the pur­pose of learn­ing more about invest­ing. Subscribe if you’d like to be noti­fied when it’s avail­able.

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What are Dividends?

Dividends are awesome. Pick the right company, and they go in one direction - UP! Dividends have been rising faster than earnings, and that's a great opportunity for long-term investors

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40% of total stock returns come from div­i­dends, but what are div­i­dends? From Part 2 of my book: When you pur­chase shares in a com­pa­ny, you become a par­tial own­er of that com­pa­ny. When buy­ing shares on a stock mar­ket through a bro­ker­age, you’re buy­ing shares of a pub­lic com­pa­ny – a com­pa­ny that has […]

What are Dividends?
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Stockpile Review

I am in love. The most fun way to invest in the stock market is dividend reinvesting. Stockpile makes dividend reinvesting as simple as it is fun.

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I can’t even con­tain how excit­ed Stockpile makes me. I have such a pas­sion for invest­ing by rein­vest­ing div­i­dends and hav­ing mon­ey make mon­ey. These guys seem to have thought of every­thing, and invest­ing is as easy as it can be. You can get start­ed with as lit­tle as $1. (Whether it makes sense to […]

My first Stockpile gift card; I felt I had to use the product before I could write my Stockpile Review
30 Lessons for Living

30 Lessons for Living: Tried and True Advice from the Wisest Americans by Deckle Edge (2012)

I love lis­ten­ing to old­er people’s per­spec­tive on life.

There’s a good quote from this book, it talks about how impor­tant it is to con­nect with oth­er peo­ple. I couldn’t agree more, as it’s some­thing I learned too late in life. In fact, help­ing my chil­dren be more con­nect­ed with oth­ers is one of my top par­ent­ing pri­or­i­ties.

Read this book when you have time to chew on it.

“Stocks, Reinvesting & Diversifying w/Marco Schwartz”

Sorry, listening to the audio on this website requires Flash support in your browser. You can try playing the MP3 file directly by clicking here.

Mastermind.fm
11/8/16

I’m enjoy­ing mastermind.fm and have recent­ly sub­scribed to fol­low their pod­cast.

This episode is chock-full of moti­va­tion! A great dis­cus­sion on buy­ing com­pa­nies who increase their div­i­dend pay­ments, as well as oth­er ways to invest for pas­sive income like peer-to-peer lend­ing and affil­i­ate mar­ket­ing.

Their dis­cus­sion about why to invest and how to get start­ed with div­i­dend invest­ing is in align­ment with the Elephant’s Paycheck Blueprint. I was pret­ty sur­prised to hear the inter­view­er talk about how hes­i­tant he was to get start­ed, and how lit­tle he knew. Marco real­ly helps the lis­ten­er under­stand the impor­tance of build­ing a dis­ci­pline of invest­ing just the same way one builds their own free­lance busi­ness.

Their con­sen­sus: no mat­ter how tal­ent­ed you are, no mat­ter how bril­liant — you must have inter­per­son­al skills to suc­ceed. Many young peo­ple today are so focused on gain­ing tech­ni­cal exper­tise that they lose sight of this key to job suc­cess: traits like empa­thy, con­sid­er­a­tion, lis­ten­ing skills, and the abil­i­ty to resolve con­flicts are fun­da­men­tals in the work­place.

30 Lessons for Living: Tried and True Advice from the Wisest Americans
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How to buy a stock

Especially if you just have a little money to get started

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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 […]