I recently sold my house and got some money, which caused me to pause and wonder, “should I get a financial planner?” I used to be a financial planner for several years. Before that, I worked on Wall Street and before that I got an Honors Bachelors Degree in Finance and an MBA in Accounting. I’ve read hundreds of books on investing. So I know a little about the subject. But...
Is it investing or is it tarot card reading?
When the subject of investing comes up for discussion in social circles it’s usually the exciting stuff: day trading, crypto currencies, house flipping and technical analysis (reading charts). It’s the stuff that’s fun to talk about with friends. To trade stories about how you put money into Bitcoin and a week later sold it for double. Or how you found a stock that was about to...
There’s only one Warren Buffett (and it ain’t you)
An excited friend sits down to tell me about this new stock trading platform founded by a Wall Street hot-shot. While working at a Wall Street investment firm this genius created an incredible algorithm that is able to picks stocks. It’s so advanced it can predict when a stock will go up and when it will go down. It was so successful that he left Wall Street and started his own company. Now...
5 common purchases making you poor
The Employee Every Business Owner Needs Now
I give a lot of thought to money. I agree with Jonathan Swift when he said, “A wise man should have money in his head, but not in his heart.” Since I was a teenager, I’ve refined my philosophy about money and its uses. I’ve read all the major books on investment strategy, including all of Warren Buffett’s annual reports from Berkshire Hathaway and books by hedge...