PinnedMeet Personal Finance Writer, Ben Le FortWhere you can find my best work. — 3 ways you can follow my writing in 2022 #1 —Get notified when I publish a new article. #2 — Subscribe to my weekly newsletter and have a bonus article delivered to your inbox. #3 — Pick up a copy of my book, “The Financial Freedom Equation.” Bonus: Follow me on Twitter for bite-sized financial tipsMoney1 min readMeet Personal Finance Writer, Ben Le FortWhere you can find my best work.3 ways you can follow my writing in 2022#1 —Get notified when I publish a new article.#2 — Subscribe to my weekly newsletter and have a bonus article delivered to your inbox.#3 — Pick up a copy of my book, “The Financial Freedom Equation.”Bonus: Follow me on Twitter for bite-sized financial tips----9
Published in Making of a Millionaire·1 day agoRich Dad Wants You to Invest in Cans Of tunaThe worst investment advice I’ve heard in 2022 — Some people will say anything to remain in the spotlight. Often “saying anything” involves trying to scare the crap out of you and making outrageous claims without a shred of credible evidence to back up their claim. Too much of the discourse — particularly when it comes to investing —…Money4 min read
2 days agoThe Best Things I Wrote, Read & Listened To This Week4 Misunderstood Concepts In Personal Finance — Trying something new, each Sunday, I’ll share the best thing I wrote, read, and listened to over the past 7 days. Since I am a finance writer, these roundup posts will mostly focus on financial content, but I do love sports and movies, so sometimes I’ll throw in non-financial links…Money2 min read
Published in Making of a Millionaire·6 days agoThe 4 Dumbest Arguments Against Investing in Index FundsData > Narratives — Jack Bogle and Vanguard basically solved investing for us decades ago. Invest in low-cost index funds that buy the entire stock market, and basically forget about your portfolio until retirement until you one day wake up and discover you're rich. That's why with next to no marketing spend — there…Investing5 min read
Published in Making of a Millionaire·Jun 21No, You Should Never Mortgage Your House to Buy BitcoinDebt + volatility = financial disaster — If Bitcoin hopes to survive its current meltdown, it needs much better spokespeople. Bitcoin is a faith-based asset — it has no intrinsic value. The only reason the value of Bitcoin has ever gone up is that more people became interested in buying Bitcoin. This creates an incentive for early…Bitcoin4 min read
Published in Making of a Millionaire·Updated 4 days agoNo, 33% of Americans Making $250,000 Are Not Living "Paycheck To paycheck"The upper-middle class has no idea what living "paycheck-to-paycheck" actually means — The financial media feasts on the inflation narrative. The latest installment in the inflation gaslighting is this absurd headline from Bloomberg "One-Third of Americans Making $250,000 Live Paycheck-to-Paycheck, Survey Finds." In this article: No, 33% of people making $250,000+ are not living paycheck to paycheckMoney4 min read
Published in Making of a Millionaire·Jun 14How Wealth Allows Us to Act FearlessBreaking the myth of the “Fearless” entrepreneur — Here’s a narrative I want to smash into a million pieces; entrepreneurs are “fearless,” and anyone who stays at a 9–5 job long-term is a “sheep.” I write about money, so I spend a lot of time on LinkedIn and “Money Twitter.” …Entrepreneurship4 min read
Published in Making of a Millionaire·Jun 9Are Rising Interest Rates A Death Blow For Stocks?How stocks have performed after rising interest rates — The financial media feasts on narratives about interest rates. This is particularly true in rising interest rate environments where financial conditions tighten and investors get nervous. …Investing3 min read
Published in Making of a Millionaire·Jun 6Friends, Don’t Let Friends Buy Small-cap Growth stocksWhat you need to know before investing in small-cap stocks — The financial media focuses so intensely on giant companies like Amazon and Apple that many people believe owning these big names is the only way to succeed as an investor. What if I told you, it’s possible to outperform the big names by investing in smaller, lesser known companies? Small-cap…Investing4 min read
Published in Making of a Millionaire·Jun 2Here's Why Economists Don't Love Student Loan ForgivenessThe regressive nature of helicopter money — Do you think it's a good idea for the government to give $10,000 to real estate investors to compensate them for the high cost of rental properties? No? Then you shouldn't be a fan of the student loan forgiveness policy the Biden administration is reportedly considering. The Biden administration is…Economics4 min read