Going out with that special someone is not just for having fun, since we often aim to impress and make that person of our interest feel great as well. Often we begin to believe that the more money we spend on dates, the higher the chances for a successful outcome. Sadly (or thankfully) this only works if you are looking specifically for gold diggers and are too focused on material wealth.
Certainly you must have heard something in the news or even around the water cooler at work about Real Estate. It’s back, goes the chatter. Case-Shiller just said home prices are rising again. As a quick down and dirty review, recall that the Case-Shiller Home Price Index is based on the work of economists Karl Case and Robert Shiller. In short, this index is used by many in the real estate world as a sort of barometer. Just the traditional barometer is used by the weather guys or gals to make their forecasts, the Case-Shiller Index is used to gauge the conditions of the real estate market.
You want to be successful as much as anyone else, but I know that sometimes it’s hard to break free from bad habits. Thankfully, successful people share many common...
By now you are most likely getting up to speed on this whole idea of wealth building. At the same time, you may have fallen into a hidden trap, so to speak. You see, often times when folks begin looking at setting up an investment plan or setting up any sort of wealth building plan the focus is traditionally on getting more. Not only that, this concept of getting more is more often than not a future goal. Now do understand, there is absolutely nothing wrong with this sort of approach at all.
Most parents want to give their children a financially secure future. Sadly, unemployment rates are going up and young people seem ever more hesitant to move out and make it on their own in a world that takes a lot of ingenuity and pathos to succeed in. No matter if things used to be harder or easier for us, our children are struggling to be productive and giving them more money seems to just stall their path to self-reliance and wealth-building.
For many of us vacations are the only chance we get the whole year to visit places we always wanted to see and spend our money on pure pampering. While vacations can be great for our stress and something to looks forward to during tough routine days, the expenses are sometimes so high that they ruin the rest of the year for us.
There is a common trait that shows up on the road to building your wealth. This trait shows up as you continue to add to your investment portfolio. You do have an investment portfolio don’t you? And don’t even start the blame game when this trait is revealed in just a moment. None of that “..but they said…” type of stuff. Here is what this is all about: in a word, Benchmarks. In and of itself, a benchmark would seem to be an important part of evaluating the performance of your investment portfolio. And, truth be told, if there were actually one accepted benchmark that could be universally applied, that might actually work. But the reality is that investment performance is not so simple.