There are many ways to make money, and fewer ways to grow wealth. Over centuries, one way has consistently stood out as the greatest means for growing wealth and that way is by INVESTING. And when it comes to investing, people have varying philosophies, each requiring a varying degree of know-how, tenacity, and risk tolerance. …
“Write it down!” “It’s not enough to have it in your head” These are snippets of a recent conversation I had with a very close friend of mine about investing and investment goals/plans. It all began when I asked him about his investment goals for the year and how far he is from achieving them. …
It feels like free money until you realize that you have to pay back with compounding interest. I have the same feeling when I spend money using credit cards (high-interest debts). And quite frankly some of the things I spend that money on were STUPID things. You go on a foolish spending spree powered by …
For many years, I was a low-income earner, and the idea of investing with the little money that I was making was more than ‘just an idea, for me, it was my only way out of financial insecurity. However, I initially had doubts. I questioned the prospects of investing with little money. Is really worth …
I have received a number of emails from avid readers of my blog asking ‘how do I start investing?’. The emails typically go like “Hi Henry, I’ve $xxxx and I want to invest it, how and where do I start?”. You are not alone, WE are not alone. There are a lot of people from …
The past couple of weeks, for growth investors, has been like watching Diamonds becoming Quartz: High-flying stocks becoming fast-sinking stocks. Week after week hope of a turnaround becomes dimmer and dimmer as performance gets from bad to worse. Tesla (TSLA) and Zoom (ZM), two of the wildly successful stocks of 2020, are down over 12% …