Rich people play the money game to win

Rich people play the money game to win and poor people play the money to game to not lose, but it’s a spectrum. I recently read The Millionaire Fastlane when I ran across this principle, but what I realized is that there is actually a middle ground. It’s for those that are in the gettingContinue reading “Rich people play the money game to win”

What’s Your Investment Gauge?

I was reading the White Coat investor’s blog the other day and he had written something that was very profound and it was a good gauge to test what level of investor you are. Here is the quote below “I have often said that beginning investors have trouble following their plan at market lows, intermediateContinue reading “What’s Your Investment Gauge?”

Investing 101 for the buy and hold investor

Sometimes it’s hard to do what’s important and what matters as it pertains to investing. It’s not the return on your investments that ultimately matter, but its if you’re able to stay the course in order to get that long term compounding interest that will double and even quadruple your investments every 10 years orContinue reading “Investing 101 for the buy and hold investor”

How to Avoid Speculative Investing

I recently wrote about having a reasonable investing plan and how important it is to have one, but It’s even more important to have an investment plan during times of market volatility than in bull markets. If not you may be investing speculatively and be unaware of it. Benjamin Graham once said The greatest dangerContinue reading “How to Avoid Speculative Investing”