The passive way to investment success
Many Americans conduct passive investing, which some call “lazy investing.” Though this is a common way to invest, it has its detractors. I just finished reading Paul Farrell’s The Lazy Person’s Guide to Investing, for example, and I found myself drawn to the “lazy portfolios” he describes. Lazy portfolios done by are collections of index funds. Because these portfolios are balanced — they contain
Pay yourself first
Pay yourself first: How you can overcome the challenge of saving One of the oldest rules of personal finance is the simple admonition to pay yourself first. All the money books tell you to do it. All the personal finance blogs say it, too. Even your parents have given you the same advice. But it’s hard. That money could be used someplace else. You could pay the phone bill, could pay down debt, cou
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The razor's edge: Lessons in true wealth