The inverted yield curve is a graph that shows that younger treasury bond yields are yielding more interest than older ones. And it’s TERRIFYING for financial pundits all over the world. It’s a graph that could mean the difference between a thriving bull market or the downswing of a bear market. AND it’s been known to throw entire economies into a state of abject terror and chaos. Want to see what it looks like? Okay. Don’t say I didn’t warn you … (Source: Britannica) Pictured: An actual financial pundit’s reaction to an inverted yield curve. While it might not seem like much at first glance, the inverted yield curve is actually the bellwether for an economic recession. You know, that thing that happened in 2008 that was kind of a huge deal? Luckily, the inverted yield curve is a rare occurrence … BUT it’s useful to know what it means and how to spot one when it happens. Why? Simple: You don’t want to get swept up in the herd mentality of one, and being able to recognize when it happens is the first step in preventing yourself from making bad decisions based on what everyone else is doing. So let’s take [...]
Have you ever met someone who’s told you, “Traveling to experience different foods, sights, cultures, and people? Ew, no.” Me neither.
The point is, the majority of us looooooove to travel, but [...]
There’s a lot at stake when you walk through your boss’s door to start the “talk.” You know the one: negotiating more money.
That single conversation is too important for you to just blindly [...]
Chocolate can help you lose weight.
No, seriously. It can. Or at least that’s what Charles Duhigg, habit expert and author of The Power of Habit, says:
“Although it seems like very dissimilar rew [...]
So you’ve crafted a winning resume …
… written an amazing cover letter …
… and you might have gotten a little ahead of yourself and started clearing out your desk.
Your hard work has paid [...]
If you had an extra hour in your day, what would you do with it?
Pick up a new hobby?
Learn a new language?
Find new ways to make money?
What if you had two extra hours, or even three? What would you [...]
Imagine a dozen dominoes lined up in a row. Push the first domino and what happens? They all fall down.
Now take that same dozen and double it. No, triple it. No, wait — add 15,000 dominoes, branch [...]
If you want to learn how to give advice that people actually listen to, there are two things you can do:
Empathize with the person — and not act like an emotionless robot.
Find people who want to l [...]
Ah, the new year. A time for parties, champagne, and questionable decisions made because of the aforementioned parties and champagne. Before you say goodbye to 2018, there are four things you can do t [...]
The holiday season is usually a time of year that inspires people to be their best self — and “live their best life.” But a trait that’s often undervalued when living a Rich Life is genero [...]
If you’re broke, things that people consider minor purchases can be a massive undertaking for you:
Going out for meals and to bars
Paying utility bills or rent
Filling up your car with gas
“Middle class” is a common term spoken by news pundits, politicians, and that annoying friend of yours who likes to debate politics at dinner parties.
While a lot of people like to bloviate about [...]
A 401k is one of the most powerful investment vehicles for retirement — and it’s IWT’s favorite thing ever for several reasons:
Pre-tax investments. You don’t get taxed on the money you cont [...]
I’ve talked about the 401k a few times before.
[cue montage of every single time I scream at you to get a 401k]
That’s only because the 401k is one of the most powerful investment tools at [...]
A good side hustle idea can open the door to unlimited earning potential.
My team and I have spent more than a decade building money-making systems that have earned my students $1,000 and more on the [...]
Insecurity is fascinating.
We hide it.
We beat ourselves up for it.
And to top it off, it seems like we’re the only ones who ever feel it.
And yet: It’s the times we feel most insecure that we g [...]
It used to be that using a credit card could give off the perception that because you’re charging, you don’t actually have the sufficient funds to make the purchase. While I suppose that could b [...]
The two most common questions I hear about stocks are:
What stock should I buy?
When do I sell?
I’ve covered the first question before (check out my article all about stocks and bonds). That’s w [...]
“Write an interesting story, not a perfect story.” — Drew Houston
Drew Houston (@DrewHouston) is co-founder and CEO of Dropbox. Since founding the company in 2007 with Arash Ferdowsi, Dr [...]
Photo by Adam Rose
“Things that caused me so much pain and confusion as a kid ended up being really wonderful tools in my work.” — Samin Nosrat
Samin Nosrat (@ciaosamin) is a writer, che [...]
Today, I’m going to share two strategies I’ve used to get traffic to my websites from extremely high-traffic blogs like Lifehacker and sites like the Wall Street Journal.
These strategies are the [...]