The following is a guest post by Larry Swedroe, co-author of "". If you'd like to contribute a guest post to Money Q&A, check out our guest posting guidelines.
Warren Buffett famously once said, “Success in investing doesn’t correlate with IQ. Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people in trouble investing.”
Temperament trumps intellect because having the right temperament allows you to ignore the “noise” of the market and be a patient, disciplined investor, … [Read more...] about
Archives for November 2018
Life Insurance – The Importance and How to Choose the Best Quotation
Insurance is something that we usually hope to never use, but when we do, it can be very beneficial. There are all kinds of insurance products on the market today. There are insurance policies for our homes, our cars, our health, our physical property and even for tickets to concerts and sporting events. Life insurance is one more of the common insurance types. Most people have some sort of life insurance policy through their employer or their spouse or partner's coverage. There are a wide variety of policies with varying coverage amounts, … [Read more...] about Life Insurance – The Importance and How to Choose the Best Quotation
How to Tell Your Children that Santa Is Broke This Year
What do you tell your children when times are tough? Is Santa affected by the recession too? How do you tell your children Santa is broke? One of the worst mistakes that we can make is to pretend that nothing is wrong and continue operating in the same manner that we always have during the holidays when our family is struggling financially. It becomes hard to maintain the status quo when times are tough, and it is especially tough around Christmas and the holidays. And, trying to continue the same way is a horrible mistake. We get used … [Read more...] about How to Tell Your Children that Santa Is Broke This Year
Five Ways to Make Holiday Gift Giving Perfect This Year
You may not be ready to think about it yet, but Christmas as the holiday season is rapidly approaching us. And, we all know that the holidays are an expensive time of the year. One reason is that we are a very generous society and love holiday gift giving. One recent survey found that Americans spend over $500 per year on gifts for our friends and family. We love to give and giving can quickly add up and become a budget buster. But, there are a few ways that you can make this a perfect year and still give gifts that make you just as happy … [Read more...] about Five Ways to Make Holiday Gift Giving Perfect This Year
Why Socially Responsible Investing May Not Be Great for Your Investment Returns
In conjunction with present-day debates about pressing issues like climate change, unfair labor practices, green energy, and skyrocketing obesity rates, investors are becoming more aware of the roles their money could play in perpetuating societal ills. This has led to the rapid expansion of socially responsible investing (SRI). SRI allows investors to exclude certain types of companies or industries from their investment portfolios based on their own moral values. This sounds like a great idea…in theory. In practice, SRI is much more … [Read more...] about Why Socially Responsible Investing May Not Be Great for Your Investment Returns
How To Rebalance Your Credit File After A Rocky Spell Financially
In this day and age, it’s all too easy to fall into a trap of getting yourself into a little bit of debt here and there. With finance companies making it easier than ever to sign up for buy now and pay later schemes, it’s no wonder that the US is in approximately $21 trillion of debt. Not only does being in debt affect your way of living, but it can also affect your ability to apply for mortgages and loans in the future. So today, we’re looking at some options that you can take so that you can rebalance your credit file after a rocky … [Read more...] about How To Rebalance Your Credit File After A Rocky Spell Financially
5 Ways to Get the Cheapest But Reliable Life Insurance
Nobody should spend their time excessively worrying about the future when it comes to their loved one’s fate or even themselves. One of the many perks that life insurance provides is that it saves you the trouble and the amount of energy that you put into worrying about the future; life insurance guarantees you full life coverage for you and your loved ones. Even though the idea behind life insurance is very practical, some find it to be unaffordable and end up without investing in life insurance, which is very risky. 5 Ways to Get the … [Read more...] about 5 Ways to Get the Cheapest But Reliable Life Insurance
Learn to Trade and Start Earning
Many people are looking for ways to earn money and create wealth fast. However, money earned quickly can often get wasted due to further impulsive investments. True Wealth Creation warrants patience and a reliable money making opportunity that will yield higher returns. This is where stock trading comes into the picture. However, you need to remember that trading in the stock market is not a quick get rich scheme. You will have to invest time and efforts, and learn the tricks of the trade to earn money. Why Invest in Shares? Share … [Read more...] about Learn to Trade and Start Earning
4 Tips For Investing in a Holiday Home
Real estate is one of the most popular investments right now. It’s a fairly safe investment because property prices are on the rise and they don’t look set to go down anytime soon. It’s also a good way of earning a passive income over time. There are a couple of different options when you’re investing in real estate. You could buy houses to renovate and then sell on for a profit or you could invest in a residential property and rent it out. You could also invest in a holiday home and rent it out to tourists. 4 Tips For Investing in a … [Read more...] about 4 Tips For Investing in a Holiday Home
Review of SPENT Money App: How to Earn Cash Back on Purchases
If you’re not consistently maintaining and adjusting a budget for your personal and business-related expenses, then you might run the risk of blowing your budget simply due to disorganization issues. That’s why personal finance management apps like SPENT Money exist. Their goal is to help folks keep track of their financial lives, whether they’re at home, at the store, or even in another country. In addition to helping you manage your business expenses, the SPENT Money app offers its users thousands of opportunities to earn cash back on … [Read more...] about Review of SPENT Money App: How to Earn Cash Back on Purchases