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 […]
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 4 of 9: Debt
This is the fourth part of our new series about how to get your financial life in order by focusing first on the four most important parts of your financial life: saving, investing, protecting your income, and managing debt. We’ve discussed saving in detail in parts 2 and 3. Today, we’re going to delve into […]
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 […]
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 […]
The Wisdom of Solomon: Give it all you’ve got.
As is true for many other aspects of our lives, the Bible has significant lessons about money, wealth and success. Many of these come from the life story and teachings of King Solomon, the son and successor of the Israel’s first king, David. Solomon is said to have been the wisest, and by no coincidence the […]
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 […]
Give Thanks Always.
Count every blessing. Treasure every moment. Give thanks, always. – “Think Like A Rich Guy”