- Moneycessity Newsletter
- Authors
- Brian Glass
5 Things To Avoid If You Want To Be Rich
Understanding wealth creation is more nuanced than mimicking the lifestyle of the wealthy. We will explore five major wealth traps that can hinder financial growth. We delve into the importance of compounding, diversifying investments, and continuous personal and professional growth.
Are Annuities a SCAM and Should You Get One?
Annuities receive A LOT of hate online, but is it really justified? Various types of annuities claim to solve different issues that a portfolio might face in retirement. I researched what actually goes wrong in retirement and whether or not the annuity is the right tool for the job.
Why Do People Sell Stocks Too Early?
We are plagued by cognitive bias when navigating the investing world. Making the big decisions when an investment is way down or way up is a recipe for disaster. We cannot eliminate our biases completely, but there are steps we can take to mitigate the damage.
4 Money Games RICH People Keep to Themselves
What exactly are the rich doing differently from the rest of us? The game of wealth-building is fraught with obscure rules and tactics. But, in the age of the internet and AI, anyone can gain access to the knowledge and leverage that the rich use to build wealth and keep it.
4 SIMPLE Investing Rules the TOP 1% INVESTORS Swear By
The most famous investors of all time have varying thoughts on "correct" investing. Many will directly contradict each other on certain ideas or strategies. However, there are 4 core investing principles where the best of the best completely agree.
How to Recover from a Huge STOCK LOSS
How to reduce financial risk and potentially benefit from failed investments? I am sharing a personal story about losing significant money on a certain SPAC and the underutilized, easy, and effective strategy for managing investment losses. I will also share specific scenarios where this approach works well and examine situations where it may not.
How Elon Musk Convince TESLA Shareholders to Pay Him $55.8 Billion Salary
If you have Tesla stocks, you might have heard about the court case regarding Elon Musk's $55.8 Billion pay package as CEO of Tesla. Is this amount justified and will you be affected as a shareholder? After reading through all of the court cases and all of the pay packages that Musk ever received, and then also looking into whether the Board of Directors and Compensation Committee are honest and loyal to Musk, I have formed an opinion and I'm sharing all about it today.
How I Plan to Become FINANCIALLY FREE With Cannabis Stocks
Joe Biden has just confirmed that the DEA is moving to reschedule cannabis from a Schedule I drug with the most restrictions to a Schedule III drug. Cannabis stocks are ripe for 100+% gains but not all cannabis companies are in the same boat. There are 3 stock tickers that stand out above the rest for me, which I want to get into because all 3 have different catalysts that could result in them popping off.