Archive for 'Personal Development' Category
“You get rich by saving and investing”
9 September 2009 by Christopher SuleskeWRITES the sane (what passes for sage these days) Bill Bonner:
Two generations of American economists thought the way to bring prosperity was to encourage consumption. On the face of it, the idea is absurd. Classical economists…and Daily Reckoning commentators…laugh at the idea. You don’t really get rich by consuming; you get rich by saving and [...]
What lies beneath
1 July 2009 by Christopher SuleskeGary DeMar at the American Vision blog has a good primer piece on the Judeo-Christian foundation behind free-market economics (and one can argue the secular-humanist crumbly foundation beneath socialism). Salient nugget concerning Americans of today:
The average American has only vague notions of these ideas. While most Americans would agree that stealing is wrong, they [...]
Virtue v. Talent
5 March 2007 by Christopher SuleskeCHARLES G. Koch has written an interesting book on management which I envision soon reading. What turned me onto it was this great review by Rebecca Hagelin. She quotes Koch on the notions of virtue and talent:
“Employees with insufficient virtue have done far more damage to companies than those with insufficient talent. Several [...]
Links for youths
2 March 2007 by Christopher SuleskeTHE Motley Fool, a great site no doubt, has a great piece from yore (earliest date I can find is Sept 27, 2001) which has been republished a number of times: Ten Things to Teach Your Kids About Money. Read the article for certain, but here are the 10 items:
Debt sucks.
Pay yourself first.
It’s the [...]
What is wealth?
21 November 2006 by Christopher SuleskeThis is just a question today, but something I am thinking about quite a bit. I wish for the WealthMotor to be, at its very basis, an asset for all – for me, for my family, and for whomever visits the site. I do not wish for my time here to be furthering [...]
Habits and change
21 November 2006 by Christopher SuleskeRereading a small book to which I consistently return when contemplating change in my life – The Power of Habit – I saw differently this nugget of wisdom today:
The trick isn’t in knowing what’s required to make you more successful. The trick is in knowing how to consistently do the things that are required [...]
Wherefore art thou?
13 August 2006 by Christopher SuleskeThe staff of the WealthMotor is taking a short break while we celebrate the birth of little miss Ava Lily Suleske. Photos here.
We’ll be back in late August.
Happy WealthMotoring to you.
p.s. – Jim Rogers (of Quantum Fund and commodities fame) talks almost always about his baby girl when people interview him for sage investing [...]
Budgeting through a shared vision
18 July 2006 by Christopher SuleskeI am strongly considering a budgeting service I discovered through Crown Financial Ministries, an organization whose vision I generally support. It is called Mvelopes.
Doing a little research, I determined Mvelopes is not a Crown product, rather, Crown is remarketing a product of the In2M corporation. I’m always wary of these kinds of arrangements. [...]
A Unique Debt Elimination Plan
10 July 2006 by Christopher SuleskeIf you’re in any form of debt or you know someone who is and who could benefit from eliminating his debts, you’ll be interested in this WealthMotor entry. I’m guessing this applies to every American.
I’ve been reading what’s thus far been an excellent read, Safe Strategies for Financial Freedom. One of the more [...]
Do your own thing: Part 2
7 July 2006 by Christopher SuleskeThe daily e-mails suggesting I queue up to follow Warren Buffett prompted a recent article on the WealthMotor, Do your own thing! In that vein, I recently read a piece at MSN Money titled “How to invest like Peter Lynch“. This time, however, my take is a little different.
Rather than merely following Lynch [...]