Stock Picking vs. Index Funds: Why You Should Keep It Simple

A person wearing glasses looking at a digital stock market chart illustrates stock picking vs. index funds

Why do most individual investors fail to beat the market through stock picking? Are index funds a more reliable investment strategy? In Set for Life, Scott Trench explores the stock picking vs. index funds debate, revealing why average investors should avoid trying to outsmart Wall Street professionals. His insights, backed by legendary investors such as Warren Buffett, show how simple investment strategies often outperform complex ones. Keep reading to discover why index funds could be your key to building long-term wealth without spending countless hours analyzing individual stocks.

How to Beat the Market: 2 Steps Toward Above-Market Returns

A woman who knows how to beat the market, looking at a computer screen of stocks

How can you assess market position to earn more money? Is it possible to beat the market? As an investor, you can tilt the deck in your favor by taking the market’s tendencies into account when positioning your portfolio. Howard Marks illustrates how to do so via two steps: Correctly assess the market’s position in the cycle, and adjust your portfolio accordingly. Here’s how to beat the market in only two steps.

Why the Poor Stay Poor & the Rich Stay Rich: Financial Setpoints

A poor woman on the left and a wealthy woman on the right illustrate why the poor stay poor and the rich stay rich

What’s keeping you from building wealth? Why do some people manage millions with ease while others struggle to save a few hundred dollars? Your relationship with money goes deeper than your bank account balance. It’s rooted in your mindset, beliefs, and what experts call your “financial setpoint”—the amount of money you subconsciously believe you can handle. Continue reading to explore why the poor stay poor and the rich stay rich.

Empowering Beliefs About Money: 4 Steps to a New Mindset

A smiling woman with curly hair standing in front of a shop and holding a wallet illustrates empowering beliefs about money

What beliefs are secretly sabotaging your financial success? How can shifting your mindset transform your relationship with money? Understanding your beliefs about money is the first step toward financial freedom. Many people unknowingly carry limiting beliefs that prevent them from reaching their full financial potential. By developing empowering beliefs about money, you can break free from self-imposed limitations and create lasting wealth. Keep reading to discover how to identify and transform your money mindset into one that supports your financial goals.

How to Put Your Money to Work: 5 Wise Investment Strategies

A piggy bank with a brief case illustrates how to put your money to work

Would you like to turn your savings into lasting wealth? How can you make smart investment choices that generate sustainable passive income? Real estate investor and broker Scott Trench shares proven strategies for building wealth through strategic investing in his book Set for Life. From maximizing returns on index funds to leveraging real estate opportunities, his approach helps transform hard-earned savings into reliable income streams. Keep reading to discover how to put your money to work through time-tested investment strategies that can create lasting financial freedom.

How Your Relationship With Money Is Shaped by Your Beliefs

A man looking thoughtfully upward with a piggy bank on a table in front of him illustrates your relationship with money

What shapes your beliefs about money? How do your childhood experiences influence your current financial decisions? Your relationship with money stems from deeply rooted beliefs formed during childhood. These beliefs create patterns that affect everything from your spending habits to your earning potential, often operating below your conscious awareness. Keep reading to discover how your early experiences shaped the way you relate to money.

How to Manage Working Capital and Free Up Cash

A business man who knows how to manage working capital, writing on a clipboard

What’s working capital in a business? Do you want more cash for your business? It’s not hard to imagine how a business might paint a rosy picture of itself by tweaking an assumption here or there. However, by managing working capital, you can use financial numbers to help your company improve its actual performance without increasing sales or bringing costs down. Discover how to manage working capital to improve financial stability.

How to Understand Accounting Better for the Sake of Your Business

A sign that reads "Accounting 101" as a way to help people learn how to understand accounting better

Do you want to improve your accounting knowledge? Are you in charge of your business’s finances? In Financial Intelligence, Karen Berman and Joe Knight explain how to calculate important numbers that reflect your business’s profitability, efficiency, and potential to attract investors. They also discuss how to manage your working capital to increase how much cash your business keeps on hand. Read more to learn how to understand accounting better so your business’s finances can soar.

Financial Performance Measures to Gauge a Business’s Health

A business man holding a measuring tape, representing financial performance measures

How can you measure a business’s profitability, efficiency, and investment potential? Why should you analyze your financial statements like investors? Karen Berman and Joe Knight discuss several key financial ratios that managers, investors, and analysts use to evaluate a company’s performance and financial health. Berman and Knight identify several important financial performance measures that indicate a company’s profitability, efficiency, and overall financial strength. Here’s how to use performance metrics to measure a company’s overall health.

Cash Flow for Small Businesses: How to Interpret Your Statements

A money tree against a green background, symbolizing cash flow for a small business

What are the three main areas of cash flow for small businesses? What does a cash flow statement tell you that an income and balance sheet statement don’t? The income statement and the balance sheet give an overview of a business’s financial position, taking into account past and future revenue and expenses. On the other hand, the cash flow statement fleshes out the full picture of where a business stands in the present—and whether it can afford to pay its bills. Let’s look at how to interpret a cash flow statement.