20 Finance Laws to Live By
Ritholtz Wealth Management's Ben Carlson has talked about the “20 most important personal finance laws to live by” in Fortune before. Today, I want to share Ben's rules and my take on each topic.
Establish a Healthy Relationship with Money
There are two types of people in this world: cheap f***s (CFs)—people who spend a little—and high rollers—people who spend a lot.
The Killer Instinct Separates Winners from Losers
I have had about 10–12 interns over the years, and I have taught a lot of college students, and occasionally I have smart interns or smart college students, but the one thing that absolutely cannot be taught is the killer instinct. You either have it or you don’t. You either have the insatiable desire to succeed or you don’t.
Use This Strategy to “De-Risk” Your Portfolio
When most people buy stocks, they find cheap ones and wonder why their trades don't work.
Your Top-Down Approach to Investing for Long-Term Success
The stock market is no place for amateurs.
This Number Dictates How Much You Can Save
The other night, my wife and I went out for dinner. When it came time to order dessert, I couldn’t help but think, “Is it really worth shelling out $13 for a piece of cake when we have other expenses, like building a big house?”