One day as I was perusing the world wide web, I came across a posting about DRIP investments, which ran in the new blog by PWL Capital’s Justin Bender.
What caught my eye had nothing to do with DRIP investments but more about a comment made at the end of article that really got me thinking. It said:
“…Investors should be focusing their attention to more important investment decisions that are likely to have a bigger impact on overall success (such as savings rate, expenses, risk, fees, taxes, and behaviour)…”
Make no mistake, these are important factors in developing your investment ideology or strategy. However, these elements just get you into the game of investing; on their own they are not going to guarantee you will be successful. Continue Reading…
Savers almost everywhere have nearly been beaten into submission by seemingly perpetual Zero Interest Rate Policies (ZIRP) imposed by central banks around the world.
The simple connection is that when interest rates are low, there is no incentive to save money. The flip side is that low interest rates make borrowing cheap, so people raise their debt load. So, is it still worthwhile to save when interest rates are low?
The dean of personal finance writers in the United States, if not the world, is the Wall Street Journal’s Jason Zweig. In a recent instalment of his personal blog, Zweig presents many of the financial books that have influenced him and that he recommends. They include both financial books and non-financial books, which is quite consistent with the philosophy underlying this site (the Financial Independence Hub).
Several of the titles, but not all, are also in my own library. Below I list some of Zweig’s picks. All titles in red are live links to their respective listings at Amazon.com:
By the way, my own recently published Kindle e-book, A Novel Approach to Financial Independence (U.S. edition), contains a long list of many of the books in my own library. At the end is a bibliography called A Peek into Theo’s Kindle (Theo is one of the financial advisor characters in the novel). It lists roughly 75 books I recommend, ranging from Inspirational to Investing, Retirement and Entrepreneurship. As above, most of the titles include live links to the actual Kindle titles at Amazon.