Capitalist vs. Consumer

 
capitalistVsConsumer.jpg
 

The simple difference between a capitalist and a consumer is that — a capitalist will invest his wealth to appreciate in value — whereas, a consumer will buy things that depreciate in value. Creating value is one of the most important things in a modern, and dynamic economy. Wealth creation happens when one invests money in value appreciating assets!

To learn more about stories on creating value for yourself and others check out my book, From Monk to Money Manager: A Former Monk’s Financial Guide to Becoming a Little Bit Wealthy---and Why That’s Okay

Fiduciary Duty

FudiciaryDuty.jpg
ESGFudiciary.jpg

When investing, you need to protect the future you are investing for!! Traditional fiduciaries only balance Risk, Return, and Cost. That’s an unstable platform. You want an ESG Fiduciary™ who will balance Risk, Return, Cost, and ESG (Environmental-Social-Governance) concerns! This strategy can produce higher expected returns while helping build a more sustainable economy. ESG investing isn’t just a feel-good issue, it’s a better way to invest!

To learn about sustainable investing, check out my book, From Monk to Money Manager: Why It’s Okay to Be a Little Bit Wealthy—And How to Make It Happen.

Market Rollercoaster

 
Always Broke.jpg
 

The hardest task for most investors is managing their emotions. Investing in the stock market is often a wild ride with unexpected dips, turns, and loops, but the rewards for long-term investors who stay on the ride are impressive.

To learn about the secrets to managing your emotions around money, check out Chapters 4 and 5 of my new book, From Monk to Money Manager: Why It’s Okay to Be a Little Bit Wealthy—And How to Make It Happen. You can pre-order it now on Amazon.com.

Wealth Pyramid

 
pyramid.jpg

Ever thought about how to build your stock portfolio? This week's cartoon illustrates the levels to consider when building a robust equities portfolio based on my philosophy that investing for the future while destroying the future makes no sense. It helps to read the Wealth Pyramid from the bottom up.

To learn more about building a portfolio, please check out my book: From Monk to Money Manager: A Former Monk’s Financial Guide To Becoming a Little Bit Wealthy —And Why That’s Okay .

 

Annuity Abuse

 
annuityContract.jpg

The annuity contracts sold to many teachers are among the most abusive and predatory financial products out there. Annuities are like a root canal — when you need one, you really need one, but they aren’t a DIY project. Never sign an annuity contract without an independent, fee-based fiduciary review!

To learn more about investing, please check out my book: From Monk to Money Manager: A Former Monk’s Financial Guide To Becoming a Little Bit Wealthy —And Why That’s Okay .

 

Stupid Spending

 
Stupid Spending.jpg

Money stress is one of the leading causes of divorce. If you and your partner have radically different money values, maintaining a healthy, long-term relationship will be difficult. Shared money values are as important as shared spiritual values.

Click here to order my first book and discover how to fix your relationship with money: From Monk to Money Manager: A Former Monk’s Financial Guide To Becoming a Little Bit Wealthy —And Why That’s Okay .

 

The Estate Planner

 
Estate Planner.jpg

Finance touches on every aspect of our lives. I've had more emotionally intimate conversations over a financial plan than I ever had in a confessional. It's important and heroic work. We need more fiduciaries! #fiduciary #financialplanning #money #EstatePlanning

Click here to order my first book: From Monk to Money Manager: A Former Monk’s Financial Guide To Becoming a Little Bit Wealthy —And Why That’s Okay .