investing Archives - The Millionaire Next Door

Help Wanted? An Interview Guide for Hiring Financial Professionals

1 Comment / Current Events, Lessons Learned, Mentor's Corner / By Sarah Fallaw

Amid any chaotic market or environment, many of us will seek professional advice, especially when it comes to achieving financial goals. Companies like Fidelity are hiring new staff and advisors to take on the increase in prospective clients who now want financial advice. We have anecdotal evidence of this increase at DataPoints, where many advisors have …

Help Wanted? An Interview Guide for Hiring Financial Professionals Read More »

The Household CFO: Success Factors & Leading Through A Crisis

4 Comments / Current Events, Psychology and Careers, Studying the Wealthy / By Sarah Fallaw

Leading a household through a global pandemic is not a role most of us anticipated having during our lifetimes. Working from home alongside a makeshift school or managing household duties in addition to virtually caring for loved ones is only part of the changes many households are finding themselves experiencing. The new configuration of life, …

The Household CFO: Success Factors & Leading Through A Crisis Read More »

Stocks: Not the Only Bull Market

7 Comments / Mentor's Corner / By Thomas J. Stanley

A recent newspaper headline proposed that “the best way to get rich is the stock market.” Building wealth via stocks or other investments is akin to growing trees. You can’t grow oak trees if you don’t have enough money to buy acorns. So, suggesting that the stock market leads to wealth is putting the cart …

Stocks: Not the Only Bull Market Read More »

Part-time Hobby, Full-time Wealth

1 Comment / Mentor's Corner / By Thomas J. Stanley

Wall Street recently lost one of its greatest investment gurus, Dr. Martin Zweig. His obituaries were published prominently in both The Wall Street Journal and The New York Times. His accomplishments were many. On the Friday before the Monday stock market crash of 1987 he predicted “crash” on TV’s Wall Street Week program. Also The Zweig …

Part-time Hobby, Full-time Wealth Read More »

A Bitter Lesson

3 Comments / Current Events / By Thomas J. Stanley

From the news reports that I have read about the Madoff scandal, most of the people who were highlighted lost all or nearly all of their wealth through investing with Mr. Madoff. What if these same clients had an investment portfolio similar to that of the typical millionaire in America? Then less than 30% of …

A Bitter Lesson Read More »

The Millionaire Next Door

BLOG

investing

Help Wanted? An Interview Guide for Hiring Financial Professionals

The Household CFO: Success Factors & Leading Through A Crisis

Stocks: Not the Only Bull Market

Part-time Hobby, Full-time Wealth

A Bitter Lesson

FOLLOW

SUBSCRIBE

SEARCH