Monthly Archives: September 2014

What important things does a 20-year-old need to know about money and finance?

Answer by James Altucher: I'm very excited for you. You're 20 years old. When I was 20 I was busy saving money that I would end up losing. When I was 22 I was thrown out of graduate school and … Continue reading

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What are the ten most important things about personal finance a non finance background person must know?

Answer by James Altucher: A) Don't get a salary. A salary will never make you money. B) Don't invest any of your money. Investing is for wealth preservation, not wealth creation, so first you have to make wealthC) Come up … Continue reading

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What should everyone know about economics?

Answer by Davd Williams: Economics is the ultimate study of human behavior. It looks at why people do what they do. While you may not think that from the study of macro economics, which is initially about perfect systems and … Continue reading

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What are the main differences between Wealthfront and Betterment?

Answer by Andy Rachleff: Wealthfront is the largest and fastest growing automated investment service with over $1 billion under management. We're the least expensive service for accounts below $100k, and by far the most tax-efficient service over $100k.  Based on … Continue reading

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What are the common misconceptions about the entertainment industry?

Answer by Michelle Monaghan: "That all we care about is Hollywood". To the contrary, I have met and worked with some of the most charitable, thoughtful and socially conscious people. I am so proud to be a part of a … Continue reading

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How did Chamath Palihapitiya learn to play poker?

Answer by Chamath Palihapitiya: I learned poker from my first boss out of school. We used to play bridge but then abandoned it because there was so much cheating (in bidding etc). So he taught me poker, I fell in … Continue reading

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What is Ashton Kutcher doing next?

Answer by Ashton Kutcher: I'm about to be a father.  I think this is the most important job a man can have in life.  Carlos Slim once said, "Most people try to make a better world for our children when … Continue reading

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What You Can Learn In The Next Ten Minutes That Will Make Your Entire Life Better

: It will take you 1 year of serious-study to be in the top 60% of anything in life. 
It will take you 2 years to be in the top 50% (the learning curve slope starts to flatten). 
It will … Continue reading

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What would be the advantages and disadvantages of Hillary Clinton becoming president?

Answer by Mike Garrow: Believe it or not, the biggest advantage she would bring is that she is a politician, not ideologue. The Chief Executive has to be able to work with ALL of the legislature. There is a necessary … Continue reading

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