Do you have a childhood belief or some other hang-up about money that’s restricting your income?
Monevation
Are you a better investor than Warren Buffett? I’m not even a better writer than Buffett, so let’s hear some wisdom from the great man himself.
The zeitgiest is to favour spending money on experiences as opposed to products. But is that any more secure as a route to happiness?
Don’t spend £500 on gym membership this January. Get fit and healthy for free instead of staying fat and spending money.
If you have a husband or wife and kids, it would likely change how you’d spend and invest before meeting your maker.
If you knew the date and age you’d die at, it would enable you to plan very precisely for the future.
Nobody ever won a girl or wrote a pop song by thinking long term. But being a little bit boring goes a long way.
My friend suspects I’m wealthier than him just because my money is in shares, while his is in property. He’s wrong.
The world of chasing endless beauty queens in the absence of all other kinds of women or relationships isn’t for me.
Once you’re aware of the process of your perception of the value of money changing over time, I believe you can take steps to try to master lifestyle inflation.
I have made financial mistakes just like anyone else – but maybe not the same mistakes.
The difference that spending £100 a month less on clothes in your twenties and investing it will make to your future is incredible.
Don’t dismiss the benefits of earning a few bob from a passive income project. Income generating assets are expensive!
I accept it’s normal to feel frustrated, angry, or even downright stupid when you lose money on your investments. But what about guilt? My portfolio’s fall from its peak value in summer 2007 to a low in October 2008 represents a big loss for a 30-something private investor like me: at least a couple of [...]
What follows is a personal post, but I believe it’s relevant to investing. I won’t be discussing underpriced stocks or earning more money. Instead I’ll share something that for me puts the business of personal finance into perspective. Call it an end of year message. I’m visiting my parents. In the next room, my gentle and intelligent [...]