Wonder what happens when you make a claim for a jewelry loss and what Kim Kardashian might experience? I had the unfortunate experience of having jewelry stolen from my home. Although I usually keep it locked away in a safe, I unpacked my bag and threw the silk pouch with a Tahitian pearl necklace, earrings and ring into my drawer…
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Are you hanging out with people who will make you richer?
Recently I was on vacation with some friends exploring the coast of California at Newport Beach. There’s a nearby neighborhood we visited called Balboa Island. Because of Balboa’s location, a home here costs many millions of dollars, even if it’s a small home. We saw prices ranging from $3 million to $8 million, which is thousands of dollars per square…
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Is it time for silver’s price to bottom out soon?
The cycles are right on time and it looks like the final bottom may be coming soon for silver. If you’ve been following me for a while or listening to the Be Wealthy & Smart podcast, you know I’ve been following silver and the billionaires who have called it the “investment of the decade.” There was a major high a…
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5 Easy Steps to Make More Money
What’s your plan to increase your income this year? I don’t know about you, but I feel really excited about this year. There are a lot of positive things happening and I can tell this is going to be a big year! What are you doing to make this YOUR big year? Remember, if you want more money, you have…
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Warren Buffett Likes Brands for Wealth Building Too!
Consumer brands and wealth building go together – even Warren Buffett, thinks so! Buffett, a savvy investor with a fortune of $50 billion, says companies with strong brands are the kind of companies he likes to buy. For decades, he’s been espousing the virtues of companies with strong consumer brands and investing in such companies has helped make the octogenarian…
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What Emotions Are Underlying Credit Card Debt?
I decided to write an article with the viewpoint that your mindset affects your debt. Most financial writers focus on how to pay off the debt…you know, the stuff like: spend less than you make, pay off your credit card each month, pay off the high interest rates first (or the low balance first if you follow the debt snowball),…
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Women and Money
Recently, I came across 6 startling statistics about women and money. They’re not new statistics, in fact, they’re a few years old, but I haven’t heard most of them. I was surprised at what they reveal about how women think about money. Here’s what I mean: 1. When asked, 70% of men in one UC Irvine study felt they were…
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Think You Can’t Learn From Billionaires?
If you were just learning to play tennis, would you want to learn from another beginner or from a pro? You’d probably make a lot more progress with the pro, right? It’s the same thing with money. You always want to learn from experts who are successful and who have accomplished what you want to do. Sometimes people say they…
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Why Women Investors Abandon Financial Advisors
Recently I read an article that said “women in the U.S. control $5 trillion of wealth…yet multiple studies and surveys have found that the financial-services industry has failed to engage its female clients, or even understand them.” And worse, “70% of widows leave their financial advisor within months of being widowed.” Seventy percent! The reasons why this is true were…
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5 Ways to Develop a Prospect List for Your Business Using Social Media
You can gather prospective clients and start marketing to them by using social media in your business. It is a good idea and it’s more cost-effective than ever. Yet many traditional businesses don’t leverage social media to promote their business. Why? Predominantly three reasons: 1. Lack of knowledge Businesses are typically good at what they do and their core business…
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