Imagine this scenario. The billionaire owner of a professional football team walks into the Shark Tank and makes the following pitch to the sharks: Hello, sharks. I’m building a one billion dollar stadium and I want you to kick in $500 million. For that $500 million, you will get no equity stake in my team. Nor will …
Special Note In the comments section, James from RetirementSavvy called me out on reasons 6, 7, and 8. Here’s his exact rebuke. Also, reasons 6-8 strike me more as an attempt to make political points and not real points about the value of attaining a college degree. I respect James a lot, so I naturally …
Continue reading “Eight rather than Ten Reasons Not to Get a Bachelor’s Degree”
Here’s a cheery question for you on this first day after the Fourth of July weekend: Would you rather be a financially independent black man in 1950s America or a barely financially solvent black man today? I could be wrong, but I think most people would prefer the tyranny of living paycheck-to-paycheck to the tyranny of …
Continue reading “Financial Success without Freedom is a Hollow Victory at Best”
About a month ago I penned a post that put forth the proposition that the government can’t save you from compound stupidity. In other words, if you consistently make bad financial decisions throughout your life, there’s no government program on earth that can save you from a difficult, if not miserable, life. Habits are destiny. …
There’s a reason why the United States is wealthier than Venezuela, Zimbabwe, India, and North Korea. There’s a reason why the only footprints on the moon were put there by Americans. There’s a reason why aviation, movies, radio, television, air conditioning, nuclear power, personal computers, and the internet were pioneered in America. And it’s not …