Rich Dad Poor Dad is often treated like a beginner’s book. People quote it early in their money journey, nod along, then move on. But buried inside it is a lesson that doesn’t age, doesn’t get outdated, and doesn’t stop being relevant no matter how…
Tax advantages don’t protect you from structural risk — For a long time, retirement advice followed a clean script. Work. Contribute. Max it out. Let the market do its thing. That advice wasn’t stupid. It was contextual. It belonged to a period where inflation was…
Your problem isn’t income, it’s this A vast population of people don’t avoid investing because they’re irresponsible. They avoid it because the math feels abstract. “Investing” sounds like something for people who already have money. Or time. Or confidence. Or a financial background. So they delay….
#3 Abandon the live-in-the-moment mentality Denis Gorbunov recently posted a fantastic article on the invaluable book The Psychology of Money. I’ve read the book and appreciate his interpretation of it. The three quotes he points out in the book: “You need to plan on your…
Use Fundrise as an entry point — You don’t “get into private equity” with $50 the way institutions or high net worth individuals do. Let’s start here. What you can do with barely any money is get exposure to private-market style investments through pooled vehicles that…
Here’s how to get started so you don’t end up f*cked If you’re over 35 and you’ve never invested, you’re not stupid. You’re not lazy. And you’re not uniquely behind. But you are running out of time to pretend this will sort itself out. The uncomfortable…
For people who want to start without pretending to be experts — People don’t avoid investing because they’re lazy. They avoid it because they feel stupid. They hear terms like asset allocation, market cycles, risk-adjusted returns, and they immediately assume they’re behind, unqualified, or too late….
Most financial advice assumes you want money to become a second job — SOME financial advice assumes you are financially educated, enjoy tracking markets, following news cycles, comparing strategies, and staying constantly “informed.” Moreover, it assumes you want to think about investing all the time. I’m…
Why consistency beats intelligence, confidence, timing and almost everything else — I’m not a market expert. I don’t read charts. I don’t follow earnings calls. I don’t track macroeconomic narratives. I don’t try to predict recessions, rate cuts, elections, or black swan events. I just…
Quit being short-term oriented — As you age, one thing will increase if you’re financially productive. Your income. But with income increases comes responsibility, and many of us don’t want to deal with responsibility. We want to have fun and enjoy life. It’s less fun…
It’s not about lemonade — it’s about incentives, margin, and low-risk bets. The Dhando Investor Core Idea: Heads I win a lot. Tails I lose little. Pabrai often points to lemonade stands as a microcosm of business — a simple system where incentives, pricing, margins, and demand become immediately visible….
Who would have thunk that robo investing would deliver real returns over 10 years. Not many take robo investing seriously. It often looks stupid and less sophisticated to many Not me. I wasn’t out here thinking I was Warren Buffett or some finance genius. I…
Everyone says they want freedom. Few are actually building it. There are many hidden gifts of investing many miss. They talk about wanting peace, security, and control — but they spend every paycheck and call it survival. You can’t save your way to wealth.You can…
It’s true. You don’t need a sex video, a rock star influencer account, intelligence, or an only fans account to build a seven figure net worth. You also don’t need a course, a conference, or a book. As a kid I never wanted to spend…
I started saving in childhood.Not because someone told me to.Because I liked the idea of keeping something that others couldn’t touch. While most kids spent every dollar on candy or cheap toys, I always kept a little left over after my chaotic dollar-store runs. I’d…