How Do You Feel About Money?
One of the common misconceptions about money is that you need a lot of it to be happy. But if your basic needs are met and you don’t have any debt or risk, you can live paycheck to paycheck and be perfectly content.
A Matter of Perspective
Things are pretty good right now. But I think most experienced market practitioners know that pain could be just around the corner.
How Much Pain Can You Take?
The market is not going to go straight up and to the right. You will experience drawdowns. Prepare accordingly.
Dave Ramsey and the One-Size-Fits-All Solution
Usually, when I rank on Dave Ramsey, I get back the following: “Well, he has helped a lot of people, hasn’t he?”
The Coffee Debate: Urine for a Big Surprise
Common financial advice from Suze Orman and other “experts,” like avoiding daily coffee, is wrong. Focus on big financial decisions, not the little things that just don’t matter.