We all know that it is dang near impossible to beat the market over any extended period. We all know that we are better off in index funds.

I have had about 10–12 interns over the years, and I have taught a lot of college students, and occasionally I have smart interns or smart college students, but the one thing that absolutely cannot be taught is the killer instinct. You either have it or you don’t. You either have the insatiable desire to succeed or you don’t.

If you own a home or you're thinking about buying one, I have some bad news.

I know a lot of people who have gone broke because they told themselves, “I can afford the monthly payment.”

When most people buy stocks, they find cheap ones and wonder why their trades don't work.

The stock market is no place for amateurs.

The other night, my wife and I went out for dinner. When it came time to order dessert, I couldn’t help but think, “Is it really worth shelling out $13 for a piece of cake when we have other expenses, like building a big house?”

I don’t like the snowball method at all. If you tackle the smallest debt first, it might not be the debt with the highest interest rate, and you’ll end up paying more in the long run.

One of the fundamental principles in investing is knowing when to cut your losses.