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) & …
Search Results for: raise
No Inflation? My Ass!
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 …
Social Security Benefit Increases Suck
Forget the argument of whether or not Social Security will be available when you retire. Forget your concerns about the amount of your social security payments, or when to start taking Social …
Continue Reading about Social Security Benefit Increases Suck →
Don’t Underestimate How Little People Know About Investing
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 Don’t Underestimate How Little People Know About Investing →
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 …
Continue Reading about Investing or Gambling? Your Choice. →
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. …
Continue Reading about The One Word You’d Never Thought to use to Describe Dividends →
Similarities Between Losing Weight & Building Wealth
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 →
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 …
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 …
What’s Your Number?
There's power in focus. If you're familiar with the activity band "craze", the Nike Fuelband (shown above) takes a different approach to "wearable fitness monitoring" technology than most of their …