buy high sell low

The Hi-Lo Paradox, Part 1: Why Do You Buy High?

“Mom, it wasn’t me!” (Or Dad) When that’s the first thing you hear when you pick up your kid from school, what’s your reaction? To believe your child? “Oh sure, Honey, it could never be you! Come here and give Mommy a kiss. Did you enjoy your lunch?” No? Why not? Because you’re smart: you know […]

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Someone just gave you $15,000. What Now?

I’ve often dreamed of winning the lottery. Maybe you have, too. We all know that’ll never happen, so in some ways that’s a “safe dream,” isn’t it? But what if a relative, recently deceased, cut you into a small part of her estate? Like, say, $15,000. That’s different — that could really happen. If it […]

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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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