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Ben Le Fort
Ben Le Fort

84K Followers

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The Investor's Mindset
The Investor's Mindset

Whether you're an investment veteran or just starting out, this collection of concise finance lessons will teach you how to invest your money and build wealth.

2023

·
Ben Le Fort
Ben Le Fort

Stories

Published in

Making of a Millionaire

·17 hours ago

Average People Have the Quiet Advantage to Be Rich

Plus a dead simple way to save money and learning from investing mistakes — Hi, My name is Ben Le Fort, creator and editor of Making of a Millionaire, a publication dedicated to helping you use money to live your best life. This is a reprint of the weekly MOAM newsletter. If you want to receive more of these roundups, you can sign up…

Money

3 min read

Average People Have the Quiet Advantage to Be Rich
Average People Have the Quiet Advantage to Be Rich
Money

3 min read


Published in

Making of a Millionaire

·4 days ago

How to Achieve Ambitious Savings Goals Based on Behavioral Science

I created an automated system to help you crush your savings — The average person has more than 6,000 thoughts per day — or 6.5 thoughts per waking minute. With that much thinking, it’s a miracle we can stay focused enough to remember any non-essential task. Our easily distracted minds are a major reason most people fail to stick with their savings…

Money

3 min read

How to Achieve Ambitious Savings Goals Based on Behavioral Science
How to Achieve Ambitious Savings Goals Based on Behavioral Science
Money

3 min read


Published in

Making of a Millionaire

·6 days ago

Why Aggressive Budgeting Hurts Your Happiness

Plus five tips on guilt-free spending — We’ve all experienced how painful it is to get paid on Friday, blow our entire budget by Monday, and wait 12 more days until payday. This is an extreme example of “the bottom dollar effect,” which describes how spending the last dollar you had budgeted diminishes your enjoyment of whatever…

Money

5 min read

Why Aggressive Budgeting Hurts Your Happiness
Why Aggressive Budgeting Hurts Your Happiness
Money

5 min read


6 days ago

The Canadian Weed Stock Bubble and the Dangers of Investing in Your passions

If you’re excited about what you’re investing in, odds are it’s a bad investment. — Don’t let your money die so you can express your beliefs. That’s what most investors do when they buy so-called “thematic” ETFs. Thematic investing is a bit of a squishy term but generally refers to a fund that invests in companies that some think will benefit from societal and technological…

Investing

4 min read

The Canadian Weed Stock Bubble and the Dangers of Investing in Your passions
The Canadian Weed Stock Bubble and the Dangers of Investing in Your passions
Investing

4 min read


Published in

Making of a Millionaire

·Sep 24

Will You Ever Save $1 Million?

Plus, living your dreams as an average person and how to prevent money from damaging your mental health — Hi, My name is Ben Le Fort, creator and editor of Making of a Millionaire, a publication dedicated to helping you use money to live your best life. If you want to receive future editions of this newsletter, you can sign up right here to keep getting them every Sunday.​ Quote Of The Week …

Money

3 min read

Will You Ever Save $1 Million?
Will You Ever Save $1 Million?
Money

3 min read


Published in

Making of a Millionaire

·Sep 21

A Counterintuitive Way to Save More Money: Make Spending as Painful as Possible

Modern life has made it far too easy to spend money — Opportunity cost is one of the most important concepts in economics — and many people ignore it. Put simply, opportunity cost is the potential gain we give up by choosing one option over another. Most people think of opportunity cost in the context of investing; How much money is given…

Money

4 min read

A Counterintuitive Way to Save More Money: Make Spending as Painful as Possible
A Counterintuitive Way to Save More Money: Make Spending as Painful as Possible
Money

4 min read


Published in

Making of a Millionaire

·Sep 19

9 Money Rules You Can Adopt To Reduce Financial Stress

#9- Give back to causes that make the world a better place — How much money we have and how we choose to use our money dictate many of our day-to-day decisions; Where we live What we eat How we entertain ourselves Money plays a role in nearly every decision we make. If you have high levels of stress in your life, there’s…

Money

6 min read

9 Money Rules You Can Adopt To Reduce Financial Stress
9 Money Rules You Can Adopt To Reduce Financial Stress
Money

6 min read


Published in

Making of a Millionaire

·Sep 17

They Traded $1,800 Rent For A $4,150 Mortgage, Now They’re ‘Having Panic Attacks’

Plus, how credit card companies get you to overspend and see yourself as a growth stock — Hi, I am Ben Le Fort, creator and editor of Making of a Millionaire, a Medium publication dedicated to helping you use money to live your best life. This is a reprint of the Making of a Millionaire Weekly Review — A newsletter roundup of the most impactful recent stories…

Money

3 min read

They Traded $1,800 Rent For A $4,150 Mortgage, Now They’re ‘Having Panic Attacks’
They Traded $1,800 Rent For A $4,150 Mortgage, Now They’re ‘Having Panic Attacks’
Money

3 min read


Published in

Making of a Millionaire

·Sep 14

Debunking the Myth of “Average” Stock Returns

The road is a lot bumpier than it looks like in a spreadsheet — If you’re going to invest in the stock market, you need to accept an inescapable truth: There is no such thing as an “Average year” in the stock market. You’ve heard financial advisors and writers say that the historical long-term returns in the stock market have been around 10% per…

Investing

4 min read

Debunking the Myth of “Average” Stock Returns
Debunking the Myth of “Average” Stock Returns
Investing

4 min read


Published in

Making of a Millionaire

·Sep 12

Fear: The Media’s Best Friend but an Investor’s Worst Enemy

Does a recession mean the stock market will crash? — Here’s what might be the most damaging sub-genre of the “Are we in a recession headline” that the media shoves in our faces every day: “Here’s how to invest your money for the upcoming recession” I roll my eyes at these types of articles for three reasons. It presumes that…

Investing

4 min read

Fear: The Media’s Best Friend but an Investor’s Worst Enemy
Fear: The Media’s Best Friend but an Investor’s Worst Enemy
Investing

4 min read

Ben Le Fort

Ben Le Fort

84K Followers

Book Author

Editor of Making of a Millionaire. Author of “The Investor's Mindset." Here's my Substack: https://benlefort.substack.com/

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