Money Philosophy
#26 – Putting the Family Bank to Use – REVISED!
Introduction and PrerequisitesToday’s topic is Putting the Family Bank to Use. If you haven’t read Blog #19 – Reduce Your Household Budget by 34.5% With the Family Bank, you might want to review that first.Family Bank ReviewTo proceed, I need to do a quick...
#25 – You Don’t Invest In Assets!
Today’s topic is You Don’t Invest In Assets. It’s a bit of a trick title, but the primary asset in which you invest is probably not what you think. As investors, we very much focus on the asset. In which asset should we invest? Stocks, bonds, real estate,...
#24 – The Stock Market Is Not Your Economy!
Today’s topic is The Stock Market Is Not Your Economy! If you go back to January 2, 2020, before COVID-19 was even part of our vocabulary, the Dow Jones Industrial Average (Dow) was at 28,868 and had been on a steady climb for a number of years. If you watched any...
