This Important Investing Lesson Triggers Pain AND Pleasure

Investing Pain or Pleasure?

Investing Pain or Pleasure?The final step of the Financial Woman Grow Your Money method is becoming aware of trends. While this step is a bit more complex than the other steps, what I have learned is that you cannot accumulate wealth if you miss this step. I have learned firsthand that this lesson can be painful! This step keeps you from investing your money at the top of a market and then selling at the bottom of a market. It seems like this would be easy, but it is one of the most common mistake investors make. By simply developing an awareness of the cycles in the financial markets, … [Read more...]

Investing Insights Gained from AWC

As a money coach, I have learned that most life lessons are also investing lessons, and I am always interested in seeing how the two intertwine.  Recently, I attended the Austin Women in Communication luncheon where life lessons were abundant, as savvy entrepreneurs Melinda Garvey, co-founder of Austin Woman magazine, Lorie Marrero, founder of Clutter Diet and Patti DeNucci (who I keep bumping into!), founder of DeNucci and Company were interviewed about overcoming fear. Let me share a few insights I gained from these remarkable women over the next few articles and how they relate to … [Read more...]

Women and Investing Aha Moment

Recently I had an "aha" insight about women and investing when I had the oil changed in my car. The only reason I brought myself to finally have it done was because I was driving to Houston the next day with my sons, and I wanted everyone to be safe. While I was at the car service shop, I looked at my tires and noticed that they needed to be immediately replaced, which was a major inconvenience to get done before travel the next day. Always analyzing my behavior with the hope of improving it, I realized that I don’t take care of my car in a timely and better manner because I never learned … [Read more...]

Spring Break Skiing Lessons

Please take a minute to read a blog I posted at my other financial website, NestEggInvestor.com, about four lessons I learned from snow skiing last week while on spring break with my family. The post relates each lesson to an investing lesson. If spring break is part of your life right now, I hope you and your family had a fun and safe break. We sure did, but I am glad to be back in the Texas hill country sunshine on this beautiful day.  (Image Source: VisitNorway.com) This information is for educational use only and is not financial advice. … [Read more...]