NO-ONE WAS ‘born a natural’ at trading. It’s something you have to work at every day. You must chip away the rough edges to reveal the perfect trading plan. Sand back the psychological misadventures, before you can glide into profits. You end up falling in love with the messy process that trading is. Whenever I…
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MANY YEARS AGO, when I had a ‘real job’, I used to run a department where a bunch of reporters would call up companies and update their credit histories. Graduates, straight out of business school. Young, hopeful, and enthusiastic. A top entry job, with a bright future assured. I remember I was holding an interview…
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It’s a fact. Your level of income will rarely exceed your level of self-development. But most of us are going to retire broke. Don’t believe me? Listen to these chilling facts: The average superannuation balance in Australia is only $70,000 (Cooper Review into Superannuation). Only 7% of retirees are financially secure. (Association of Superannuation Funds).…
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Apparently, 1 in 4 adults in America did not read one useful book in 2018. They didn’t develop a skill, focus on their mindset, or read something that wasn’t for the purpose of entertainment. Fiction doesn’t count. It’s a pass-time. A guilty, page-turning pleasure. But it’s not a source of education or inspiration, and it…
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ELIAS CANETTI IN ‘The Human Province’ states “One lives in the naïve notion that later there will be more room than in the entire past.” We think we’ll live forever, and that we’ll always be the age we are right now. We make the mistake thinking we have time. Even though at an intellectual level…
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MONEY GOES WHERE it feels the most welcome. Money moves to the people who persuade it that it will have a productive home with them. None of us actually create wealth. We don’t print money. However, we do encourage it to visit and stay. We attract it. We multiply it because our actions are deemed…
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OK….YOU’VE SUFFERED a huge loss. What makes it worse is you know, at a deep core level, that you did this. You DID this. Your actions made this happen. But I’ve been there. I’ve been struggling for breath as the 50 foot waves sent me tumbling, fighting, unable to control what was happening. I’ve felt…
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Can you guess what that subject is? A study that involved 4,500 couples, came up with some fascinating results. Co-author, Dr Sonya Britt-Lutter said: “Arguments about money are the top predictor of divorce. It’s not children, in-laws or anything else. It’s money – for both men and women.” The study controlled for income, debt and…
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