start investing

Alternate Ways To Start Investing, Part 1

It’s been a little more than a month since my good friend Maria called and popped the big question: where do I start investing? Since then you’ve learned (or recapped) about some of the basics of investing (compounding and where to scrape up money to invest). Along the way, you’ve probably also heard or read […]

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good debt vs bad debt

Good debt vs bad debt

Last week Nancy asked the question: “Is there not good debt and bad debt?” A good and honest question, this good debt vs bad debt thing. She’s not the first one to ask — when I did a Google search for “good debt vs bad debt” it asked me which of the 262 million results […]

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getting money to invest

Getting money to invest, Part 2

As we saw last week, one of the biggest challenges we all face with investing, especially in the beginning, is getting money to invest. The answer, you learned, lay in four key strategies. Well, actually, you heard me say there are four, but we only had time for the first two: earn more, and spend […]

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getting money to invest

Getting money to invest, Part 1

For the longest, longest time, it was my #1 comeback. Whenever someone would chide me in some way that I was not investing, I inevitably shot back: “Oh yeah… invest what?” Investing is like motherhood and apple pie: the no-brainerly good thing. I mean, how many people are going to stand on a platform and […]

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compounding

The Miracle of Compounding

The principle underlying all investing goes by many names, but my favorite is “the miracle of compounding.” I learned that from arguably the greatest investor of all time: Warren Buffett. It’s deceptively simple, but don’t be fooled — it’s the most powerful weapon in your arsenal in your fight for independence. Compounding Illustrated Let’s say […]

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begin investing

Where Do I Begin Investing?

A Phone Call So, last night I received a call from a terrific young lady, the daughter of close friends. She moved out recently after graduating from college and landing her first full-time job. The reason for her call? She heard someone at work tell her she needs to buy some fancy insurance policy “as […]

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greece

The Greece Thing: Phantom Or Real?

Several European governments, banks, and even their central bank have lent hundreds of billions to Greece, who has just said they can’t make the payments. Oops. When I was young and aspiring to be a CFO, someone told me an important lesson in finance: when you borrow $1,000 and you can’t repay it, you have […]

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