10 Saving and Investing Truths
To quote the late Dr. W. Edwards Deming, a world famous author and quality management guru: “If you can’t describe what you are doing as a process, you don’t know what you are doing.” In my work, Dr. Deming’s wisdom…
Category: Lessons Learned
Reader Questions – Essential Saving and Investing Advice
Thanks good readers, I appreciate hearing from you and receiving your saving and investing questions. I’ll be the first person to acknowledge our saving and investing approach might not be suitable to everyone however I believe things are working out…
Seven Smart Investing Principles for Everyone
Last fall, I obtained a copy of this document from PWL Capital entitled Seven Principles of Smart Investing. After reading this through this white paper I reflected upon how we’re applying these principles. 1. Ignore ‘hot’ investment tips We do. …
After the golden rule of personal finance follow these ones
Let’s be blunt, you can likely sum up personal finance into a few principles: Pay yourself first. Spend less than you make. You can add in “invest the difference” if you really want to. The golden rule of personal finance…
Questions Investors Simply Don’t Ask Themselves
I was inspired by this article from Michael James on Money recently that answered a bunch of questions investors simply don’t ask themselves, listed on Ben Carlson’s site A Wealth of Common Sense. Given Michael is a successful index investor…
My personal finance a-ha moments
I spend a lot of time using My Own Advisor to share what’s working with our financial plan and how incremental money management changes are moving us towards financial independence. I’ve also shared some money management mistakes on this site. …