If you want to grow stronger, it’s important to stay humble. Humbling yourself every month or every year is a good reminder you’ve still got so much to learn. Don’t let your success get to you! Luck is a bigger factor for your wealth than you realize. The more humble you can be, the less […]
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Many of us have dreams of becoming a millionaire or making a million dollars a year. Well, I’d love to become a millionaire again after so many people showed so much doubt about my path to this financial milestone by 30. In 2013, my overall income took a big hit. The glow of a six-figure severance
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Financial distortion can make you think you have a greater net worth than you really do. This articles talks about how to protect your net worth from financial distortion so you can asset allocate better, have a clearer investment thesis, and ultimately make more money in the long run. Back in 2007, I invested in
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As a father of two young kids, I’ve done hours of research understanding the safest cars and SUVs to survive a crash. Nothing is more precious than my children and my spouse. You can be the safest driver on the road and still get into an an accident. As a result, there is no shame
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Snap Inc. finally went public at $17 and was worth around $25 billion after a meteoric 45% rise in its first day of trading. Now the shares are even higher. With ~1,900 employees now liquid since it’s been over 6 months since the IPO, funny money capital will inevitably rain down on the Southern California
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Despite all the benefits of financial independence and early retirement, it’s actually better that not everybody retires early. In every society there are rules to follow and protocols to obey. Retiring before the age of 60 is a violation of such protocols. Some of you may think I’m doing society a service by helping people
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Making money today has never been easier thanks to the internet. Anybody can make a lot of money in the richest country in the world and this post will prove it. I realize despite all my articles showing folks how to save, invest, persevere and flourish, there are still a lot of financial freedom doubters
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For most people, I believe their risk tolerance is an illusion. People consistently overestimate how much money they are willing to lose. Understanding and managing your risk tolerance in investing is crucial for long-term success. If you take too much risk, you might blow yourself up. If you take too little risk, you might not
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One of the key takeaways from my book, How To Engineer Your Layoff, is understanding that the Human Resources department is not on your side. First and foremost, the HR department is there to protect the company from liability. After such protection is made, maybe then HR will help a troubled employee with a problem. My
Sexual Harassment At Uber Reminds Us That HR Is Not Your Friend Read More »
Credit card approval standards are going higher. One reader with a 805 credit score e-mailed me saying he recently got denied for the Barclays Arrival World MasterCard. As part of the FICO Open Score Access initiative, he got his credit score in the mail plus the nice rejection letter. The reason for the rejection was
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