Do Financial Decisions Get Better With Age?
You hear it all of the time, “age is nothing but a number”, but what does age do to your ability to make financial decisions? As droves of baby boomers approach retirement, they will be making...
View ArticleThe New Young Investor: Shunning Stocks
When 18-year-old Robert White decided to jumpstart his retirement plan, he invested his life savings of $25,000 into an aggressive mutual fund. Little did he know that just five years later, he would...
View Article5 Factors To Consider When Investing For Passive Income
From the “Rich Dad, Poor Dad” by Robert Kiyosaki, I learnt that almost on one financially comp, I need to generate decent income to cover the monthly expenses of my lifestyle. And it is not reliable...
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Risk Taker or Risky?
There’s a lot of talk out there about how entrepreneurs are ‘risk takers’. This is true. We are a unique bunch who will sacrifice it all in pursuit of a better life. Our unshakable belief in our own...
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Young Investors Scared Of Risk
A new study reveals young Americans are overly cautious toward investing. Could their attitudes be undermining their financial future? When they’re not tweeting, texting or downloading the latest Lady...
View ArticleYour Money Mistake: Not Enough Risk
With every financial decision, you have to balance two competing urges: the desire to not be poor and the desire to be rich. Lately the former has been trouncing the latter. “Investors are stuck on...
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Why Entrepreneurs Should Not Put All Eggs in One Basket
Entrepreneurs are well-known as risk-takers. Some of them are going all out while some others walk their journey based on calculated-risk. Considering the volatility of the business world today, here...
View ArticleWhy You Should Live Like No One Else
I know I’ve been quoting finance guru Dave Ramsey a lot lately, but I can’t stop thinking about something he said: “Live like no one else, so later you can live like no one else.” What does he mean?...
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Why You Shouldn’t Manage Your Friends’ Money
f you have financial knowledge, people who know you might view you as a very valuable commodity – a free money manager. All too often, the person asking you to invest his or her money is the person who...
View ArticleKey Concepts in “Rich Dad, Poor Dad”
Escape from the “Rat Race” - Kiyosaki spends the first few chapters of the book discussing the concept of the “Rat Race.” He describes it as a self-defeatist cycle: an employee works hard for an...
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