Here is Why You Should Never be Realistic Again Modest Money8 Comments

The other day I attended a conference about the economic crisis of 2008 and its impact on the French economy (I am French so that kind of interested me).

The speaker basically told us that we were pretty much screwed for the upcoming decades. He showed us dozens of graph that proved that our economy was collapsing and that there was almost nothing we could do about it.

As I took a look at the audience I noticed that a lot of people were frightened. The person sitting next to me even told me that she had already accepted the fact that she would probably never retire.

I thought that it was sad but really interesting at the same time.

To me the behavior of that person as well as the rest of the audience explained clearly why so many people are financially unsuccessful today and why our economy has been stagnating for so long.

I believe that the reason is that people are too realistic and that they don’t take their chance.

When you take a realistic approach and look at the trends, of course it looks like we are heading straight for disaster but have people ever considered that it could actually be…

This entry was posted in Financial Advice, and tagged Modest Money8 Comments
By : Adam | 21 Feb 2015
Tweet this article :
Modest Money

The Best Three Books About Warren Buffett

By : Adam | 20 Feb 2015

by Andrew Black Warren Buffett is America’s wealthiest folk hero. A natural investor since his childhood enterprises selling Coca-Cola and leasing pinball machines to barber shops, Buffett grew into the most successful investor of the 20th century. To admirers around the world, Buffett seems to …

Tweet this article :
Modest Money

5 Ways to Make Extra Money with Less Time than You Think

By : Adam | 19 Feb 2015

Face it. Everyone can use some extra cash. Maybe you need to supplement your income in order to pay off some outstanding debts. Maybe you need to supplement your income in order to save more money for retirement or a large purchase. Or maybe you …

Tweet this article :
Modest Money

TransUnion’s Credit Lock App – Credit Identity Security When it Matters Most

By : Adam | 18 Feb 2015

If you are not prepared for identity theft, you are making yourself a target. It’s as simple as that. But even the most prepared consumers are not completely secure. Identity theft has a cascading effect. Once a thief has a single account password, it’ll be …

Tweet this article :
Modest Money

A Different Take on Saving Money on a Used Car

By : Adam | 17 Feb 2015

It’s personal finance 101 that you’ll always get a better deal when you buy a used car. The original owner takes the depreciation hit and you get a barely-used car for 2/3rd of the price (or less!). You can take this a step further, though, …

Tweet this article :
Modest Money

It’s Never Too Late: Retirement Advice for the Procrastinator

By : Adam | 16 Feb 2015

So you’re 40, 50 or even 60 something and realized that you haven’t done a thing to plan for your retirement. In previous years, retiring seemed like such a far off notion, that planning for it was likely pushed to the back burner. Fast-forward and …

Tweet this article :
Modest Money

The Best Books For New Investors

By : Adam | 13 Feb 2015

by Andrew Black Your very first year as an investor is the most important. The decisions you make your first year of investing will determine a lot about how you will invest for the rest of your career. Make the right choices, and you’ll be …

Tweet this article :
Modest Money
Page 2 of 12012345...102030...Last »