Some people are rich long before they have money
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10. You are not interested in money
You think that when you make enough money at work all your money related problems will take care of themselves
Actually the opposite is true – over 90% of people winning a multi million dollar lottery end up with less money just after 5 years of winning.
Getting rich takes effort [...]
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Timing the market is probably the most difficult thing to do – no matter how much you know about investing it always seems to work out exactly the way you didn’t want it to happen.
Here is a graph about the typical investor behaviour that always ends up losing us money. Before buying or selling stocks [...]
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Once a year most of the worlds influential businessmen, politicians, investors and economists meet in Davos, Switzerland to discuss the current state of world economy. This yearly gathering is known as the World Economic Forum.
To give you an idea of how high-level Davos is, you should know that in addition to presidents and prime ministers, [...]
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Warren Buffett has made a million dollar bet that the S&P 500 index fund will return more to investors over the next 10 years than a collection of hedge funds that are carefully selected by experts.
The bet was made between Buffett and a company called Protégé Partners LLC – a company that specializes in running [...]
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