Most every person longs to make more money, receive that promotion, or get a raise. Unfortunately, this thinking is what’s holding you back from really opening the floodgate to a bigger paycheck.
When I was in college, I worked at a local grocery store for hourly pay. The money was good and the hours steady. But one day I realized what a mess I’d really gotten myself into. I realized, there was no way I’d ever be rich selling my time.
This is a post I wrote several years ago as advice to my cousin who was graduating high school. Today, I’ll be attending my brother Rees’s graduation from the University of North Texas. As college graduates across the country walk across the stage today, this is the wisdom I would shared with myself this same day eight years ago.
It’s graduation season and boy is it in full swing. Colleges around the country are celebrating their most honored tradition. The football field is green as can be. The smell of freshly cut grass fills the air. The old decorations that make their appearance only once a year are coming out for one more group of new graduates.
The hard work has paid off for these kids, it’s a time of joy and a time of fear as they open a new chapter after graduation and venture out into the world. Everyone is wondering who is going to give the next Steve Jobs worthy commencement speech? Families are gathering and wishing the young graduates well and much success. There’s cake and ice cream, presents, and great food. It’s a magical time for all.
Being able to quickly find good investments is a key skill of an investor. The best investors can sift through the clutter of the market to find 5 to 10 good investments and ignore the rest. But it takes a certain knowledge to be able to do this.
With nearly 19,000 publicly traded companies in the United States, trying to find 10 good investments can be time consuming. Fortunately, there is a simple way to sift through the data. You’ll be able to throw aside 90% of the stocks on the market and focus your attention on finding the best of the best.
There are roughly 19,000 publicly traded companies in the United States of America. With that many companies how is your average investor supposed to find great investment ideas?
In 2014, there were more families that owned cats than stocks. With so many potential companies to invest in, it’s no wonder people are reluctant to start investing in the stock market.
Like many people, I’ve always been intrigued by Warren Buffett. The secret sauce lies in his original Buffett Partnership. They should be the envy of anyone in business.
Anyone can do what Warren Buffett did with the Buffett Partnership and make money. If you want to be rich, just learn the original Buffet formula by looking at his partnerships. There’s nothing unique about them.
Last Monday I put out a survey to my readers asking them one question. Would you prefer learning how to invest, grow a business, or both.
The results are in and the insight is interesting to say the least. There was one thing I learned from the survey that I didn’t expect at all.
Let’s face it, if you’re like most people, you’re likely stuck in a job you hate. Even if you quit your job and start your own business, you could find yourself stuck in a job you hate forever?
Despite finding success in the corporate world, I often found myself longing for a better way. I didn’t hate my job, I just hated things about it. I tried relentlessly to fix those things. After years of trying, I finally realized that the only way to fix a broken system is to destroy it and start over.
I’m passionate about investing and business. Specifically, I love investing in businesses. My career has been spent starting and growing small businesses. My past time has been investing in equities of larger businesses.
In an effort to best serve my readers, I’d like to know what interests you most. I’ve created content for investing in the stock market, start-ups, and your own family office. I’ve also created content about starting a business, leading a team, and maximizing profits.
There was an article in the Wall Street Journal this morning about people getting their investing advice on Twitter. It is an interesting article, but a completely asinine idea for any investor to be getting their investing advice on Twitter. You’ll lose your money if you do.
Talking stocks is always sexy. Even when you don’t know what you’re doing, you can easily sound like the richest guy in the room. Now, this totally crazy past time has made its way to social media and it is going to cost people lots of money.
Low oil prices will create more efficient oil producers and service businesses. The current downturn may be hard for those in the industry now, but a down market drives efficiency.
Prices won’t stay down forever. In fact, there are signs it may come back soon. Storage levels are the only thing really keeping oil prices down right now.
Periodically I post a business idea that I’d love someone to steal. It’s usually something I would personal do if I had the time, talent, or knowledge. But since I don’t, I hope to find someone who does, so I can fund them.
This time, the business idea I’d like to fund is a radio broadcasting or podcasting for syndication.
In a world where we’re always on, doing nothing is sometimes the best thing an investor can do with his time. Many top investors have been known for their almost isolationism. Here’s why doing nothing is good for investing.
I once read an article about Tiger Woods, where he said he doesn’t remember most of his best golf shots. He claims that he is at his best when he can turn his mind off and just let the training take over. His body knows what to do, his mind just gets in the way. The same could be said about investing.
Meerkat might have been the biggest star of this year’s South By South West (SXSW) event in Austin, Texas. Just as quickly as it grew, it began to fizzle when Twitter launched Periscope a few days ago. It doesn’t matter to me, I’m sticking with Meerkat for one simple reason.
Streaming through Twitter is a feature people have wanted for a while. In January, Twitter purchased Periscope to bring the people what they wanted. But Meerkat grabbed the first mover advantage by taking over SXSW.
On Christmas night 1776, General George Washington visionary leadership carried his troops across the Delaware. On the other side they faced an opponent far larger, and more skilled and warfare than they.
Michael Dell once arrived at a shareholders meeting wearing army fatigues. He made a valid point. The computer industry was warfare and he was planning to do battle.
The inbox is a never ending topic. I’m convinced that I’ve finally found the only way to keep your inbox empty. It’s so simple I almost can’t believe it works so well.
The inbox is an on-going debate. The Today Show recently brought up the subject, so I thought I’d address it again. It seems there are two classes of email users. One class always has thousands in their inbox, the other has zero.