The world of summarized
Finance is I hold, an intellectual perversion of what began as warm human love.
Our definition highlights the inter-temporal dimension of all investments. The benefit of today’s investment is at a future date. The delay can be short for some investments (speculative investments, for example) or long for others (business investment, for example).
An often-overlooked and possibly more important story may be the widening gap between the top 20% – which includes the upper middle class – and the remaining 80% of the population. Not only is...
Hearing a crying infant is likely to wake you, so buy an audio baby monitor instead of a high-priced video one. All car seats must comply with federal safety regulations. More expensive models don’t...
Wealth Watchers helps you control the seemingly insignificant daily expenses that can add up to major sums. For example, spending $15 every day on drinks at a bar amounts to $5,475 a year. If...
In the early 1970s, author Jim Rogers sat down with a Harvard Business School graduate who was running a hedge fund. Rogers explained why the time was right to invest heavily in energy. Only...
The process of democratization began in the 1600s with the establishment of “joint-stock companies” like the Dutch East India Company. These firms marked a watershed development in the modern corporate model, in that managers...
Some of the common blunders millionaire entrepreneurs make stem from the nature of the personality of the typical small-business owner. Entrepreneurs, by definition, believe in their own abilities and have the willpower to take...
Warren Buffett is a genius stock investor. His stellar track record estimates the launch of his legendary holding company, Berkshire Hathaway. Buffett got his start investing on behalf of family and friends. In 1956,...
Financial insecurity is one of the crucial sources of anxiety in contemporary life. People dream of having the “peace of mind” of knowing that they can meet their needs and supply some comforts for...
The emotions you feel surrounding – and generated by – your perceptions of money form how you deal with it. You may act in ways that make no long- or short-term sense. Conventional education...
Many financially savvy Americans regard debt with deep misgiving. Credit card balances and payday loans are losers’ games, according to financial experts like Dave Ramsey and Suze Orman. This advice is correct as far...
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