Business Owners A simple formula that can boost your confidence. While selling can be scary, every entrepreneur has to master the skill of taking something out into the marketplace to see if other people think it’s valuable enough to buy…… While selling might still be unnerving, the potential buyer’s response gives you important feedback. Being […]

…The five principles of fear: Fear leads to physiological changes in the body (forced breathing, sweating, head pressure). Thus, it can be personally identified. Fear causes changes in how people think about and react to bad news (indecision, paralysis, building pressure, and panic). Thus, it often leads to bad decisions. Fear is different from panic. […]

Buffetism The stock market is a superb mechanism for the transfer of wealth from the impatient to the patient Ramseyism(s) 5 Ways to give yourself a raise Do a Spending Plan Go to CASH Snowball your debts or savings Identify weaknesses in overspending or bumps in the road, and establish a plan/process to avoid them […]

What would Warren Buffet Do (or not do): Don’t be too fixated on daily moves in the stock market: Don’t get excited about your investment gains when the market is climbing: Don’t be distracted by macroeconomic forecasts: Don’t limit yourself to just one industry: Don’t be short on cash when you need it most: Don’t […]

Curious where your yearly income puts you? Here is Gross income by average Americans. By 10% quartiles: Decile Lower Limit Upper Limit Lowest or 1st $0 $11,164 2nd $11,165 $18,361 3rd $18,362 $26,783 4th $26,784 $35,681 5th $35,682 $46,614 6th $46,615 $59,548 7th $59,549 $75,976 8th $75,977 $99,621 9th $99,622 $140,195 Highest or 10th $140,196 […]

COMMENTS ON MEDIA MANIA With the US economy running on overdrive while financial panics pop up elsewhere, many fear-mongers are making predictions of impending doom. As they always do. This article reminds you that trying to predict short-term movements in the stock market is worse than useless. But solid financial and lifestyle habits based on an […]

Creating an income you cannot outlive Want to know if your average or above? Why you have to save today, to pay yourself in the future? Or why choosing your lifestyle needs are essential to having a live that fulfills you, but is also sustainable. This chart from the 2014 census bureau provides some interesting […]

…Every investor handles ups and downs differently. It’s not necessarily your actions that will see you through periods of market volatility and loss, though; it’s your reactions. The best way so ensure that you won’t overreact when these periods flare up is through intelligent portfolio construction and proper risk management….. the reason most investors fail is […]

Whenever I see an insightful article for entrepreneurs I like to pass it on. Feel free to do the same – pass it to a colleague you think could benefit.   One of the best ways to get ready for a successful new year is to clear the decks of stuff you no longer need, physically […]

It’s not a problem if you prepare for it Buffalo famously gets a lot of snow. Growing up there, though, no one really freaked out about it, because we had machines to get rid of it and the attitude that it was hardly a problem worth hyperventilating over. Most problems are like that. When we […]