Is Your House Actually Causing You to Lose Purchasing Power?

“Purchasing power is a license to purchase power.” –Raoul Vaneigem “The only honest dollar is a dollar of stable, debt-paying, purchasing power.” –Senator Robert Owen How many of you have heard this one? Your house is your biggest investment. With the burst of the housing bubble in the 2008 timeframe, a lot of people who […]

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Hoarding, the Scarcity Mindset, and an Unnecessary Attachment to Your House

“I steal cracker packets. I hoard them. Once my collection is large enough, I’ll take them to the flea market and try to sell them to discerning lovers.” –Jarod Kintz My parents like to watch the show American Pickers, so when we go home for the holidays, we usually wind up watching an episode (or […]

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The Slippery Slope to What the Hell, or, Why Spending Diets Don’t Work

“Go to Heaven for the climate, Hell for the company.” –Mark Twain “My grandmother started walking five miles a day when she was sixty. She’s ninety-seven now, and we don’t know where the hell she is.” –Ellen Degeneres I used to be a pretty decent competitive poker player. I earned a couple of entries to […]

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Employee Stock Purchase Plans and Stock Options – Your Investing Archimedes’ Lever?

“Δός μοι πᾷ στῶ καὶ τὰν γᾶν κινήσω “ (translated) “Give me a lever long enough and a fulcrum on which to place it, and I shall move the world.” –Archimedes In the last article, “Investments Where You Can Influence the Outcome” we talked about investments where, rather than doing your research beforehand, investing your […]

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Investments Where You Can Influence the Outcome

“Every man gotta right to decide his own destiny.” –Bob Marley I recently read a blog post by venture capitalist Fred Wilson about how they focus on the company that they invest in, not necessarily the investment. One sentence really stuck out to me: Venture capital is one of those asset classes where you can […]

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Lies, Damn Lies, and Anchors

“Above all, don’t lie to yourself. The man who lies to himself and listens to his own lie comes to a point that he cannot distinguish the truth within him, or around him, and so loses all respect for himself and for others.” –Fyodor Dostoyevsky “The best lies about me are the ones I told.” […]

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