Sentient Money

All great men and women can provide advice that is applicable across a broad field.  No, Hemingway isn’t a great investor, but he is a great writer.  Thus, he has something to impart, so relax and enjoy his  9 pieces of wisdom:

 
 
Listen
“I like to listen. I have learned a great deal from listening carefully. Most [...]

It is interesting this quote comes from one of the wealthiest and most oppressive moguls of the modern era.

There is no class, so pitiably wretched, as that which possesses money and nothing else. - Andrew Carnegie

Why does it seem certain people make money, as if, by magic? The funny thing is when you finally [...]

Walk into any bookstore, take a look at half hour commercials, or look at any personal finance/self-help blog and what do you find?…suggested inspirational reading. Everyone has a favorite book they promote, but do they really work?
The Secret has sold several million copies just in North America, as had Robert Kiyosaki’s Rich Dad Poor [...]

We all have heard them. Anything from, “if you plan on living there for 3 years it’s better to buy than rent”, “you should contribute up to the max in a 401k”, or “index funds are the best way to go.”
I hate rules of thumb. Why? They provide a hint of [...]