Do you know people that are rich but act poor? “Why do they do that?” I often wonder to myself. At first, I thought maybe they were acting poor to fool people as a joke. I thought perhaps the rich were laughing at us behind our backs while incognito mode. Or maybe when they do… Continue reading People That Are Rich But Act Poor
Category: Wealth
Tools To Help Me Become Financial Independent
In theory, I should be able to obtain at least 1 million dollars 10 years from now. As long as I stay frugal, and invest using principal of dollar cost averaging, and occassionally rebalance my portfolio (this is currently my biggest weakness), then I should be able to conquer that million dollar milestone. How did… Continue reading Tools To Help Me Become Financial Independent
Wealth Pyramid Update – 2010, April 26
I decided to review my progress on the Wealth Pyramid (also called my Financial Pyramid) that I created below. You can also view the pyramid as levels, or even a journey down the sidewalk of success. Back to me! So far, I’m still at the “Action Plans For Wealth Development” level! While I have some… Continue reading Wealth Pyramid Update – 2010, April 26
Asset Class Diversification For The Middle Class
Yesterday, I blogged about my high net worth friend that has over 5 million in assets in my post Ways To Invest Money Once You Have Over 1 Million in Financial Assets. After reading a comment left by another blogger, I now realize that my friend already has a decent amount of asset class diversification. The following… Continue reading Asset Class Diversification For The Middle Class