How do we Define Wealth?
What exactly is wealth? Its one of those words that has no clear definition. We generally think of wealthy people as being lavished by riches beyond comprehension. An abundance of valuable material possessions in great excess generally comes to mind. It is not clear whether wealth refers to the value of ones net worth, or [...]
Investing in the Stock Market for Beginners
The stock market can be an exciting yet intimidating place to invest. For the rookie investor, summoning the courage to dangle your hard-earned money on the open market may prove overwhelming. It seems like for every stock market success story, there is an equally large failure in which somebody “lost it all.” Maybe you are [...]
Avoid the Financial Trap - The Key to Wealth
We’ve all heard it before: start saving early in life for retirement. Although its easier said than done, we must learn how to dicsipline our spending from an early age. Every dollar we spend today is really costing way more down the road. Similarly, every dollar we spend now means we have much less to [...]
Asset or Liability - Know the Difference
I’ve often noticed how some people incorrectly use the word “invest.” The real word they were looking for was “purchase.” Nobody has ever invested in a new pair of shoes - no matter how good the sale was :-) Yet, I’ve heard that line far too many times. What is a true investment? How do [...]
