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…
Misc.
You Are a Money Manager – Weekly Money Quote (May 23, 2016)
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Money Parables, Saving
A Picture is Worth…? Use this Tool to Turn the Future You into a Millionaire
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You know a picture is worth a thousand words, but could it also be worth a million dollars? If so, what does a million dollar picture look like? My daughter Savannah and I found out last summer when we wandered into famous nature photographer Peter Lik’s gallery in Las Vegas. I love the outdoors and…
Misc.
Money & Cake – Weekly Money Quote (May 8, 2016)
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Debt, Investing, Misc., Money Parables, Saving
Back to the Future: Money and Time Travel
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“The essence of finance is time travel. Saving is about moving resources from the present into the future. Financing is about moving resources from the future into the present.” – Matt Levine, Financial Journalist One of my favorite movies is Back to the Future. The movie is about Marty McFly (Michael J. Fox), an average American…