Building Wealth
14 articles filed under Building Wealth.
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Building Wealth
The Hidden Wealth Impact Of Daily Choices
How Every Decision Can Make You Richer (or Poorer) This is an essay I wrote that was published on Dec. 19 by DIY Wealth – an online business that provides guidance on entrepreneurship, investing, and other…
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Building Wealth
Funding Your Retirement
How Safe Should You Be? Mr. Money Mustache is someone I read now and then. His thing is retiring early. He himself retired when he was very young. I think he was in his late 20s, with a modest net worth. And…
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Building Wealth
The End of the “Crypto Winter”?
Bitcoin is down about 70% from its November highs. And Ethereum has dropped 80% from its peak to its bottom. I’ve said in past posts that I’ve always been skeptical of the long-term prospects of the…
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Building Wealth
A Change of Plans
A Change of Plans Two years ago, I got clearance from my town to tear down my current office space in Delray Beach, an 11,000-square-foot storage building, and replace it with a 40,000-square-foot Class-A…
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Building Wealth
The Market Is Foundering. What to Do?
By some metrics, this has been the worst year in the stock market since the Great Depression. The larger indexes are down around 20%, and many tech stocks have lost 50% to 80% of their start-of-the year values…
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Building Wealth
What are stock splits? Why are they done?
What are stock splits? Why are they done? Last month, Shopify announced plans for a 10-for-1 stock split. This after many other recent stock splits among some of the largest tech companies, like Amazon…
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Building Wealth
Have the FAANG Stocks Lost Their Bite?
FAANG used to be a convenient and memorable term to describe the biggest tech giants on Wall Street: Facebook, Amazon, Apple, Netflix, and Google. But Google has changed its name to Alphabet and Facebook to…
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Building Wealth
Jack Dorsey's NFT Plummets From Millions To Thousands
What is an NFT really worth? The tweet above was Jack Dorsey’s first NFT. In March 2021, during the early days of the NFT boom, it sold for $2.9 million. Early this month, the owner, Sina Estavi, listed it for…
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Building Wealth
Rental Real Estate 101: What Does “Buying Right” Mean?
I wrote a course on rental real estate investing 10 years ago when I was writing a blog called “Creating Wealth.” Recently, I decided to turn it into a book that recounts my personal experiences and what I’ve…
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Building Wealth
Save like a pessimist. Invest like an optimist
I read that somewhere recently. It stuck because it is so simply true. (Sorry, you who said it. I didn’t make note of your name.) Until I began writing about wealth building, I don’t think I ever considered…
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Building Wealth
What I Believe: About Investing
To be successful at anything, we must begin with the ancient Greek aphorism, “Know thyself.” With respect to investing, that means understanding your instincts and emotions with regard to fear and greed…
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Building Wealth
The Stock Market: What…
Worried about your stock portfolio? Here are some facts from Mitch Zacks (by way of JS) that may ease your concerns: * S&P 500 earnings have been going up while the index has been falling. That means the P/E…
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Building Wealth
Charles Mizrahi Interview on Wealth Building
Click here for a recent interview I did with Charles Mizrahi.
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Building Wealth
Buying Art as a Financial Strategy
One of the most important things to know about the supply and demand dynamic of art is very basic: When an artist dies, the supply of his work becomes fixed. Demand is determined by a host of factors that boil…
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