“What the wise man does in the beginning, the fool does in the end” – Warren Buffett According to studies, by the year 2035, Social Security funds will be nearly depleted. That means that anyone under the age of 40 can expect to receive very little or even no Social Read more…
“Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.” – Paul Samuelson The New York Stock Exchange was created in 1792. Over the years, it has contributed to creating fortunes as well as misfortunes. Although the Read more…
“ Investing puts money to work. The only reason to save money is to invest it.” Grant Cardone Experienced investors like Warren Buffett advise the masses to invest long term. In most cases this is true. However, every investment you make does not have to be long term. There Read more…
“Money is usually attracted, not pursued” – Jim Rohn One of the biggest components of reaching financial freedom is to invest. However, before you invest, you should aim to learn about the many diverse ways of investing so that you can make informed decisions. For example, technology has become a Read more…
“The biggest single thing that has lifted people out of poverty is free trade.” – George Osborne What is a Trade War? According to Investopedia, a trade war occurs when one country increases tariffs on another country’s imports in retaliation to the second country raising its tariffs. A tariff is Read more…
“If you don’t find a way to make money while you sleep, you will work until you die.” – Warren Buffett There are two major types of incomes and both are needed to reach financial freedom. Passive income and active income are the types of incomes that should be acquired. Read more…
“For savers, a rise in Federal Reserve interest rates is good news” – Rachel Podnos The Federal Reserve The Federal Reserve has already raised interest rates once this year, and they are projected to raise rates at least two to three more times in 2018. According to CNBC.com, the Feds Read more…
“Never depend on a single income. Make investments to create a second source” – Warren Buffett We’ve all heard the saying “less is better.” Although this may be true, financial experts convey a different message. They believe that one should have multiple streams of income, which means to diversify your Read more…