The Balancing Act: Are You Truly Diversified?

Everything in life… has to have balance.” —Donna Karan Have you taken a “30,000 foot view” of your finances lately? Is it positioned for the growth strength, stability and cash flow you desire? To help you answer that, let’s examine asset allocation and diversification through the lens of Prosperity Economics.

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Alternative Investments: Non-Correlated Assets for a Better Portfolio

“Some people don’t like change, but you need to embrace change if the alternative is disaster.”  – Elon Musk Investors have short-term memories, which is why so many cling to the stock market, even when it’s on a downward trend, or overdue for a correction. If you have lost confidence in the market, or are simply looking for WHERE you…

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Winning the Long Game of Wealth

A majority of millionaires took the “slow climb” approach to building wealth through earning, saving and investing. It shouldn’t be a surprise, but those who try to “get rich quick” rarely do.

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The Impact of Financial Mistakes

Bad financial choices might result in an immediate dollar loss, but there is a lingering impact called opportunity cost. An opportunity cost is what that money could have earned over time – had it not been lost.

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The Health and Wealth Connection

Many studies have demonstrated a relationship between health and wealth, but which begets which is a bit of a chicken-and-egg debate. Do people live longer and healthier because they have greater financial resources? Or do healthier people tend to build greater wealth?

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Financial Self-Reliance: Building Bullet-Proof Wealth

Economic self-reliance: the ability of a person, place or nation to endure successfully without additional financial support from government or other agencies. From earthquakes in Nepal, tsunamis in Indonesia hurricanes in the South, mudslides in Northwest, and drought in Africa (and now, California), it doesn’t take a weather report to convince the average person that…

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Can Gratitude Raise Your Net Worth!?

“Acknowledging the good that you already have in your life is the foundation for all abundance.”  – Eckhart Tolle, A New Earth The Emotion that Helps us Make Better Financial Choices! Gratitude is an important element to experience contentment and inner wealth. But does it have a positive impact on our financial wealth? Apparently, YES it…

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