I hope my friend listened to me about NOT TIMING THE DAMN MARKET

Last week, I talked to a friend of mine who's starting to get interested in investing. He's a bit unusual in that he has $80,000 sitting around in a savings account earning 0.5% interest (here's a referral to the better savings account I use)l) and has some slightly wacky ideas about investing. For example: "I don't plan ...

Help me give away $2,000 in scholarships using P2P lending — by this Monday, 6/11

[Update]: Please join these two Facebook groups *today* (Monday, 6/11) in order to help iwillteachyoutoberich readers win two $1,000 scholarships. Details below. Summary of this post: Help me give away $2,000 in scholarships by joining two Facebook groups by this Monday, June 11th. More detail: P2P lending lets you lend and borrow directly from people based on ...

Here, let me just tell you how much you spend

I wrote this post a few months ago and never got around to posting it, so here it is today with some edits. Writing about personal finance is a curse in many ways. It's like being a cardiothoracic surgeon standing in line and watching someone buying a KFC bucket of 14 thighs and legs right in front of you. You ...

My analysis was incomplete (but it was there)

Last week I posted about the financial planner who I thought had a horrible marketing strategy. I made the assumptions and asked people what they thought, and the comments pointed out a bunch of things I had forgotten (note to students: don't be a dumbass like me and forget to include revenues after the first year). A few takeaways for ...

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

I’m doing a live interview Friday (today) — listen in

Quick link: Listen to me being interviewed, live, for an hour starting at 11am Pacific today (Friday, 4/6). I'm being interviewed by Pamela Slim (who was one of my most popular Friday Entrepreneurs interviewees ever) today at 11am Pacific. This will be a live interview and you can stream it online, free. We'll be talking about iwillteachyoutoberich, PBwiki, my ...

The media is atrociously bad at prediction and I’m sick of it

[This is part of the IWillTeachYouToBeRich Week of Discontent.] I'm so sick and tired of financial and business magazines that I could vomit. It's absurd to see yet another "10 Stocks You Must Buy in 2007!" issue of a magazine. I just point, laugh, and walk by whenever I see these. This is a little ironic considering I was featured ...