Warren Buffett, the world’s greatest investor, made the majority of his billions buying stocks during the great recession. His philosophy of being greedy when others are fearful is what makes him so successful. So learn to see the opportunity in every adversity, and grab it! 5. Enjoy the ...
If you want to get as rich as Warren Buffett, you don’t merely need to start early andgrow old. Simplyinvesting like Buffettwon’t do it, either. Instead, to get very rich as an investor, you need toinvest like Warren Buffett on other people’s behalf, and claim a good portion of...
Being authentic isn’t about saying whatever you think or feel. That approach can be damaging either to you personally or to the company. Being authentic doesn’t give you license to be an S.O.B. We all know people who’ve taken this kind of approach – the “This is me – like it...
(How to Retire Happy, Wild, and Freeis Number 10) "Sooner or later we all reach that golden age of retirement. The thought of retirement is wonderful. But it takes a lot of planning to be able to retire and not need to get some sort of second job to balance your financial books."...
Even billionaires likeWarren Buffetthave some frugal habits.Frugalityis looking for ways to get the best value for your money. It doesn’t always mean getting the cheapest thing; it’s more about the best value. It also means you don’t waste money on things you don’t need or want. ...
There are many ways to work those three to reach FIRE, but there are also some common threads. Here are the basic steps of the FIRE movement: Earn a very high salary. Many in the FIRE movement are in the technology, engineering, or medical fields where even starting salaries can be quit...
In my mid-twenties, I quit my job to travel the world for 14 months. I visited 18 countries and spent about $10,000. A lifestyle of frequent and extended travel in retirement, funded bypassive income, is a primary motivation to reachfinancial independence. ...
Remember to reach out: Life gets busy for everyone. While meeting in person isn’t always possible, take advantage of technology to stay in contact with friends and family by phoning, texting, and messaging. Congratulate people on their wins, offer sympathies for their losses, and reach out ...
Discover how to find a business mentor, learn why every entrepreneur can benefit from having one, and get top tips to find the right mentor for you.
However, remember that—for everyone except professional investors—it would be a mistake to attempt the kind ofstock pickingmade famous by billionaires likeWarren Buffett. Instead, open anonline brokerage accountthat makes it easy for you tolearn how to invest, create a manageable p...