How to come up with a great business idea

How to come up with a great business idea

Posted on 02. Feb, 2011 by mike.

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Everywhere you turn another successful startup is being sung praise for its miraculous achievements. But just as often as we here these success stories, we here the “entrepreneur to homeless” type of stories that I hate. These types of stories turn millions of would be gun-ho entrepreneurs into unsatisfied, cubicle workers. We’ve all heard these horror stories [...]

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20 Quotes To Invest By

20 Quotes To Invest By

Posted on 27. Jan, 2011 by mike.

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The general public is better at investing than all of the investment greats, including Warren Buffet, Peter Lynch, William O’Neil and Benjamin Graham. At least that’s the way it looks, considering how often investors ignore these successful investor’s advice. I firmly believe that you can’t be successful on your own, you need someone to act [...]

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Dividends That Are Too Good To Be True

Dividends That Are Too Good To Be True

Posted on 19. Jan, 2011 by mike.

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Think that a stock has to go up to make money? Nope, stocks rising in price isn’t the only way you can make money.  There is another way, a way that is lesser known yet still effective.  No I’m not trying to sell an eBook, I’m talking about dividends. Basic info on dividends Dividends as [...]

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Saving Up Is A Myth

Saving Up Is A Myth

Posted on 08. Jan, 2011 by mike.

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Quick story:  About a week back I was on the phone talking with my aunt about how I really wanted to visit her, but was still saving up my money for a plane ticket and for lift tickets (she lives close to the Rockies).  At the time that sounded perfectly normal, but once I got off [...]

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What a Stock Is (It’s probably not what you think)

What a Stock Is (It’s probably not what you think)

Posted on 04. Jan, 2011 by mike.

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What is a stock? Yes, this was covered in my investment terms list but I used the simple well-known definition- Partial ownership of  a company.  This is the technical definition of a stock, but if you actually understand what a stock is from this confusing definition, then I am impressed.  To really explain what a [...]

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What You Have That Warren Buffet Doesn’t

What You Have That Warren Buffet Doesn’t

Posted on 01. Jan, 2011 by mike.

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“If Warren Buffet owned and wrote articles for this site (Minor Wealth) he would most likely fail.” It may come as a surprise but the above statement is certainly true, not just for Warren Buffet but for any billionaire.  It has nothing to do with me being some sort of web design god or because [...]

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25 Investment Terms You Need To Know

25 Investment Terms You Need To Know

Posted on 27. Dec, 2010 by mike.

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So you like the idea of investing huh?  Think it is a great way for a kid to make some extra cash? Well… it is, but before you dive into the world of investing I think you should learn these basic investing terms.  Once you learn these terms you’ll be all set to tackle any [...]

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Who This Site Is For

Posted on 26. Dec, 2010 by mike.

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Nearly 50% of children believe they will strike it rich, yet at the time of me writing this only 5,500,000 out of the 310,891,258 US population are millionaires.  The goal of this blog is to help motivated people become a part of this select group by improving their financial literacy.  As a teenager, I am [...]

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