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Even though the book has been out for years, I just got around to reading Robert Kiyosaki’s book “Rich Dad Poor Dad”. Kiyosaki is a fairly controversial figure. Some people love the guy and listen to his every word and others think he is a snake oil salesman. After reading the book, I found that I [...] Mohamed El-Erian is one of the smartest investment experts in the business. In this video he says that the recent stock rally is essentially “a sugar high” based on unreasonable expectations. He makes a good point in that most of the positive earnings results this quarter were due to cost cutting and not [...] A couple of days ago I posted a link to an article entitled, “Here’s A Switch: American’s Who Don’t Spend”. The article talked about the current shift in American spending patterns towards more frugal purchases. Today I was reading some of the user comments below the article and found someone had posted a wise bit of [...] Here’s a clip of Warren Buffett talking about his new online cartoon series called, “The Secret Millionaires Club”. Let me just say I’m a huge Buffett fan and I’m all for educating children about finance and investing but this is a little weird. After the initial talk about the cartoon, Buffett begins to talk about the [...] Here’s a video that discusses the pitfalls of listening to stock analysts. It specifically talks about how analysts have no incentive to make the right calls and usually aren’t very accurate. Not to say that all analysts are bad… just take what they say with a grain of salt. I usually read their reports to [...] I found this great post on Get Rich Slowly that talks about why everyone should save for retirement. Even though most of us are a long way off from calling it quits the article makes some excellent points on why we should still save/invest. Some of us may even love our current careers so much [...] Can anyone tell me what’s wrong in this video?
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