Wealthy Corner

04/25/2023

https://www.wealthycorner.com/diversification-maximize-risk-adjusted-returns/

Good investors understand the fundamentals of diversification. Clear content on the web was scarce on this topic. I did my best to make this concept easy to understand.

A failure to understand diversification can result in loss and reduce the probability of meeting your goals.

04/06/2023

https://www.youtube.com/watch?v=SmfGLYkHOF4&ab_channel=WealthyCorner

03/18/2023

I'm experimenting by covering my top-performing blog posts on Youtube. Here is the first go regarding Forced Savings.

Most fail to stick with a traditional zero-based budget where you track every dollar.

Forced savings is an alternate method to control spending. It’s a 90% solution to budgeting.

Learn about the benefits of forced savings, the psychology behind forced savings and two concrete methods to implement forced savings.

Most fail to stick with a traditional zero-based budget where you track every dollar.Forced savings is an alternate method to control spending. It’s a 90% so...

03/05/2023

https://www.youtube.com/watch?v=txlY4Ua0ZaM&ab_channel=WealthyCorner
Here is how to track investments on Google Sheets using the Google Finance Formula.

Find this Google Sheets spreadsheet for free on my blog's homepage .... WealthyCorner.com

Access this Free Google Sheets net-worth tracker on the on the homepage of WealthyCorner.com. Investment data feeds into the net-worth tracker to provide net...

03/02/2023

Financial literacy provides the best return on investment (ROI) from a wellness perspective.

Money stress exceeds health, work and relationship stress. And I see why. Times are challenging, with inflation hitting the essentials.

Some will struggle, even with strong financial management. And many will self-induce financial stress through their financial behaviours.

This data can be helpful for those who are pressured to keep up with the Joneses. The Joneses are stressed and struggling with money.

The Joneses often have a nice car and a lovely house. They also go on expensive vacations that are well-advertised on social media.

But these are poor indicators of a healthy financial situation. Except for those with massive incomes ($250k+/yr), flashy goods/services negatively correlate with wealth.

Wealth in stocks and bonds goes unseen, and debt loads are unknown.

Jake out.

02/12/2023

Dividends can be attractive, but a few misconceptions can cause (avoidable) loss.

This post covers five dividend misconceptions I've learned about over the past eight years of investing.

Such misconceptions include that a high yield is better (yield traps), that dividend-paying businesses are "safe", and the false sense of superiority of dividend income relative to capital gains income.

In this post, I cover common dividend misconceptions that burned me in the past. I hope this post helps you make better investing decisions.

12/17/2022

https://www.wealthycorner.com/index-funds-a-simple-way-to-invest-in-stocks/

Everything you need to know about stock (equity) index funds. Save time and energy with this simple investing approach.

12/10/2022

https://www.wealthycorner.com/fitness-finance/

Fitness & Finance: 8 Ways Fitness Makes You Better With Money

12/09/2022

https://youtube.com/shorts/PYbZ8Fx0dCM?feature=share

The best day's in the market have a huge effect on end-wealth. Remaining invested is the only way to capture the returns that the best days have to offer.

12/02/2022

https://www.wealthycorner.com/pareto-distribution/

- In an organization of 10,000 people, about 100 people produce 50% of the organization’s value-added work.

- At the time of writing, the largest 10 businesses make up 23% of the US Stock Market value (there are 4000+ businesses).

- In 2016, the top 1% of US families owned 38.5% of US Wealth.

These inequalities are "Pareto-distributed". Such distributions arise in various natural and human systems.

Understanding the traits of Pareto distributed systems can help you thrive in this world. Plus, it makes you a better investor.

Competence and money are similar in that they both undergo non-linear compound growth, leading to skewed (Pareto distributed) outcomes.

Read this post to learn how to operate within these non-linear environments.

Writing this post changed my perspective on the world.

11/20/2022

https://youtube.com/shorts/d0syxXGkq9M?feature=share

11/11/2022

https://www.wealthycorner.com/top-books-to-build-wealth/

Here are the books that I’ve found most helpful to build wealth. They inform much of the content on my blog.

Books are awesome. They allow you to “stand on the shoulders of giants”. A book can condense a person’s lifetime of deep thought into a 6-hour read. And books teach you lessons from painful mistakes that others have made. You just get to skip the painful failure part. Not a bad deal. Each book...