Can You Get Rich Quick From Stocks?

Can You Get Rich Quick From Stocks?

Can you get rich quick from stocks? How do investors determine which stocks are going to pay off big? The stock market has a reputation for allowing people to “get rich quick” by betting big on a stock that pays unexpectedly large returns. Unfortunately, this reputation is misleading. Although it certainly can happen occasionally—just as gambling in Las Vegas can occasionally make a person wealthy—the unremarkable truth is that get-rich-quick schemes usually fail because they hit two realities: 1) all information is public, and 2) people don’t typically undervalue their own stocks. Here is why getting rich quick off stocks

Interleaved Practice: Mixed Learning Helps Retention

Interleaved Practice: Mixed Learning Helps Retention

What is interleaved practice? How does it compare to mass practice? Which method is more effective and why? Interleaved practice is a study technique where you alternate between several topics or skills, instead of focusing on one thing at a time. Although it may seem counterproductive to study this way, interleaved practice is actually more effective than massed practice because it boosts retention and emulates real life—where you’ll encounter situations that require a mix of different skills and knowledge.  Keep reading to learn about interleaved practice and why it’s more effective than mass practice.

Feeling Agitated? Stop Fuming and Fretting

Feeling Agitated? Stop Fuming and Fretting

Do you often find yourself feeling agitated and restless? Do you get worked up over trivialities? Do you wish you could just switch off your mind sometimes so you could give at least a minute of rest? We often make life more difficult for ourselves by getting agitated and worked up about situations. Vincent Norman Peale, the author of The Power of Positive Thinking, calls this “fuming and fretting.” To gain power and live life to the fullest, we have to stop all this fuming and fretting.  Here is how to cope with agitation and restlessness, according to Peale.

Basic Economics: Book Overview (Thomas Sowell)

Basic Economics: Book Overview (Thomas Sowell)

Have you ever wondered how an economy works—how millions of people can buy and sell goods and services without a master coordinator? Why do we use money, rather than bartering our services with each other? Why do some nations prosper, while others stay poor despite vast natural resources? In his book Basic Economics, Stanford economist Thomas Sowell answers all of these questions and more. Containing no math, he instead explains intuitive principles that will help you understand how market transactions work and the effect of policies on the economy. Below is a brief overview of Basic Economics: A Citizen’s Guide

Sales Prospecting Tips From Mike Weinberg

4 Tips for Selling Yourself Successfully to Customers

Do you regularly prospect for new customers? What is the best way to approach sales prospecting? Sales prospecting kickstarts the entire sales process, yet few business owners give it the time and attention it deserves. In his book New Sales Simplified, sales expert Mike Weinberg stresses the importance of regular prospecting and provides some tips on how to incorporate it into your processes. Keep reading for sales prospecting tips from Mike Weinberg, one of the most renowned and trusted sales experts in the world.

Understanding the Economics of Financial Markets

Understanding the Economics of Financial Markets

What is the purpose of financial markets? How does a financial market (such as a market for stocks and bonds) work? Financial markets are markets specifically designed for moving and managing money. This includes stock and bond markets as well as insurance markets. What other markets do for tangible goods, financial markets do for capital—essentially, they direct it to where it can be the most productive, which, in general, is where it’s earning the highest return.  In this article, we’ll explore the economics of financial markets, explain the four basic needs they serve and discuss the common misbelief about financial

Have a Problem? Put Your Trust in God’s Hands

Have a Problem? Put Your Trust in God’s Hands

What does it mean to put your trust in God? Do you believe you can ask God a question and trust you get an answer? According to Norman Vincent Peale, the author of The Power of Positive Thinking, God will always answer if you put your trust in Him. To communicate with God, you need to state your problem, then ask for a specific answer. Believe you will get that answer and believe that right now you are gaining the power to deal with your problem. Here is how to ask God for help, according to Peale.

How to Be More Likeable: Be a Comfortable Person

How to Be More Likeable: Be a Comfortable Person

What makes a person likeable? What do you think likeable people do differently? According to Norman Vincent Peale, the author of The Power of Positive Thinking, people generally like people who are “comfortable”—others feel at ease in their presence. Another important factor in being likeable is the ability to make people feel they are important, boosting their ego in some way. Keep reading for Peale’s advice on how to be likeable.

Implicit Racial Bias: Are We All Racist?

Implicit Racial Bias: Are We All Racist?

What is implicit racism? How could you be racist implicitly, that is, without realizing it? Implicit racism refers to unconscious beliefs, ideas, and attitudes that lead to negative preconceptions of the person on the basis of their race. Unlike explicit racism, implicit racial bias is unintentional—it is a by-product of growing up in a White Supremacist society. Here is how we can challenge it by bringing our biases to light.

Lifting the Veil off Political Decision-Making

Lifting the Veil off Political Decision-Making

Why do politicians adopt policies that seem so bad for citizens? Why is it so easy for politicians to cover up their mistakes? In a popularly elected government, the incentive is to do what is popular and garners votes, even if the consequences are worse than those of doing nothing. Even worse, politicians are spending taxpayer money, not their own, so frivolous spending hurts them little. Here is a quick look at what really drives political decision-making.