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Long Term Investing Is All About Saving Yourself From Yourself

Long Term Investing Is All About Saving Yourself From Yourself

One of the biggest problems I consistently observe is people’s inability to control their spending once they start making money or a lot more money. We all know someone who is making the big bucks, yet is just living paycheck to paycheck (see: Scraping By On $500,000 A Year). After three months of grueling work out of college, I decided to buy a new used car. Not only did I get a car that was parked several subway stops away for $200/month, I also got a brand new motorbike! Read More »

Confessions From An Angry Retail Banker

Confessions From An Angry Retail Banker

Every time I’m waiting in line to deposit a check at a bank, I wonder what the hell is taking so long. Who are these people with huge envelopes full of cash? Why does the elderly lady always have to argue with the teller about why her ATM card isn’t working? What are tellers thinking when they see massive bank accounts from punk kids? I’ve invited a blogging buddy to share his insights. Enjoy! Read More »