Is speculating investing? You wouldn’t confuse gambling with investing, yet many investors consider stock picking and rolling the dice on hot new stocks investing. What

Wall Street is not the darling of wealthy investors. It comes in third place among the assets preferred by the rich for allocation to their

Physicians may have upper-class incomes, but they’ll never be financially independent if they have middle-class money habits. They’ll always rely on their jobs to maintain

What is the favorite investment asset of the ultra-wealthy? Check out the chart below:   The chart above represents the asset allocation of the members

The term herd instinct refers to a phenomenon where people join groups and follow the actions of others under the assumption that other individuals have

The uncertainty and volatility of the public markets have generated significant recent interest from individual investors seeking shelter from the storm. Specifically, investors seek investments

The ultra-wealthy have long relied on private equity (i.e., investments in private companies) for recession and inflation-insulated returns. In light of recent economic uncertainty, savvy

Even though their job descriptions differ, attorneys and physicians follow similar career paths. After completing their undergraduate studies, they go to grad school, where they

Education and a high income do not constitute wealth. High-wage earners who don’t understand this die broke. Compare the cash flow patterns of the poor,

The average investor is an emotional investor – making decisions based on feelings and hunches instead of rational thought. 2021 was the year of the