Inflation, Interest Rates, and Dividends

Most people believe it is impossibly hard to understand how interest rates and dividends affect the value of the share price of a stock, but if you can understand opportunity cost then you can understand these concepts.  Understanding these concepts will not only make you a better investor, but they will also allow you toContinue reading “Inflation, Interest Rates, and Dividends”

Happiness

If your goal is to become rich, it can be accomplished fairly easily by making sound financial decisions over a long period of time.  But not everyone wants to be rich.  I’ve always viewed the ultimate goal in life as achieving and maintaining happiness.  Happiness is a relative term because it depends on the person. Continue reading “Happiness”

Why The Rich Get Richer

Everyone has heard the phrase “The rich get richer”, and that is a true statement in a lot of cases.  Most wealthy individuals have a particular mindset that not only allowed them to gain extravagant wealth in the first place but also to continue growing their assets as they accumulate more and more resources.  TheyContinue reading “Why The Rich Get Richer”

Cash Generating Assets

One of the best ways to become wealthy is to spend your money on streams of profit.  Another way of saying this is to collect cash generating assets.  These can be anything that generate cash.  They can be a franchised fast-food restaurant, ownership in a stock that pays a dividend, or royalties from a bookContinue reading “Cash Generating Assets”