Palm Beach Daily

How to Buy Happiness

Many times, the things/experiences that give us the greatest joy are free. But oftentimes, money is involved. And when that’s the case, we have to weigh the cost of the thing/experience against the pleasure we will get from it. One example: owning a home… In my book Automatic Wealth, I argued that one of the […]

This is the shockingly simple way to invest $100,000 less than your neighbor… and still come out 60 grand richer

Never underestimate the sheer power of compounding… The chart below shows the paths of three stock investors: Chris, Bill, and Susan. Each of them invests $5,000 per year in the exact same hypothetical investments that yield the exact same rates of return. The only difference among the three investors is time. As you can see, […]