What is luck?

February 17, 2010

Luck is a word that we often use, but have you really thought about what it means to be lucky? In this blog post, I will describe how I think about luck by talking about whether it is possible to outperform the stock market without it. There has been a longstanding debate over many decades […]

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The Brain-Dead Simple Strategy for Becoming Wealthy

February 16, 2010

Humans seem to have a need to make things overly complicated. I’m not surprised by this tendency, because if we don’t understand something, it is easy to assume that it must be complicated. It sometimes takes a great mind to reduce the complexity of reality to simple concepts. The problem is that it is all […]

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Tim Ferriss: “Income without time has no value.”

February 15, 2010

In an interesting YouTube interview with Loic Le Meur, Tim Ferriss said: “What I promote is valuing time as the most valuable nonrenewable currency and recognizing that income without time has no value… Income has no intrinsic value… The value that it has is what you can trade it for. And even if what you […]

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The Week in Review

February 12, 2010

This Week’s Posts 02/08/10 – Perfecting the Art of Being Imperfect 02/09/10 – Blogging as a Personal Development Tool 02/10/10 – In the Long Run, We Are All Dead. 02/11/10 – Beat the Pros by Being a “Know-Nothing Investor” From around the Web Scott H. Young – Perfectionism Isn’t Bad (In the Long-Term) Steadfast Finances […]

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Beat the Pros by Being a “Know-Nothing Investor”

February 11, 2010

In my post Start Now! Don’t Let Procrastination Cost You a Fortune!, I talked about the importance of avoiding procrastination in getting started on an investment program. While this is sound advice, it is not as easy as it sounds for most people. Many investors simply don’t know where to start, or they fear having […]

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In the Long Run, We Are All Dead.

February 10, 2010

We constantly hear about the wisdom and importance of long-term thinking. We are told about how our problems are a result of short-term thinking. To a certain extent, there is some truth to this. Long-term thinking is very important in certain areas: Sustainability. We need to think long-term to determine what is sustainable or not. […]

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Blogging as a Personal Development Tool

February 9, 2010

Many people know that I want to make money from blogging. Why not? I don’t see anything wrong with providing content that people might enjoy for absolutely no charge and then getting paid for it. It’s a win/win/win situation. I win. You win. And advertisers win. Sure. What’s worth doing is worth doing for money. […]

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Perfecting the Art of Being Imperfect

February 8, 2010

Hi, my name is Mark, and I’m a perfectaholic. As long as I can remember, I’ve been a perfectionist. I’m not sure whether it’s nature or nurture. Was I born this way? Was I somehow conditioned to be this way? It doesn’t really matter. It is what it is, and I have to deal with […]

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The Week in Review

February 5, 2010

This Week’s Posts 02/01/10 – Keep Score by Tracking Your Net Worth 02/02/10 – Lessons from the Movie Groundhog Day 02/03/10 – Are Your Priorities Really a Priority? 02/04/10 – Increase Your Wealth and Happiness by Using Debt Wisely From around the Web Don Dodge on The Next Big Thing – How Google sets goals […]

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Increase Your Wealth and Happiness by Using Debt Wisely

February 4, 2010

Here in the United States, we get bombarded with news stories about consumer debt, mortgage debt, business debt, and government debt. Unfortunately, these stories are always negative. We hear about record numbers of bankruptcies, foreclosures, destroyed lives, divorces, and on and on. In a country as wealthy as the United States, it is such an […]

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