Genius Types

I find it interesting that wisdom is often clearly laid out before everyone in a book or a lecture, and few truly understand it. It’s just as Napoleon Hill wrote in “Think and Grow Rich” when he hinted that one needs to re-read the book several times; and even then, the wisdom can only be captured when a person is ready to hear it.

The Quiet Millionaire, by Brett Wilder, is one of the most complete guides on personal finance that I’ve ever read.

Often the best ideas are right under our noses. How many times have you walked past a quarter candy machine in a restaurant lobby or break room?

In the stock market, as in dating, you have to keep your head to succeed. An investor who falls in love too early chases away the stock, just like a desperate man chases away the girl.

Credit cards are the devil. When I look at the amount of debt this country has from credit cards with just as much justification for using them; it makes me wonder why so many people keep doing the same thing and expecting different results.

Of all the approaches to real estate investing that I have been exposed to (books, seminars, CD’s, and networking), the one presented by Mike Summey and Roger Dawson is the one that I have adapted as my own.

Traditional major corporations like Wal-Mart, Proctor and Gamble, and Johnson and Johnson are getting worried.  They are finding that the hundreds of millions of dollars they are spending on advertising each year are not generating the returns that they once did. The introduction of the DVR (which allows people to skip commercials) has dramatically reduced [...]

A common theme throughout popular finance literature is the idea that the rich see money differently than average people. You may have heard buzz phrases like “pay yourself first,” or “don’t work for your money, let your money work for you.” These concepts sound great in books, but putting them to practical use can be [...]