Catastrophic thinking is when you believe that something terrible is always going to happen, like a divorce, a fatal illness, or devastating financial hardship. A lot of people suffer from it and are...
No stock is “safe,” but blue-chip stocks tend to be the safest. That’s why, if you go to a financial advisor, they’re likely to load you up on stocks found in the Dow Jones Industrial...
Fun fact: Most people in the finance business believe in crazy, ridiculous conspiracy theories. It’s astounding the type of stuff people believe in—like, for instance, that a shadowy government...
Financial Independence, Retire Early (FIRE) is a movement defined by frugality and extreme savings and investment. It’s also a dumb philosophy. Why? Because it is a perfectly normal human desire to...
Not having a lot of debt, minimizing your exposure to risk, and having financial security are all ways to deal from a position of strength. Sure, having more money often helps, but not always....