Today’s version of the downtown shop is an online store–an example of the 21st Century cottage industry. Online stores are the way to go for “the little guy” [...]
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You will be buying stocks in each of the next 30 years. You will get a better deal if you pay low prices rather than high prices for the stocks you buy. [...] A small income from self-employment can give you the confidence you need and set the stage for bigger things. The biggest step is just getting started. [...] The P/E10 level is 18. Treasury Inflation-Protected Securities (TIPS) are paying 2.5 percent real. What is the best stock allocation? [...] The cost of obtaining a college education can no longer be taken lightly, but you can reduce the risk and the cost by taking the process more slowly. [...] Video game players share their knowledge with each other. Stock investors do not. Why not? Because no one wants to mess up when it comes to stock investing. [...] Nothing can save you more money on car repairs than learning to do some yourself. The more you do them, the more you’ll be able to do and the more money you’ll save. [...] Look at homes you might want to buy, but be sure to sell AND close on your old home before you buy the new one. Then you can make a contingency free offer to the seller. [...] |
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Struggling on a Six-Figure Income
If income isn’t converted to true wealth (savings and investments) then it will disappear into consumption. This is why high income people don’t feel rich. [...]