Tax Season Is the Perfect Time To Teach the Grandchildren About Money
It’s tax season, why not show your grandchildren how to keep more of what they make? First, tell them about tax-deferred accounts, and then...
Warren Buffett and the Power of Time
You have read here about the power of compounding, and patience. Both are functions of time.
Warren Buffett calls investing over a long time horizon...
For You I Want Steady Income and Here’s Why
When you own an income-producing asset, you’re immediately in a position to harness the power of compound interest.
Too often, investors get caught up in...
With This Plan You Can Save More in 8 Years than in 32 Without...
In October of 1999 I explained why there is only one right way to save; early and often. I wrote:
Compound Interest: Your Key to...
Learn How Risk Reward & Time Are Related
You cannot possibly save properly for retirement without a thorough comprehension of the miracle of compound interest and the value of time.
I like the...
The Antidote to Inflation Poison
In my long investment career, nothing has worked harder against my success than the negative compounding effect of inflation. Every year inflation reduces the...
How the Rolling Stones Amassed a Fortune Where Others Have Failed
Last week Mick Jagger shared some video of his cardio workout routine. There he was dancing and moving to the music like only Mick...
Avalanche! It Is Astonishing How Your Money will Pile Up
There is little as satisfying as the long-term gratification felt after planning ahead, saving, and reaping the rewards of your efforts. The best way...
Miss This Investing Concept to Your Everlasting Sorrow
Lack of patience, more than anything else, hamstrings investors in their pursuit of profits. I wrote in July 2004 that impatiently trading in and...
Are You Benefiting from the Miracle of Compounding in Your Life?
Once you venture down the path of self-reliance and survival, you quickly realize it can be an expensive endeavor. Stop. Take a deep breath....