With St. Patrick’s day just a wee bit away, we wanted to explore ways to live a rich, good life.
The Irish are known for their pluck and–except for the potato famine here and there–their luck.
But I don’t think it’s some smilin’ leprechaun that endowed the people of the Emerald Isle with their ability to be fortunate. It’s really the typical Irish resilient, inquisitive outlook on life that opens up opportunities.
And. you don’t have to be Irish to have good luck. Luck is a matter of being aware of opportunities and seizing them. And both of those skills–awareness and bold action–can be taught, or at least reinforced.
In this edition of Weekly Wisdom, we’ll cover some tips from the blogosphere that will teach you to make your own luck–whether it’s thinking like Albert Einstein or picking stocks.
Here goes:
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Internet, Investing, Money, Online Investing AI, Success
fortune, Irish, Links, luck, lucky, Money, rich, roundup, St Patrick's Day, tips, wealth
Last night I was watching the news (a terrible habit I need to get rid of!) and there was another story about how bad the economy is and how hard it is to find a job. I always have the same reaction when people say they are looking for a job. It makes me wonder, “Who wants a job?”
Having a job for decades and retiring on a pension was a system that ended in the 1980’s. Since then, the economy has changed so rapidly that working in the same job for 20 years is nearly impossible. Besides that, the financial mismanagement of companies and the government has made pensions and social security unreliable.
So what’s the solution?
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Accelerating Technology, Dreams Come True, Great Books, Investing, Money, Online Investing AI, Success, US Economy
economy, Investing, jobs, Money, pensions, social security, Success, technology, the wealth singularity, tv
Price bubbles have been going on since the invention of markets by humans thousands of years ago. However, most people are completely oblivious to how they work, and how to profit from them.
Price of Crude Oil Jan 2004 - Feb 2010
Bubbles are simply the expression of widespread desire to own an asset, regardless of price. As the price goes up, more people find out about it and buy. This pushes the price up further, and still more people find out about it. It is a virtuous cycle.
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Accelerating Technology, Internet, Investing, Money
bubbles, crude, gold, google, Money, oil, prices, Success, trends
Pic by Jeff Belmonte @ Flickr
The Wealth Singularity is a point when the power of technology has become so massive that wealth and abundance becomes ubiquitous.
The theory is based on the works of leading futurists like Ray Kurzweil and Vernor Vinge, who believe that the exponential growth in computing power will lead to a Singularity. Technology, whether it’s the wheel or the personal computer, also leads to a leap in productivity and the ability to generate wealth.
That Singularity may be closer than you think.
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Accelerating Technology, Investing, Money, Online Investing AI
ebook, Money, rich, technology, wealth, wealth singularity
shioshvili @ Flickr
This isn’t New Agey hocus-pocus, necessarily.
This is reality.
The things you think about. The things you believe. The things you read and watch. The things that make you confident and the things that make you fearful are the very foundation of wealth generation–on a lot of levels.
The pricing of stocks and other assets reflect beliefs about their value. These beliefs aren’t just the thoughts and opinions of analysts and big-time market movers, they reflect your ideas, too. Now, your personal belief may just represent a fraction of that price, but when merged with the collective sense, you have mass market psychology.
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Internet, Investing, Money, Online Investing AI, US Economy
belief, beliefs, indexes, information, market, Money, stock market, wealth
Stafan Baudy @ Flickr
Personal finance is really about asking the right questions.
Should you buy and hold? Should you sell and walk away?
How much should you save?
How much should you spend?
What’s the best investment?
Unfortunately, I don’t have the answers to all those questions–but a lot of smart bloggers and columnists do. And I’ll let them do the talking in this week’s edition of Weekly Wisdom.
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Business Strategy, Internet, Investing, Money, Online Investing AI, Success
Investing, Links, Money, personal finance, questions, roundup, saving, wealth
I think Warren Buffett is an interesting guy.
I admire him. I read a few books that were written by him or about him. I believe–at least for my long-term holdings in my portfolio–that the Intelligent Investor, written by Buffett’s mentor, Benajamin Graham, is a must-read.
Over the years, I’ve had some disagreements with Buffett, but nothing to stop me from sitting down and having steak with him.
But there’s one thing that would: paying a million dollars for that steak.
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Dreams Come True, Investing, Money, Online Investing AI
auction, benjamin graham, berkshire hathaway, charity, dinner, investors, long term investing, Money, Warren Buffett, wealth
One day, your ability to generate wealth will be automatic and ever-present.
How can we make this assertion?
The exponential wave of technology, which is turning the globe into interconnected, untethered web of information, will eventually wash over the world of personal finance.
Those first waves have already lapped onto the shore. The tsunami, though, is building.
In this untethered world, the power of mobile financial apps are growing in power.
Here are some great apps you can use to monitor the market and, in some cases, use to trade.
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Accelerating Technology, Automated Trading, Internet, Investing, Money, Online Investing AI
apps, financial, management, mobile, Money, personal finance, tech, technology, wealth
pic by forestgladesiwander @ Flickr
OK
The groundhog was right.
Another week and another two feet of snow for some folks. More high winds, too. And don’t forget the below-freezing temperatures.
But that hasn’t chilled the aspirations for us to bring you the best blog posts and articles about how you can become financially free. From productivity tips to ways to save a nest egg, you’ll find some solid advice in this week’s collection.
So, let’s start…
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Dreams Come True, Internet, Investing, Money, Online Investing AI, Success
fiscal, making money, Money, money tips, personal financial freedom, saving money, secrets, tips, wealth, weekly wisdom
As a limited time promotion, we are giving away the first two chapters of The Wealth Singularity for free. What is the Wealth Singularity?
We believe that technology accelerating at an ever increasing pace. But that is not all that is changing. New technology is used throughout the world to make money, for both individuals and corporations.
How will Artificial Intelligence revolutionize the investing game? How are blogs, Twitter and Facebook revolutionizing the Internet? How can you achieve financial freedom without wasting a lifetime in a cubicle?
These are important questions that are answered in this eBook.
Why get left behind as other people and businesses are using new technology to cash in?
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Accelerating Technology, Automated Trading, Business Strategy, Dreams Come True, Great Books, Internet, Investing, Money, Online Investing AI, Success
ebooks, finances, financial success, learning, Money, spending, Success, the wealth singularity
is one of my favorite financial books of all time. It's an allegory about a guy who has a terrible job, and how he overcomes challenges to achieve his dreams.
