Written By Paula Pant
Myth: Wealth comes from living below your means.
Fact: Frugality is the first step, not the last.
I’d like to tell you about one of the most interesting couples I know.
They were apartment-dwellers when we met, and I don’t mean the New York City variety. Their dark, musty apartment festered in an area where land is plentiful and square footage is cheap, where apartments […]
Written By Paula Pant
Last year I blindfolded myself, threw darts at a list of stocks, and bought the first 10 that I hit.
I let them ride for a year and showed you the results.
This year I’m embarking on a ploy that’s a tad less crazy, but far more heated:
I’m competing against 19 financial writers in […]
Written By Paula Pant
“A blindfolded monkey throwing darts at a newspaper’s financial pages could beat most experts.”
Princeton professor Burton Malkiel uttered that slam against Wall Street stock traders back in 1973.
He claimed that despite their fancy-pants degrees, professional traders can’t predict the future any better than … well … a blindfolded monkey. His book around that topic became […]
Written By Paula Pant
You’re trapped by debt.
You want to quit your suffocating job.
You feel stuck.
Or not?
Maybe you love your job. You’re debt-free. And you’re just trying to figure out how stay awesome.
Regardless of your situation, there’s a basic formula for taking control of your money.
This is a simple, three-step formula, ideal for people who want to keep […]
Written By Paula Pant
Should you pay cash for a car?
That question isn’t just a hypothetical anymore. We need to buy a car. And that means we need to make a five-figure decision.
It’s been almost two months since Will’s car got stolen, and it’s time to buy a replacement.
His last car, as you may recall, […]
Written By Paula Pant
Ever met a “should” – er? A person bound by invisible scripts who wants you to conform to their world view?
People seem to crawl out of the woodwork with opinions about how you should spend your money and manage your career.
“Now is the best time to buy a house!” […]
Written By Paula Pant
Conventional wisdom says that you should invest in the market in small bites.
This is called “dollar-cost averaging.”
Dollar-cost averaging is the philosophy of wading slowly into the market over time, rather than diving in.
If you have a large sum of money — through a bonus, commission, gift, sale of a house or car, etc. […]
Written By Paula Pant
Anyone with a pulse – your co-workers, your neighbor, your third-grade teacher – is fretting that stocks nosedived this week.
Actually, “nosedived” is an understatement. It plummeted. Plunged. Tumbled. Crashed. You get the picture.
From the Associated Press:
Gripped by fear of another recession, the financial markets suffered their worst day Thursday since […]
Written By Paula Pant
Want to learn how to double … triple … even 10x your money?
Read on.
If you’re like most people, your only money-making asset is your ability to work. Take that away, and you’re sunk.
But here’s a little-known truth: our ability to work is limited by our time, energy, and desire. Our money’s […]
