In Edinburgh, Scotland, in a section of the city known as the Royal Mile, there is a wonderfully restored medieval dwelling known as the John Knox house. The house was originally built in the late 1400s. In the mid-1500s the house was occupied by James Mossman, a well-known and wealthy goldsmith. Mossman was hired to…
Category: Misc.
Misc.
Wealth is Like Seawater – Weekly Money Quote (August 29, 2016)
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•Misc., Saving
More vs. Enough: The Principle of Financial Finish Lines
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•“Wealth is like seawater: the more you drink, the thirstier you become.” – Arthur Schopenhauer, German philosopher John D. Rockefeller, widely considered to be the richest person in history, when asked how much more he needed to earn until he had enough famously replied, “Just a little bit more.” Author Mitch Anthony reports, “A friend…
Misc.
A Million Things More Important Than Money – Weekly Money Quote (August 15, 2016)
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•Misc., Money Parables
The Retired Greyhound: Money Without Meaning Cannot Create Happiness
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•Greyhounds are beautiful creatures. Tall, and sleek; powerful yet graceful. They are built for speed and born to run. For this reason greyhound racing is a popular sport in many places. To ensure that racing greyhounds are motivated to run a lure of some kind must be used. At one time live rabbits were released…
Misc., Money Parables
Becoming a Micro-Philanthropist
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•Misc.
Fireflies, Fraud, and Haiku
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•I started my blog three years ago with the modest goal of teaching simple, timeless financial principles to family and friends in a way that is easy to understand, entertaining, and memorable. As all writers know, sometimes you wonder if the message is getting through. And as any parent knows, this is especially true of…
Misc.
Giving is Fun – Weekly Money Quote (June 6, 2016)
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•Misc.
What Would You Do If You Had a Million Dollars…to Give Away?
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•Misc., Money Parables
Fireflies Looking for Love and Avoiding Investment Scams
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•“The best way to spot investment fraud is the promise of safety and very high returns. If someone offers you this, turn 180 degrees and do not walk – run.” – William Bernstein In his book Think Twice, Michael J. Mauboussin writes about Stephen Greenspan, a psychology professor who spent a good portion of his…