Don’t be fooled: markets often rally right as a recession starts
The Correlation Between Late Market Rallies and the Start of Recessions The relationship between late market rallies and the onset of recessions has been a subject of interest and analysis among economists and investors. The stock market is often considered a leading indicator of economic health, and the occurrence of late market rallies just before […]
How Rich Guys protect their investments during a recession
As the old adage goes, “The only constant in life is change.” This holds true for the financial markets as well. Cycles of economic growth and recession are a natural part of any economy, and the savvy investor (whether that’s the Rich Guy or the asset manager the Rich Guy is smart enough to hire) […]
The Founding Four, Part 6 of 9: Protecting Your Plan
I’m back to finish my series on The Founding Four principles of good money management. This is the sixth of the 9-part series in which we dig deep about the four most important topics to tackle in your financial life. To get the most of this series, please read them in order. Part 1 gave […]
The Founding Four, Part 5: The Debt “Snowball”
This is the fifth of a 9-part series called the Founding Four, in which we dig deep about the four most important topics to tackle in your financial life. To get the most of this series, please read them in order. Part 1 gave you an overview of all four principles and how they fit […]
The Founding Four, Part 3 of 9: How and Where to Save
This is part 3 of a 9-part series about the Founding Four principles of your financial plan. Part 1 introduced you to the four critical activities you need to work on as the basis for every financial plan, and Part 2 introduced you to the first of the four principles, Saving. Here in Part 3, […]
The Founding Four, Part 2 of 9: Saving
This is Part 2 of a 9-part blog series called “The Founding Four”, about the four most important things you need to do to begin down the path to financial independence. You can read Part 1, in which we lay out the basics of all four, here. As we discussed last week, there are four […]
The Founding Four of your financial plan
2019 starts out on TLRG with a basic primer on how to get a grip on your money. As we go through the year, we’ll go further down the rabbit hole into investing specifics, success mindset, even an opportunity to work with me professionally for free, but for the next few posts, we’re going to […]
9 ways to be a great client
Note: This article is a repost from the corporate blog at nVest Advisors, LLC. nVest CEO Jeremy Torgerson is the founder and publisher of “Think Like a Rich Guy”. I talk often on here about how we’re working to be a better financial advisor, and I applaud efforts by the Department of Labor, the SEC, and the […]
10 quick “Pro Tips” for a Richer future
However much you make or save now doesn’t promise you a bright financial future. Life is unpredictable. Follow these 10 tips to prevent you and your family from money troubles. See a lawyer and make a will. If you have a will, make sure it is current and valid in your home state. You and […]
Rich Guy Lesson: Give
Brownsville, Texas is one of the most economically challenged areas in the United States. So you’d think it would be a difficult place to start a financial practice. And you’d be right. Aside from the fact that I know very little Spanish (it eludes me fiercely, even after living in the Rio Grande Valley for […]