by Jay Beattey | Dec 23, 2013 | Articles, Personal Finance
Certain “financial advisors” – who are little more than media-made celebrities – declare that debt is bad and must be purged. They have names that rhyme with Rave Damsey, Floozie Orsman, and Spark Coward. There is partial truth in their words – but...
by Jay Beattey | Dec 20, 2013 | Articles, Wall Street
Here’s a funny little mathematical fact that turns out to be not-so-funny. If we lose 5% on a $1,000 investment, we’ve lost $50. Probably happens more often than we care to admit. After all – we have to break few eggs to make an omelet – right? And...
by Jay Beattey | Dec 12, 2013 | Articles, Personal Finance, Retirement, Wall Street, Wealth Building
It sounds like a silly question – but the shocking truth is that hundreds of thousands of people will do just that over their lifetime. Could you be among them? Consider this – an investor who saves just $1,000/month from age 25 to 70 – stops – then draws...
by Jay Beattey | Dec 6, 2013 | Articles, Wall Street, Wealth Building
Law of physics: bubbles eventually burst. Law of economics – bubbles eventually burst. Especially those that are “helped along” by bad government policy. The bubble I’m referring to – is the stock market; and the bad government policy is the...
by Jay Beattey | Aug 26, 2013 | Articles, Personal Finance, Retirement, Wall Street, Wealth Building
When we build wealth the Wall Street way, we drag two boat anchors for our entire investing lifetime. Their names are taxes – and fees/commissions. Both take a toll on our account, but only one gets the attention. Accountants, CPAs, and law firms exist largely...
