Category: behavior
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The scary facts about your money and how it is taxed that you don’t really want to know.
In 1773, the colonists dumped British Tea in to the Boston Harbor because of the taxation that was coming from the British empire. This act by the colonists was one of the first steps to the American Revolution and ultimately American Independence from the monarchy. Fast forward to today. Now who are the ones who…
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How the middle class is getting screwed and 10 things you can do to stop it.
It doesn’t take a math wizard for you to look at your checking account and know that your dollars aren’t going as far as they used to. And the current administration is telling you that things are better economically and you know this just isn’t true. The real problem though is the middle class that…
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Why not taking risks is riskier.
Which one of these is riskier… Do nothing…or Doing something? If you are now one of those people who are overthinking the question and trying to add all kinds of nuances and scenarios to it to answer the question. You are most likely not a risk taker. And when you do take risks you probably…
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5 Reasons why the Meritocracy is the best system.
In a world full of different opportunities based on your upbringing and the things you may or may not have been exposed to. The one thing that never fails and will always seek and find the best of the best, is the meritocracy. What is the meritocracy? Meritocracy is a system or philosophy that advocates…
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Embracing Action: Overcoming Indecisiveness
More is lost by indecision than by wrong decision. The first time I heard this quote was in the season four, episode thirteen of the Sopranos. The name of that episode was Whitecaps. And it is by far one of the top five episodes in the series. And this has nothing to do with this…
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3 mistakes new investors make when buying their first investment property.
We all make mistakes especially when it is the first time we are doing something. These mistakes usually don’t have long term consequences. Well, we hope not at least. Most mistakes can be over come. However, when it comes to investing in real estate if you can prevent these mistakes you will be way better…
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3 things you should never apologize for.
If you haven’t noticed lately you must be living under a rock. Because it is pervasive in our culture right now. And that is people apologizing for things they should not be apologizing for. Look if you have hurt someone or taken advantage of someone. First: You shouldn’t do that. Secondly, if you did, then…
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Demystifying Present Value: Unlocking the Power of Financial Evaluation
Present value, in finance and investment, refers to the concept of determining the current worth of a future sum of money or a series of cash flows, discounted to reflect the time value of money. It is a method used to evaluate the profitability or attractiveness of an investment opportunity. When it comes to real…
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How can I save and invest more money?
Author James Clear in his monumental best selling book, and the one book I highly recommend everyone read at least twice has a lot to say about the 1% rule. The 1 Percent Rule states that over time the majority of the rewards in a given field will accumulate to the people, teams, and organizations…
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Why you will Never be able to Save yourself in to wealth.
One of the old adages I have heard a million times is this exact phrase. You can’t save yourself in to being wealthy. Translation: You can’t only save money and expect to accumulate wealth. It is impossible. The money you made yesterday is worth less than it is today. And it will be worth less…