In the last post on asset allocation, I went over the details on how to select the most efficient portfolio and how to make asset allocations within that portfolio. As you probably realized by now, I have structured each post that builds upon the previous ones to make the concepts easy to follow and understand. […]
Understanding Asset Allocation And The Modern Portfolio Theory
In the last few posts on investing misconceptions and index investing, we covered a lot of ground. I admit it is a steep learning curve. Don’t get frustrated if you have to visit and re-visit the information again to get your head wrapped around those concepts. The next step in your investing journey is asset […]
How To Develop Your Critical Thinking Skills
In my previous posts on unlocking the mystery of teamwork and becoming an effective team player, I mentioned that one of the hallmarks of a solid team player is engaging in constructive conflict. The central idea behind constructive conflict is to embrace different ideas and viewpoints. It is easier said than done though. When faced […]
How To Effectively Market Yourself
In my previous post on performance reviews, I went over in detail on the reality of performance reviews and how to navigate through them. Another key aspect of developing your personal brand and doing well in a performance review is marketing yourself. You definitely have come across that one individual at work. Yes, the one […]
Investing Reality – It’s So Simple A Caveman Can Do It
My last post about investing misconceptions was admittedly quite scary. In fact, it flies right in the face of what I had described in my earlier posts about using your savings to grow your investments. Why on earth would you work super hard to pay off your debt, save money and then lose it all […]
Investing Misconceptions – A Lot Of Hot Air
In the last two posts, I went over extensively into how investment income is taxed favorably over employment income and how you can benefit enormously by maximizing your tax-free swimming pool. However, as some of you might have already guessed, there are a lot of investing misconceptions. Naturally, you may ask: That is a lot […]
Five Steps to Dissecting Organizational Culture
When there is an absence of trust and fear of conflict within a team, it is most likely an issue of deep-seated cultural problems. In my earlier post on how to become an effective team player, I specifically mentioned that trying to deal with such dysfunctions on your own is not advisable. More often than […]
Three Steps To Accelerate Your Personal Brand Development
Ok. You have chosen the right job. You are comfortable with the trade-offs. Your boss is not exactly someone whom you spontaneously see eye-to-eye but you have managed to find a way to make it work. The question now is how do you accelerate your personal brand development? In my opinion, it comes down to […]
A Simple Way Of Going From Middle Class To Rich
In my last post, I went over the basics of the tax system and the different types of tax-deferred and tax-sheltered accounts. These are the cookie-cutter techniques available to middle-class people. Armed with the correct knowledge and how to apply it, you are now accelerating on your journey to financial independence. But, what you really […]
How To Develop Your Tax-Efficient Investment Strategy
In an earlier post, I mentioned that navigating the realities of today’s environment requires understanding taxes and overcoming your fear of investing. After getting a handle on your debt, the next step in your journey to financial independence is to use your resources (net savings) in the most tax-efficient manner to generate the maximum returns […]