Deliberate Purposeful Practice Wins the Day: Not Talent! Book Review.

  The takeaway:Deliberate purposeful practice wins the day–not talent. So say FSU’s renowned Anders Ericsson along with Robert Pool in the book Peak:  Secrets from the New Science of Expertise.  Whether you want to pen the great American novel, improve your golf game, or learn to draw, deliberate practice is the path—no talent required.  $$$ … [Read more…]

The Coronavirus and Your Nest-Egg

Black and white vintage photo of worried man at typewriter contemplating the effect of the Corona Virus on his nest-egg. picture of a stern older woman wagging her finger at a younger man in a suit about continuing care retirement communities.

The takeaway:  The Coronavirus and your nest-egg should each be treated the same way during this crisis:  maintain social distance.  Take the long view.  History shows that, in time, the market will return to its recent highs, and eventually surpass those highs.  Beware the flight to “safety.”  For now, understand basic nest-egg management principles. $$$ … [Read more…]

Book Review: Dave Ramsey’s Get-Out-of-Debt Gospel

2 black and white folded $100 bills

The takeaway:  Dave Ramsey has devoted much of his adult life to helping folks get out of debt.  His debt relief teachings seem to work.  When he branches into areas like investing, caution is required.  But if debt’s the issue, Ramsey’s the man.  Here’s a review of two of his best sellers. $$$ When Dave … [Read more…]