The Slight Edge

Gen Y Finance Guy Words To Live By 4 Comments

The Slight Edge is by far the best book I have ever read (so good that I just read it for the 5th time). It literally is the handbook to success regardless of the endeavor. It is a philosophy that has and will stand the test of time. This is the “Holy Grail,” if there ever was such a thing. Below is a diagram that Jeff Olson, the author, created that beautifully captures the entire philosophy. The Slight Edge is about leveraging the power of compound effort. It works in finance just as well as it works in fitness or relationships or business. The Slight Edge works for you when you practice simple disciplines consistently over time. And it works against you when …

The True Financial Death!

Gen Y Finance Guy Financial Freedom, Words To Live By 2 Comments

Do the thing, get the power. – Ralph Waldo Emerson It’s the day after Christmas and I find myself at a Starbucks at about 5:45am, while my wife and family are still sleeping for another couple of hours. We are just passing through for the night on our way to Bryce National Park. I was absolutely amazed how many people were here on Christmas night when we were checking into our rooms. So many people sucked into the casino to gamble away their hard earned dollars in hope of that big payday. Little do many of these people know,  the payday that they are hoping for will never arrive. I long ago realized that the casinos are in this business …