The Main Investing Principles That Are Critical For Every Market Participant to Know: Investing can be an extremely confusing undertaking for most people. It's safe to say that the average individual doesn't even know where to begin when it comes to properly building a long-term portfolio. In fact, most people are so afraid of investing that they completely avoid and ignore the reality of it. And the harsh reality is that in most cases we can't simply earn our way to financial freedom … [Read more...]
Top 10 Quotes About Investing Mindset From Unshakeable By Tony Robbins
Best Investing Mindset Quotes From Unshakeable - Learn How to "Silence the Enemy Within": The single biggest threat to your financial well-being is your own brain...It’s just that the human brain is designed to make dumb decisions when it comes to investing. You can do everything right - invest in low-cost index funds, minimize fees and taxes, and diversify intelligently. But if you fail to master your own psychology, you may ultimately become the victim of a costly form of … [Read more...]
What is Compound Interest? The Eighth Wonder of the World
"He Who Understands it, Earns it. He Who Doesn't, Pays it". - Albert Einstein Compound Interest was dubbed "The Eighth Wonder of the World" by Albert Einstein, so you better believe it's a critical concept to understand. Essentially, there are two forms of interest - Simple Interest & Compound Interest. Simple interest is earned on a percentage of the principal only. Compound interest, on the other hand, is earned on both the principal and accumulated interest from previous periods. As … [Read more...]