Why it’s remarkably difficult to invest in truly innovative companies

Trading vs Investing

Everyone talks about investing in the next Amazon or Google. However, identifying innovative products and companies is surprisingly difficult. Alexander Bell, inventor of the telephone, tried to sell his invention to Western Union – a big telegraph company. Western Union was not interested and stated, “This telephone has too many shortcomings to be seriously considered … Read more

Why the government needs to create a recession to stop inflation

It may seem strange that the government and federal reserve want to purposefully cause a recession. During a recession, the economy shrinks, companies lay off workers, and things get miserable all around. So why then would they want to start a recession? In a previous article, I talked about what was causing inflation last year. … Read more

Why buying a house is the worst and also the best investment?

Investing in a house

A house is the biggest purchase people make in their lifetime. From a financial perspective, a house is a terrible investment (one should instead rent). But there are non-financial reasons that make buying a home worthwhile. Why buying a house is the worst investment? If you list out all the criteria you would want from … Read more

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Podcast Episode #1

Podcast 1

For some Finer readers who like to listen to podcasts, one of my articles was featured in the Optimal Finance Daily podcast. Please click here to listen online or click here to listen on the Apple Podcast app or search for “Optimal Finance Daily” in your podcast app (Episode 1,860). For those of us who … Read more

How to start investing: Simple four-step investing for beginners guide

How to start investing

When I started investing, I made the common beginner’s mistake – I started by buying and selling stocks. Over the years, I have learned that buying stocks / mutual funds / real estate / etc., should be the last step in investing. Below, I have highlighted three steps to take before investing. Hopefully, it will … Read more

The simple but ignored secret of Warren Buffett’s wealth: Time & Health

Time and Health

I used to think that Warren Buffett is one of the world’s wealthiest people because he is a great investor. Well, he is a great investor. But there is something else that has made him super-rich. Look at the graph below that shows his net worth by age: Buffett did not become a billionaire until … Read more

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