The difference between the elite investors and the average retail investor is that the right time to invest is always now for elite investors. The retail investor is preoccupied with timing the market. They are always questioning whether there is a good time to be investing. Take the current Wall Street investing environment, for example. […]
If recent memory is any indication, we can expect to see a seismic shift where investors place their capital very soon. Recent patterns have shown investors’ drastic shifts from overvalued equities to under-valued tangible assets such as commodities, private businesses, and real assets once equities hit bubble territory. Two of the most recent examples were the dot-com […]
If I could name one factor, one defining differentiator that separates the rich from the middle-class, the rich accumulate wealth while the middle class accumulates toys. Everything else revolves around this one central theme. The person with the big house, the European cars, the fancy clothes, and the exotic vacations aren’t rich – they have […]
You would think that for all the great products he helped put out into the world that Steve Jobs would have been the wealthiest man in the world, but the truth is he wasn’t even in the top 40 of the wealthiest people at the time of his death. Apple, the company he co-founded and […]
In the ’80s, “Lifestyles of the Rich and Famous” was a popular show on TV. Hosted by British TV personality Robin Leach, the show took viewers on a weekly tour of the extravagant lifestyles of wealthy entertainers, athletes, socialites, and business magnates. The lives of the rich and famous often seem glamorous, but the story that […]
Elite investors zig when everyone else zags. Right now, while everyone else is rushing into the two burning buildings that are the stock market and Bitcoin, wise investors are staying away. Why do smart investors ignore the noise? Because investments driven by market noise are not driven by a strong foundation. What constitutes a strong […]
What kind of investor are you? Are you like the millions of investors currently playing the stock market like Las Vegas – one of the growing armies who have helped day trading replace sports betting as America’s favorite pastime? Or are you more interested in long-term financial security? If you’re more of a speculator and hoping to […]
Everyone’s looking for one key or another that will unlock the door to any of a variety of human pursuits: happiness, long life, weight loss, and riches. Many will search their entire lives and not find the keys they’re looking for – for whatever reason. The keys may be elusive. They may be unrealistic. For those […]
What is the difference between those who lose wealth and those who maintain it? Like the 70% of lottery winners who go broke and many pro athletes who end up filing for bankruptcy, individuals who lose their wealth all share a common thread: They spend their money on assets that diminish their wealth instead of building it up. Cars, […]
There are some common perceptions that the rich are rich because they either inherited their money or they got lucky somewhere along the way – like winning the lottery or hitting the jackpot on that one in a million investment. Although this may be true for some high net worth individuals, the vast majority, are […]