How to ruin your investment porfolio (Part II: Technical Analysis)

How to Ruin Your Investment Portfolio (Part II: Technical Analysis)

Humans are by nature impatient. At the supermarket counter, we’d constantly look into our watches when several people are queued ahead of us. If we’re in a hurry, we’d drive to another store even if it takes much longer to get there. And if we actually do, we’d honk on a car in front of us, at some stoplight along the way if the driver hesitates to proceed for safety.

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How to Ruin Your Investment Portfolio Part I

How to Ruin Your Investment Portfolio (Part I: Day Trading)

Almost everyone has heard of Aesop’s parable of “The Tortoise and the Hare”. In a nutshell, the story goes like this… There once was a hare who bragged about how fast he can run. Tired of the hare’s boastful behavior, the tortoise, challenges him to a race. The hare soon …

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No. 1 Destroyer of Wealth is Divorce

The No. 1 Destroyer of Wealth is Divorce

Out of the most feared and dreaded D’s in life, there’s probably no subject more shunned upon by money bloggers than the topic of divorce. It’s not a particularly difficult topic to write about, and yet many avoid the subject altogether. This is surprising because divorce is no longer a taboo considering its prevalence in modern society.

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Top 10 posts of 2018

Lessons from the Most Popular Posts of 2018

As we welcome the new year, let’s take a look at the most popular articles that were published here on Millionaire Before 50. But more importantly, let’s highlight the lessons that we can learn from them.

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Stock Market is like Climate Change: Keep your Eye on the Man, not the Dog

Stock Market is like Climate Change: Keep your Eye on the Man, not the Dog

In episode 12 of the fascinating science mini-series, Cosmos, Neil deGrasse Tyson explains why meteorologists suck at predicting the weather. He goes on to explain the difference between weather and climate. “Weather is what the atmosphere does in the short term, hour to hour, day to day. Weather is chaotic, …

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Traditional 401K vs ROTH 401K

Traditional vs Roth 401K: Understanding How They are Different

One thing that can significantly affect your long-term and retirement savings is the type of employer-sponsored retirement plan you choose. While traditional 401(k) plans and Roth 401(k) sound similar, there are some major differences between the two accounts.

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Distinguishing between Wants vs Need

Distinguishing between “Wants” vs “Needs” is so easy, even a 9-year-old can do it

“Hey pa, I got a perfect score!” my son proudly exclaims while greeting me as I come in the kitchen door next to my garage. I just got home from my long commute from work. “Great job! I’m so proud of you.” I replied, barely looking into the piece of …

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Bitcoin Dumb and Dumber
Guest Post

Is it Time to Buy Bitcoin or just Laugh at the Suckers who are Holding onto It?

The following post is brought to you by Tom Dunleavy. Tom works in the Investment Consulting industry advising pension and 401-K plans, worth over a collective $5 billion dollars in assets. He writes about investing, personal finance and building your retirement portfolio over at Admittedly, I’m actually one of the …

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Bald Faced hornets
Saving ideas

How the Massacre of “Killer Bees” Saved Me $300

If you ever own a home, you know that the monthly mortgage, property taxes, and insurance are not the only payments that you’ll ever have. A significant portion of your housing expense involves its maintenance from both inside and outside the house: plumbing work, appliance repairs, repainting, yard work, etc. …

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What is a well lived life?

What is a Life Well-Lived? (Hint: It’s not about having lots of money)

Money affects every aspect of our lives. From what we eat, where we live, and how we dress, to what we do with our spare time. Having enough money is essential to achieving sustainable happiness. However, having an abundance of money “per se” is not really a true measure of …

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