Posts tagged as:

Building Wealth

The benefits of mutual funds

03.15.2008

The goal of this post is to go over the basics of mutual fund investing. To start, a mutual fund is a company whose main objective is to professionally invest a pool of money in securities and earn a positive return for shareholders. By doing this, these companies allow you to share the rewards and risks of investing.

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16 Ways to save money by NOT being Normal

01.27.2008

16 ways to save money by not doing what “normal” people do. A lot of money can be saved by thinking “outside the box.”

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The one thing I would teach a recent college Grad

12.01.2007

You just finished your degree and you are probably looking for your first “real” job. This is the perfect opportunity to decide how you would like your financial life to be. You have the choice to spend and buy whatever you feel like which will likely put you in heaps of debt.

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What is an IRA?

09.14.2007

What is an IRA account anyway? An Individual Retirement Account (IRA) is a retirement savings plan that allows you to contribute to it up to….

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How to save money for retirement

08.21.2007

The biggest hurdle for most people is saving money. As Dave Ramsey would say, it is a behavioral problem, not a money problem. Getting in the habit of consistently saving is far more crucial to your success than getting a better rate of return (at the beginning). Let me show you why:

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Warren Buffett Quotes

08.19.2007

Here are Warren Buffet’s best quotes that I have found. Warren should be every investor’s role model. He has a lot of wisdom to share and we would be wise to learn from him.

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4 steps to retirement savings

08.16.2007

4 steps to retirement savings

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How to make more money with your emergency fund

07.12.2007

This post will walk you through the steps to leverage your emergency fund to make more money…. Everyone’s definition of an emergency is different. But, if you want it to be of some use to you, you need to have a strict definition of an emergency. Your emergency fund should put more dollars into your pocket once it has been well established. Here is how:

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9 Tips from Warren Buffett

07.03.2007

These are 9 Things that I learned from Warren Buffett…There are no called strikes in the ballgame of investing. You do not lose a single penny by passing on any given investment. Even if someone else hits a homerun with it, doesn’t mean that you are missing out. That said, you will have to swing the bat if you ever want to get anywhere. Just make sure it is a good pitch.

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The power to get wealth

06.28.2007

But you shall remember the LORD your God, for it is He who is giving you power to make wealth, that He may confirm His covenant which He swore to your fathers, as it is this day. Deu 8:18
Notice that the above verse says he gives us the POWER to get wealth. There is action required on our part.

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If you want to be wealthy, act like it!

06.25.2007

If you want to be a millionaire, act like one. Wealthy people become that way because the “do” certain things. If you “do” what they did to become wealthy, you will get the same result.

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Trash cans and giving

06.19.2007

For some reason this translation allowed me to visualize what Luke is talking about. It reminds me of my kitchen trash can that I always stomp the trash as much as possible before taking it to the dumpster.

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Buy Assets

06.16.2007

One of the worthwhile points he makes is to, “Buy Assets and Sell Liabilities”. It is common sense, but often times common sense isn’t that common. He defines an asset as “something that puts money into your pocket” and a liability as “something that takes money out of your pocket.

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