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I have been writing about money for nearly 20 years and believe that personal finance is one of those subjects that is made complicated because it benefits a select few. Our aim is to help make it easier to understand so that regular folks can use what we teach to take control of their money and build wealth.
Greetings Reader, You can win at gambling if you have an edge. The same is true for day trading. You can do it if you have an edge. Prime example: the casino always wins because there's a house edge built into every game being played there. The reality is that the only edge you have when it comes to investing is your time horizon. You have to wait long enough for the market to go up. Sometimes that happens quickly. Sometimes it takes a few years or more. Unless you're that trader who made $70...
Greetings Reader, The stock market and tariffs. It has dominated all financial stories last week, with good reason, as the stock market lost 10%+ of its value in just a handful of days. There are a lot of opinions as to what President Trump is trying to do. One theory is he's trying to trigger a recession to force the Fed to cut interest rates, which would make it cheaper for the U.S. to "refinance" the massive debt. Personally, I think he is using the purchasing power of the United States to...
Greetings Reader, This CNN story about a the scam industry in Myanmar changed my thinking about scams. In the past, I thought the scammers were the ones getting the money. In many cases, they are forced to work (both economic and physical) for criminal gangs. I used to think it was funny that you had people baiting these scammers but I'm not so sure anymore... just something to think about. So often, the ones who deserve the blame are not the "front line" workers that face people... seems to...