How Do We Get Money?

How Do We Get Money?

Warren Buffet, one of the richest people in the world, said there are only two ways to make money: find value or create value. There is no such thing as something for nothing. One morning at the gym I overheard a middle-aged man talking to the man next to him. He just...
What is Money and Why Do We Want It?

What is Money and Why Do We Want It?

What Is Money? Sometimes we get so caught up in the day-to-day use of money and become so obsessed with acquiring more of it that we fail to see it for what it really is. Therefore, let’s fundamentally define “money” and contemplate its role in our lives. Money is...
Managing Investment Risk

Managing Investment Risk

How can we successfully manage investment risk? Consider applying the principles of risk management discussed in our article entitled “Four Ways to Manage Risk.” Avoiding Investment Risk We should completely avoid high severity risks that are likely to...