If you want to get rich, you might as well see how high net worth individuals invest. Specifically, it’s good to see the asset allocation breakdown of the very rich. Then, you can follow what rich people do with their money to boost your chances of getting rich as well. In a previous post we learned that the […]
How High Net Worth Individuals Invest: Their Asset Allocation Breakdown Read More »
The best way to get rich is to turn funny money into real assets. By turning funny money gains into real assets, you increase your chances of holding onto your gains. But what is funny money? Funny money is money that is built upon far out assumptions that may never come true. Funny money is
The Best Way To Get Rich: Turn Funny Money Into Real Assets Read More »
When everybody is getting rich but you, investing FOMO takes over! Investing FOMO is the hardest type of FOMO to conquer. If you let it get to you, you could end up losing a lot of money due to improper risk management. FOMO stands for Fear Of Missing Out. The term is usually reserved for
Investing FOMO Is The Hardest Type Of FOMO To Overcome Read More »
Unbelievably, the S&P 500 and the NASDAQ are at all-time highs in the middle of a pandemic. The billionaires have gotten super rich while millions of Americans are out of work. Here is a bull market checklist to living your best life today. If you are an investor, your net worth is likely near or
The Bull Market Checklist To Living Your Best Life Today Read More »
Are you wondering why invest in certificates of deposit if rates are so low? Funny you should wonder because CD rates rose significantly since the 2020 lows. In 2023, both CD rates and Treasury bond yields reached their highest levels since 2007. By Q3 2024, the Fed finally started to cut rates after multiple rounds
Why Invest In Certificates of Deposit (CD) When Rates Are So Low Read More »
So you want to be an angel investor. If you are a regular person with no edge and no connections, angel investing is not worth the risk. After 23 years of doing some angel investing, I believe you are much better off investing in an angel fund rather than investing in individual angel investments. This
Just Say NO To Angel Investing, It’s Not Worth The Risk Read More »
Risk tolerance is a funny thing. Most people think they have a higher risk tolerance than they really do. But the reality is, only when you are losing a lot of money do you finally realize what your risk tolerance truly is. I’d like to think that I’d be able to stay the course and
Your Risk Tolerance Is An Illusion: Wait Until You Start Losing Big Money Read More »
When I was 23 I got lucky, very lucky. I went fortune hunting and ended up making a lot of money. A $3,000 investment turned into $155,000 in two months. The stock was VCSY, a Chinese internet company with a homepage consisting of a simple dial pad. I had no idea what the company did
Don’t Stop Fortune Hunting: Money Making Opportunities Are Everywhere Read More »
If you’re looking how to quantify risk tolerance and how to determine the appropriate exposure to stocks, you’ve come to the right place. Financial SEER is a way to quantify your risk tolerance so you can try to make investment returns in a risk-appropriate manner. SEER stands for Samurai Equity Exposure Rule. This post is also for someone
Well, we’ve done it, folks! Despite COVID-19 and tens of millions of Americans unemployed, the NASDAQ and the NASDAQ have successfully completed their V-shaped recovery. At the end of the day, capital, not labor is the best way to build wealth. In this post, I want to go through some key lessons from this most
Capital, Not Labor And Other Takeaways From A V-Shaped Recovery Read More »
