July 24, 2018

Handling Bad Decline Days

Here’s a typical scenario to test you and your resolve as an investor. Right in the middle of the day, you have a free moment and decide to take a look at your holdings. Because stock info is virtually instantly available these days, after a few clicks, you quickly find out your precious portfolio is down and showing a big loss!

Your reaction may well determine how you will fare as a long-term investor. Your initial sentiment may be a little sluggish and it’s ok as long as you don’t panic and sell. If it makes you feel dizzy and you get sick, maybe stock investing is simply just not for you.

So, the relevant question would be. On paper, would you be willing to deal with a 1000$ loss for the current day? We would, and we are as it often means we will be making much more in the long run.

Our reaction seems easy and simple, but it may not be the case for most investors. Maybe it would be a good idea not to look if you can’t manage your emotions and don’t have the stomach for it. Roller coasters can be a lot of fun for some people but a nightmare for others.

July 12, 2018

12 Suggestions to Reduce Telecom Expenses

In this digital era, where everything now seems to be connected one way or another, we profusely consume telecom services. For most of us, they are a given of our modern life. We pay for them little by little or systematically get charged every month. So, without really noticing it, these convenient connected services can cost a lot of money.

Because we often incur recurring monthly fees to enjoy them, the financial impact of telecom services may even be more important than you think. As we already talked about, Reducing Recurring Expenses is A Great Strategy to Save. In fact, it could immensely help you build wealth. As previously mentioned, saving only 10$ each month could translate into a couple hundred thousand (not just a couple 100$ or 1K$ but rather, a couple 100K$) dollars more in your pocket over your lifetime. Just imagine the impact of a monthly saving of 25$, 50$ or even 100$.

In the end, this type of simple recurring savings could even make you a millionaire or prevent you from becoming one. That’s why we believe trying to reduce your monthly recurring telecom bill is a great idea for your long-term financial wellbeing.

We don’t have all the answers about it. We will try to stir up the discussion or help start your reflection by providing and commenting a list of ideas to deflate your telecom costs. There sure exist a lot of different opportunities to save or avoid unnecessary expenses in the telecom realm. Note that the list is not exhaustive and is presented in no particular order.

July 03, 2018

12-Minute Principles (Revisited)

The 12-Minute Series was originally posted in 2012.

We’ve decided to republish it integrally because we believe it can still help as everyone aspires to make things better.

Let’s hope it stirs up the discussion and stimulates you to change the world 12-Minute at a time!

This article was originally posted on December 12, 2012

There's more to the 12-Minute Approach than great number 12. Some principles and premises also inspire this revolutionary method.

They are exposed here with some brief explanations:

1-Realize Your Dreams  

Having dreams is essential. Dreams give life a meaning. They give you a purpose and a sense of direction.

Planning to realize your dreams is also important. By setting goals and making plans, you’ll move closer to your dreams.

Your unconscious and intuition will guide you thru the venture even if you don’t possess all the details right now.