Will The Stock Market Crash Now?

You’ve probably heard: the stock market has been hitting new record highs lately. It didn’t take long for the the boo birds to show up. “Just look! See how the market crashed each time it hit this level? It’s gonna happen again!” Again, or Third Time’s the Charm? It’s true: the peaks in 2001 and […]

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investor identity

Are You An Investor?

What came first, the chicken or the egg? How about a similar question from a previous age: Is Thad a horse thief because he stole a horse, or did Thad steal the horse because he was a horse thief? Which would you pick? Most people go with the first explanation: stealing makes Thad a thief. That […]

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Other peoples money

Other People’s Money, Part 3: How To Succeed

Who are you? When you read the first two parts of this series, where were you picturing yourself? using OPM, or being OPM The hallmark of financial success is being one of the Other People with Money. Have you ever thought of that? You may not be there now, but it’s time to unlock that […]

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Other peoples money

Other People’s Money, Part 2: Those Other People

In case you missed it, we talked last week about how good it can be to use Other People’s Money (OPM). Taking a return of 12% per year to 75%,sure sounds good, doesn’t it? Too Good To Be True? If using OPM is such a good thing, how come everybody isn’t using it all the time? Good question. […]

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Other peoples money

Other People’s Money, Part 1: Why Do It?

“Do you know what we’re doing wrong?” Norman asked his carpool partner one morning. “Yeah, Norm… listening to you!” “No, Sam, seriously. We’re not using Other People’s Money. I heard the other day Donald Trump says the secret to his success is using other people’s money.” “Is that right? Was that before or after he […]

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Ken’s New Car

“Hey, William, what do you think of that little Korean car?” “What little Korean car?” “I can’t think of its name, but, you know, that one with the little hamsters.” “The Soul?” “Yeah, I think that’s the one.” “Why? You thinking of buying one?” “Well, the thought crossed my mind.” “Why? What’s wrong with your […]

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How Long Before You Get There?

My friend Brian and I once had a friendly argument: what would be the fastest way to get from where we lived in Orange County to Fisherman’s Wharf in San Francisco? The flight there is just over an hour, I said, how can that even be a question? “Ahhh, think again,” Brian said. “Think door […]

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