Successful investors have learned certain rules that help them make consistent profits from their investments. The 10 investing rules I present here will greatly increase your chance of financial success if you follow them. Let’s go through them now. Rule #1: Give Up The Goal Of Making Money! One of the more interesting investing rules is to not… Read more »
Posts By: Michael
Invest Like The Rich: The Two-Part Wealth-Building Formula
You’ve heard the saying, “The rich get richer and the poor get poorer.” This saying is true. It is true because the rich take the time to get an education in money, personal finance, and investing. Because of this education, they think differently about money than the poor or middle class. They do things with… Read more »
How To Become Rich With Long-Term Stock Investing
I came across an interesting article in Forbes Magazine recently called Turning $1,000 Into $42 Million. The article talked about how many years ago Forbes had a columnist named Lucien O. Hooper who recommended quite a few big stock winners over the years. Here are a few examples: Dec 15, 1974: Hooper recommended Royal Dutch Shell…. Read more »
Why Aren’t Millennials Saving Money?
An interesting article came out today in The Atlantic called Why Aren’t Millennials Saving Money? The author, Bouree Lam, states that the biggest impediment to saving money is the high cost of living in cities, which makes saving impossible. Lam cites a The Wall Street Journal report that adults under 35 have a savings rate of -2 percent. Saving… Read more »
Emotions And Investing | Successful Investing
Investor’s Business Daily (www.investors.com) is currently running a series of articles on emotions and investing. Dealing with emotions and money is a very important part of investing success. In fact, their effect plays a major part in how well you do financially. Emotions Are Not Your Friend! Emotions are not your friend when it comes to investing. The primary emotions… Read more »