Before you can decide how to invest your money or how much to stash away, it’s important to ask yourself the fundamental question: • Why care about money? The answer is harder than you think. … [Read more...] about Why Care About Money?
Just admit it. You do it. I do it too. I’m talking about reading a book with reasonable advice and then never acting on any of it. Not even for a test run. It’s not that we’re lazy or not smart enough to carry it through. It’s just that for some reason it’s really hard to make that leap of faith and act on what we know we should be doing. Well, there’s always a time to start. This summer, I read the book “The Big Secret for the Small Investor” by Joel Greenblatt because I was interested in stepping up my stock picking game. If you’d like to read my book review, click here. In Part “A” of Greenblatt’s “Big Secret” plan, he concludes that: … [Read more...] about Trying Out “The Big Secret” Stock Picking Strategy
Click the image to visit Amazon.comPersonality. Sarcasm. Normally I don’t use entertaining words to describe personal finance books, but this one embodies those qualities. In this very brief read by Joel Greenblatt (an investment company owner and professor at the Columbia Business School), Greenblatt colorfully lays out his arguments and foundation for his two part (A and B) investment plan which he refers to as his “Big Secret”. … [Read more...] about Book Review: “The Big Secret for the Small Investor” by Joel Greenblatt
Click the image to visit Amazon.comMost financial books tell you come up with a retirement goal and to save towards it. Period. But have you ever wondered if you were on the right track? At 30, how much should I have saved for retirement? What about 40, 50, etc? What about debt, savings, etc.? Where do I stack up against my peers? … [Read more...] about Book Review: “Your Money Ratios: 8 Simple Tools for Financial Security at Every Stage in Life” by Charles Farrell