The Kinder Morgan Family To Combine Into One Kinder Morgan Company

If you look for wisdom from people who are dedicated to long-term investing—creating the kind of financial investment situations where you make decisions in 1990 that are still affecting you in 2014, you will often hear them talk about not selling overvalued stocks.

There are a lot of reasons why this is the case—when you sell something outside of a charity, retirement account, or certain trusts, you have to pay taxes so the amount of money that you have available to make a new investment might put you in a worse spot than had you never sold the stock.

Continue Reading!

The First $100 Dividend Check

Hi Tim. I’ve been reading your site for the past six months… [a few paragraphs I removed]… I’m just starting out, and I gotta say, receiving my first $100 dividend check completely changed everything for me! I’d rather make $100 for owning a stock than make $200 in a day from my job I know im odd. Thank you so much for your site, and keep up the writing! I check for updates every day! Signed, Graydon.

There. Right there. Graydon, you get it. The understanding of almost every individual in this country is that, in order to generate money, you have to give up your time and do something. If you don’t show up to work on Monday, Tuesday, and Wednesday, you’ll be lucky to still have a job, and you almost certainly won’t be receiving any cash for those three days missed. Even if you own a small business, the conditioning remains: you have to go out there and do something yourself in order to receive money.

Continue Reading!