The one thing that will determine whether the market makes you wealthy or leaves you bleeding on the side of the road

I’ve been an investor in the stock market for 50 years. Here’s the one thing that will determine whether the market makes you wealthy or leaves you bleeding on the side of the road: What you do when the market drops. Market drops fall into three broad categories: Corrections, which are drops of ~10% Bear… [Continue Reading]

Is The Simple Path to Wealth outdated??!!

Salamat An original painting by Alex Ferrar On display at  Sobremesa, Antigua, Guatemala   Sometimes it feels like I’m blowing flower petals into the wind. Recently my pal Mindy Jensen of Bigger Pockets sent me this question that had come up in her Woman’s Finance group: I recently read the book The Simple Path to Wealth… [Continue Reading]

Some Thoughts on Spending

  Photo by Gabriel Meinert  The subject of spending seems to be getting a lot of attention of late in and around the financial independence (FI) community.  The issue seems to be that those pursuing FI are on a path of deprivation and delayed gratification, and this behavior becomes so ingrained that when the time… [Continue Reading]

Got a question?

This one is going to be very brief. I’m putting together a FAQ. If you have a question you’ve always wanted to ask, drop it in the comments below. Keep in mind this is for a general FAQ Thanks!