Thorstein Veblen didn’t have an easy path to greatness.He was the Wisconsin-born son of Norwegian immigrants. His parents had little money and less command of English. Young Veblen grew up speaking Norwegian,...
For most people, home ownership isn’t just about a living space – it’s the biggest financial asset of their lives. Rising home values build fast equity. And for many years, American home values rose at a phenomenal...
Let’s take into consideration the following scenario. It’s 1968, and your grandmother just gave you a dollar for your tenth birthday.
You’re a bit underwhelmed. The dollar doesn’t seem like much....
Greek warrior and philosopher Thucydides put it simply – “fortune favors the bold.”
But fortune doesn’t favor the rash. If you want to be a great investor, you need to be dauntless and prudent...
Today I’d like to talk to you about mistakes.
First, let me tell you a little story.
In the 1880s, an enterprising Georgia pharmacist named John Pemberton created a new health tonic. It was designed to cure all...
History is riddled with myths. Yet unless you teach grade school history – or are a contestant on Jeopardy – they don’t much matter.
Retirement myths? Quite another story. Those are the myths that often...
Watching the true crime show, “American Greed,” too many times probably ruins people when it comes to investing money much beyond the basic 401(k) type of thing. It makes people not trust themselves to lose...
Around the end of the year, articles listing all the things you should have done to reduce taxes appear in the news. Other articles provide advice for planning for the year ahead. The truth is that you should be planning...