Why the Rich are Getting Richer is the latest book in the Rich Dad, Poor Dad series, and Kiyosaki continues giving readers nuggets of wisdom distilled from decades of thought about personal finance. Nuggets is an apt metaphor however, because like real gold the reader…
Tag: Mindset
Is Early Retirement the Moral Thing to Do?
I was reading an article on The Green Swan recently, and blogger JW’s article Why The Government Doesn’t Want You To Retire Early which struck a chord with me. JW argues that of the US governments $6.5 trillion in revenue, 2/3rds of this comes from the…
Stock Trading Basics – Mental Management
Here is a question for you: if you think with your mind, how can you control it? It’s kind of like grabbing a ruler to measure a board of wood and the ruler grabs you back. And how can you measure the wood when the…
Stock Trading Basics – The Mindset
Trading stocks is hard. You need to guess the right stock, the right price, and the right direction in order to make money. Options are even harder, because the contracts come with an expiration date before which your prediction must come true. That’s four obstacles…