One of the terms that you might have come across as an investor is “contrarian.” In some cases, the savvy contrarian investor can make money by engaging in strategies, and making investment moves, that are considered different than the conventional wisdom. A contrarian investor can take advantage of situations that allow them to position themselves [...]
Last week’s auction of Edvard Munch’s The Scream for a record-breaking $120 million made international news — and made many money-savvy individuals who have never thought about fine art wonder if this is an investment opportunity that they’re missing out on. Between this story, and the wonderful surprises sometimes seen on shows like Antiques Roadshow, [...]
Many of us dream of earning money without having to do a lot of extra work. This is known as passive income, because it keeps coming in, but you don’t have to do much for it. You aren’t actively trying to earn it; instead, you set something in motion, and then enjoy the passive income [...]
I recently had the privilege of being a fly on the wall during a one-on-one interview with Ramit Sethi, author of the New York Times Best Seller I Will Teach You to Be Rich. And while I can’t divulge the details of the interview (as much as I’d like to share them with you), I [...]
This is an attempt to list some of the positives of owning a home. For the opposite point of view, check out the post titled Be Logical and Never Buy a Home. Deciding to buy a home is a major decision that everyone eventually wants to make. If we consider everyone we know, it will [...]
Ask anyone what the important rules of money are, and likely they’ll be able to give you several maxims that at least sound like they are good advice. Unfortunately, many people are walking around following rules that really don’t apply anymore — if they ever did. The subject of personal finance seems to attract old [...]
