Be the Expert: What would you tell this novice investor?

June 05th, 2012

If there is one thing that drives me crazy, it’s “experts” who make a quick buck off of ignorant people by recommending products that are NOT in their best interest. One of my readers, Matt, recently emailed me for advice about applying the suggestions in my book. He was considering switching his mutual funds to index funds and asked ...

The psychology of buying high and selling low

December 23rd, 2011

It's easy to sit around and lecture people to cut back on spending, pay off debt, and get control of their finances. That's what so many financial advisers and writers do -- yet they never stop to ask themselves why so few of their readers actually follow through. So today, I want to introduce you to Carl Richards, one of ...

The Debt Ceiling

July 25th, 2011

I'm just back from vacation, and my brother reminded me of a line I used to use in one of my talks. I'd joke how the only way your government bonds would become worthless is if the government defaults..."and the government doesn't default, it just prints more money." Always good for a laugh. Yet the situation in Washington is ...

44% of people plan to never invest again

June 06th, 2011

A recent survey shows that 44% of people plan to never invest money in the stock market again. "Prudential, which polled more than 1,000 investors between the ages of 35 and 70 online earlier this year, found that 58% of those surveyed have lost faith in the stock market. Even more alarming, 44% said they plan to never invest ...

My Free Insider's Kit will show you how to earn more money

This guy is going to regret his life in 15 years

May 09th, 2011

Sigh. An email I got recently. Vito writes: "Love your name btw. Just ram it! lol. My investment strategy is non complicated. I invest everything I have in gold and silver. 75% silver and 25% gold. Simple and effective and no need to read any books. It's doing very well. Nobody I know has the slightest clue what's going on. ...

5 fascinating perspectives on money

April 06th, 2011

1. It's Coming: The $5 ATM fee My thoughts: Who cares if you have a checking account that refunds 100% of ATM fees? 2. Awesome tips on dealing with contracts My thoughts: From the article, the commenter writes: "This isn't even a housing thing, this is just a global thing. I don't think I've ever signed an employment contract without ...