Are Mutual Funds for the Poor?

The Wealth Report, a WSJ blog written by Robert Frank, recently posted an interesting article entitled How the Rich Invest. The upshot of the article is that the rich don’t invest in mutual funds or ETFs. A survey conducted by Prince & Associates, Inc. found that for those investing more than $20 million, not one […]

Motivation and Money Tip # 7: Be Thankful

Recently, I watched the movie, The Pursuit of Happyness, starring Will Smith. The movie, which is based on a true story, is about a father trying desperately to provide for his family and to make a better life for himself. Will Smith plays Chris Gardner, a salesman of medical equipment who is just getting by. […]

The Year was 1924, the Man was Ed Leffler

The Dough Roller regularly looks Back to the Future because “even if the time for action has gone by, the time for extracting a lesson from history is ever at hand for those who are wise.”–Demosthenes (384-322 BCE) I read an article the other day about closed-end mutual funds by Fire Finance entitled, Closed End […]

Has Rich Dad Been Reading The Dough Roller?

One week ago, I wrote an article (Rich Dad Gives Lousy Advice) that was critical of Rich Dad, Poor Dad author Robert Kiyosaki’s comparison of mutual funds to playing the lottery. I’ve grown more and more concerned with the “advice” he’s been dishing out on Yahoo! Finance lately. Frankly, it’s dangerous, and I extended an […]

“How to Make $1 Million in a Day” and Other Titles You Shouldn’t Believe

I’m a big believer in the philosophy of “Under promise and over deliver.” Many times with personal finance books, however, the title of the book looks promising, but a quick flip through the pages returns a big disappointment. I had a similar experience with this week. Last Wednesday, a business article was published on […]

Motivation and Money Tip # 6: Slow Down

Do you ever bite off more than you can chew? I do. This blog is a great example. When I started it, I planned to write a gazillion articles each day, post 10 comments on other blogs each day, interact with the blogging community daily, and on and on. Then came reality (a.k.a. my wife, […]