Category: Personal Finance

Teaching Financial Literacy


Money is what it does not what it is. Think trading.

Just Do It! What Comes After Strategy?


Yesterday we outlined the duties of individuals in their approach to financial planning. They own the strategic part. The question is should they own or merely control tactics and implementation. Strategy is about the “W” questions. Tactics is about the “How” questions. Strategy is…

Learn How To Avoid Functional Financial Illiteracy


What if I wanted to build a house. Build it, not just contract the work to others. How many tools would I need? Answer: Dumb question! All the tools in the world would not help me build a house. I don’t know how to…

Making Money Is Not The Same Thing As Making A Profit


Cash and Cash Flow are real, everything else is opinion.

No One Stays On Top For Long. Aim For Personal Growth


The meaning of life is different for each of us.

To Win You Need To Know More Than The Odds


By: Don Shaughnessy People are not intuitive about probability. It would help if they were. How lotteries work That is one of the reasons lotteries work. In Canada, Lotto Max requires you pick 7 numbers from a pool of 49. There are 85,900,584 ways…

You Can’t Make The Complex Simple. You Fool Yourself When You Try


What we see may be only one of many possibilities. Do not rely heavily on a single instance.

%d bloggers like this:
%d bloggers like this:
%d bloggers like this:
%d bloggers like this:
%d bloggers like this:
%d bloggers like this:
%d bloggers like this: