A blog about college, investing, cooking, psychology, saving money and general life concepts.
Most people think you need a lot of money to start investing. But history has shown that patience and consistency matter more than income level. Take Ronald Read, a janitor and gas station attendant. Despite earning modest wages, he amassed an $8 million fortune by investing in individual stocks and holding them for decades. Then... Continue Reading →
Why Adopting an Entrepreneurial Mindset Can Lead to Smarter Investments and Financial Success Introduction: Thinking Like a Business Owner When most people think of investing, they focus on buying stocks or mutual funds and hoping for the best. But the most successful investors, like Warren Buffett and other self-made millionaires, approach their investments with the... Continue Reading →
Why Adopting the Mindset of Peter Lynch Can Transform Your Investing Strategy The Power of Investing with Conviction When it comes to investing in the stock market, one name that stands out is Peter Lynch. Known for his remarkable success as the manager of the Fidelity Magellan Fund, Lynch made a name for himself by... Continue Reading →
Why Adopting the Mindset of a Long-Term Investor Can Change Your Financial Future The Power of Long-Term Thinking When it comes to investing, there’s one name that stands out above the rest: Warren Buffett. Known as the “Oracle of Omaha,” Buffett is one of the richest people in the world and has built his fortune... Continue Reading →
Investing your money isn’t just about picking stocks and hoping they rise in value. It’s about making informed decisions, analyzing data, and understanding the psychological biases that could lead you astray. By combining research methods with an understanding of human behavior, you can make smarter, more rational investment decisions. Imagine this: you’ve done your research,... Continue Reading →
Risk tolerance is a term we hear often in investing, but it’s more than just a number on a form or a quick survey you fill out when setting up your portfolio. It’s deeply personal and rooted in psychology. Why do some investors take high risks with their money, while others are incredibly cautious? The... Continue Reading →
In today’s world, social media influences almost every aspect of our lives. From the way we communicate to the way we shop, it's no surprise that it’s also shaping how we make financial decisions. In the past, stock market decisions were largely made by experts, but now, with platforms like Reddit, Twitter, and YouTube, anyone... Continue Reading →
Financial mistakes aren’t just a modern-day issue, they’ve shaped history, economies, and individual lives. By looking back at some of the most significant financial blunders, we can learn valuable lessons that can help us make smarter financial decisions today. From catastrophic market crashes to speculative bubbles, the mistakes of the past offer insights into how... Continue Reading →
The Hype Train and Its Consequences On November 11, 2024, I wrote: "I just read something that said sell out of all your investments. My automatic response was ‘nope.’ Look, no matter what happens, there will be ups and downs in the market, and sometimes things will get ugly. Shit, I am scared too. But... Continue Reading →
What is the Illusion of Control? Investing is a game of strategy and decision-making, but often, it’s a game where luck plays a much bigger role than most would like to admit. The idea that we can control our investments, predict the market, pick winning stocks, and time the perfect buys and sells, can be... Continue Reading →
The Broke College Student 