Money Do Rich People Get Rich at the Expense of Others? Written by William G. Hill April 18, 2020April 28, 2021 Generally speaking, people get rich by providing a valuable product or service to other people. If a doctor sets your broken bones for a fee, who is benefited?
Money Secrets to Investing Like Millionaires – Successful Investing Tips Written by William G. Hill April 16, 2020October 10, 2021 When I was in the Wharton School of Finance (many decades ago), a topic that came up was the “risk-reward ratio.” This common idea was and still taught is that if one took a big risk of leveraging and losing all their money, they could either A) lose it all or B) have a very big return — if th
Money Do the Attractive Returns of Stock Market Indexes Reflect the Reality? Written by William G. Hill April 3, 2020August 23, 2020 Stock Market Indexes like the Dow Jones & DAX are good for brokers and others promoting stock market investing, but they do not reflect reality.
Money Do Wealthy People Get Deceived by Under-performing Money Managers? Written by William G. Hill April 1, 2020September 18, 2020 Why do many wealthy people get deceived by expensive, under-performing money managers who charge high fees but deliver inferior performance compared to cheaper passive investment funds?
Money What Will Be the Price of Gold 10 Years from Now? Written by William G. Hill March 30, 2020September 18, 2020 First of all, any predictions about anything are just guesswork. But an intelligent person who is well informed about any subject can make much better guesses than some “know-nothing.” Thus, here are the factors that I would consider before making my guess. The price of gold in the future depend
Money What Assets Do Wealthy People Have? Written by William G. Hill March 29, 2020April 28, 2021 I may come back to the toys, investments, and hobbies that people with inherited wealth enjoy, but I will start with the mental assets of those who actually made their fortunes on their own. Because of inflation, inherited money people (who did not pitch in to help grow the family business or fortun
Money How Can I Make Money by Understanding Business Cycles? Written by William G. Hill March 26, 2020April 28, 2021 You can make money by being an entrepreneur who is the first mover. You start the cycle. Never come in at the tail end. The bitcoin bubble may have ended. Was it a temporary glitch or will it go the way of the dot com bubble or the Tulip Craze? Time will tell.
Money Can You Make It in America? Written by William G. Hill March 21, 2020January 24, 2021 Could Bill Gates have become the richest man in the world had he lived all his life in Africa, which frankly speaking, is one of the hardest environments to live in?
Money How To Become Financially Independent Written by William G. Hill March 5, 2020October 5, 2020 I made money in real estate by looking at thousands of properties and making a lot of low-ball offers and “no money down” deals.
Money Should I Invest in Bitcoin? Written by William G. Hill February 25, 2020August 23, 2020 I got $100 worth a while back. I may well be wrong, but I don’t think Bitcoin will even be around in 20 years, though the Blockchain will certainly revolutionize the financial world in ways we can’t predict.
Money What Will Happen If You Take Away the Money of the Rich and Redistribute It? Written by William G. Hill February 21, 2020August 23, 2020 It depends on who does it and why? If you just confiscated their assets and redistributed all the wealth taken from the top 1% you wouldn’t be doing anything new.
Money Do People Who Read “Make Money” Books Benefit from Them? Written by William G. Hill January 16, 2020August 23, 2020 Have you ever made any money by taking the advice of a book on making money? Yes! I got some value out of purely inspirational books like “How to Make Friends & Influence People” and “The Power of Positive Thinking.”
Money How Bankruptcy Works – Europe vs the US Written by William G. Hill January 7, 2020August 23, 2020 Bankruptcy laws were not made to allow some people to rob or cheat other people. It may seem that way to those who are indeed left empty handed when someone you trusted with your money or labor is legally released from their debt to you. How can this happen?
Money The Difference Between an Amateur Trader and a Professional Trader Written by William G. Hill December 2, 2019August 23, 2020 The sad fact is that the vast majority of what I’d call the newbees or Unwashed Masses are suckered into trading by newsletter writers, chart sellers, and others who portray trading in stocks or commodities as a sure thing.
