Here’s a TED Talk from Angela Lee Duckworth about one of the traits needed to succeed that I mentioned in a previous post
Ben Franklin, the founder of The University of Pennsylvania (my alma mater), said “an investment in knowledge pays the best interest.” Recently I was asked: “what is the best major to study in college in order to become rich?” The answer is the usual “it depends”. One does not need a college degree to generate […]
This is the million dollar question; sorry, I meant the billion dollar question (have to adjust for the quantitative easing effect). Many believe it can be done and many believe it cannot. I think that timing the market is a matter of perspective. I’m not going to debate whether timing the market is doable or […]
I was recently asked this question “how do you overcome the fear of investing?” To overcome the fear of investing, I usually do the following steps: 1) Identify the cause of the insecurity. 2) Do research. Know more about the issue than when I started. 3) Analyze the potential outcomes. 4) Ask myself if I […]
An investment in knowledge pays the best interest.
I would like to review a metric that I use to measure risk management effectiveness. It is called the Gain to Pain Ratio (GPR). It is a measurement that helps to measure our returns against the risk we take to obtain those returns. The GPR ratio expresses the returns in relation of the risk taken […]
The U.S. Constitution doesn’t guarantee happiness, only the pursuit of it. You have to catch up with it yourself.