The World's Best Book Summaries
What is a retirement annuity? What are the pros and cons of retirement annuities? An annuity is an insurance contract that offers you regular payments for the rest of your life. There are pros and cons of retirement annuities, and understanding them will help you to make the best decision for yourself. Keep reading for our retirement annuity pros and cons list.
Why is it important to be grateful? What are some examples of gratitude in the bible? Remaining grateful no matter what life throws at you is one of the hardest—and most rewarding—things you can do. Use our recommended readings about gratitude in the bible to inspire a feeling of thankfulness despite life’s difficulties. Keep reading for some powerful examples of gratitude in the bible.
Do you want to know how to avoid paying taxes? What methods can stop you from paying unnecessary taxes on investments like pensions and college tuition? With the surfeit of tax-advantaged retirement plans and investment alternatives on offer, there is simply no good reason you should pay taxes on investment earnings for retirement or expenses like college tuition. Understanding how to avoid paying taxes in certain areas will inevitably save you money. Keep reading for tips about how to avoid paying taxes on certain investments.
What is tax loss harvesting? How does this help investors to defer taxes? Tax loss harvesting involves selling stocks at a loss and replacing those stocks with similar stocks, to pay less in taxes. Implementing this method means investors can defer their taxes while maintaining the risk/return rate of their stock portfolio. So, what is tax loss harvesting? Keep reading to find out.
Why is it important to spend time alone with God? What are the key benefits? Silent communion with God gives you a chance to clear your mind, consider what’s really important in your life, and practice gratitude. With busy schedules and crammed calendars, it’s easy to forget the importance of time alone with God, but it should remain a priority. Here are some good reasons you should prioritize time alone with God.
Do you want to know how to decide what stocks to buy? What are three crucial strategies you should know about? One of the most difficult decisions an investor has to make is how to decide what stocks to buy. But, with approximately 2,800 companies listed on the New York Stock Exchange, where does one start? Economist Burton Malkiel recommends three strategies for picking stocks: The “autopilot” strategy, the “interested-and-engaged” strategy, and the “trust-the-experts” strategy. Find out how to decide what stocks to buy below.
What do you think is more important—talent or perseverance? Can talent overpower grit? Psychologist and author Adam Grant believes that grit is more important than talent when it comes to determining someone’s potential. Someone can have all the talent in the world but if they don’t have the determination to develop their skills, then they’ll never improve. Here is why grit is more important than talent, according to Adam Grant.
Are you looking for a guide to investing by age? How should your investing strategy change as you age? Age may just be a number, but it’s vitally important when deciding how to allocate your investments. For example, someone in their twenties will have completely different priorities and considerations than someone who is retired. As such, it’s important to consider investing by age recommendations. Keep reading for our complete guide to investing by age.
Do you feel the urge to keep eating even if you don’t feel hungry anymore? Why do you think that is? Why does it seem like other people have natural limits and you just can’t stop? In his book The Hacker’s Diet, John Walker introduces the concept of the “eat watch.” Some people’s eat watch tells them when they’ve eaten enough and when to stop. However, some people have broken their eat watches which is why they don’t alert them when they’re eating over the limit. Keep reading to learn what to do if your eat watch is broken.
What does it mean to be extrinsically motivated? Why are materialistic people vulnerable to depression? You are an extrinsically motivated person if your sense of fulfillment in life comes from reaching external milestones like acquiring material things, climbing the corporate leader, social recognition, and so on. An overreliance on extrinsic motivation can lead to depression because the joy you get from material things is always short-lived. Read on to learn more about the dangers of being extrinsically motivated.