When it comes to money and being financially successful, one of the most important concepts you need to understand is compounding.  From a financial standpoint, compounding is the cumulative effect of investment returns or interest.  In other words, it is the earnings on top of the earnings, the interest on top of the interest.  But [...]

In the last post we talked about two great references from Guy Kawasaki’s blog that touch upon the subject of success.  The first one was a presentation done at TED that discussed what leads to success.  The other one is about The Effort Effect.   Stanford psychology professor Carol Dweck has spent more than three decades doing [...]

The famous investor Peter Lynch was a proponent of using your own day-to-day experience and spending patterns to find investment opportunities.  He advised investors to look for trends in places where you like to shop and spend money on a regular basis to see if it could be an investment opportunity. Another investment strategy is [...]

The richest people in the world are giving more money away.  Warren Buffett who is the second richest man in the world tops the list as the largest donor, having given away a whopping total of $40 billion.  In second place is the richest man in the world, Bill Gates, who donated a total of [...]

Cholesterol has gained a lot of notoriety in the last few years.  From foods and supplements that claim to lower cholesterol to competing drug companies advertising how their product is the best solution to this secular phenomenon, we are surrounded by a bombardment of messages from the media about how critical it is to keep [...]