Nick Maggiulli's Linkedin Analytics

The greatest asset that you will never find on your balance sheet is your skillset. The better your skillset, the easier it is to command a higher income. Financially, nothing else comes close.

I've been studying investing for over a decade and I've learned that there is no single winning strategy. What works for one person may not work for another. What succeeds in one period may fail in the next. Instead of hunting for the best strategy, find the right one.

If you want to know why wealth families don't stay wealthy, you just have to remember that assets grow linearly, but liabilities grow exponentially. (h/t @frazerrice)

Real estate truth: It's a fantastic way to build wealth. It's also a fantastic way to destroy wealth. The difference isn't always the market, interest rates, or location. It's how much leverage you take on. Choose your debt wisely.

Money mistake I see people make: Focusing on the price of an investment over its ongoing costs. Some people buy "cheap" investments without considering how much time and money it will take to keep them afloat. Price is what you pay today. Cost is what you pay forever.

Last Tuesday the S&P 500 closed down 19%, yet my portfolio was only down 8%. What's my secret? I'm diversified. My latest on the pros and cons of diversification and why sticking with a diversified portfolio is easier said than done:

The biggest misconception about passive income isn't that it isn't passive. It's that you need it. Plenty of millionaires built their wealth from a single income source they mastered over decades. Being great at one thing can trump being average at many.

Vanguard was founded 50 years ago this week and has saved investors over $1 trillion on fees and trading costs. My latest on the benefits of being minimally extractive:

If you had invested from 1960-1980 and beaten the market by 5% each year, you would have made less money than if you had invested from 1980-2000 and underperformed the market by 5% a year. Sometimes, when you start investing can be more important than anything else.

When you ask people whether they would prefer $250k at age 30, $500k at age 40, or $1M at age 50, people overwhelming say $250k at 30. So why is the average age of inheritance 51 (and increasing)? My latest on why you should give earlier, not later:

The biggest lie in personal finance is that you can be rich if you just cut your spending. For some people this is true, but for most it's a falsehood meant to distract you from the real issue—your income.

There are two types of high-income earners: Those who turn their income into liabilities. And those who turn their income into assets. The first group buys fancy clothes, cars, and jewelry. The second group sells it to them.

If you are saving up for a big purchase (e.g., house, wedding, etc.) within the next three years, keep your money in: -Cash/High-Yield Savings Accounts -Money Market Accounts -Treasury Bills Investing that money in stocks or long-term bonds isn't worth the risk.

Retirement income hack: Pay 0% in federal taxes on up to $126,700 in income from a taxable brokerage account. The catch: You have to be married, the income must all be long-term capital gains, and you can't have any other income. Taxable brokerage accounts are underrated.

If you save the same amount of money each year for 40 years while earning 7%, over half of your final portfolio value will come from the first 10 years of savings. It doesn't matter if you save $100 a year or $100,000 a year, the math works out the same.

A retirement truth no one wants to talk about: Once you have some base level of financial security, your day to day happiness in retirement will be impacted more by your relationships, your hobbies, and your sense of purpose than your financial assets.

People love to hate on traditional careers, but don't realize that these careers can provide the skills needed to start a business. This explains why the typical entrepreneur is 40, not 20. Because 40 year-olds have two things that those in their 20s don't—experience and money.

The best thing about index funds isn't their returns. It's their inability to make you feel stupid. When the S&P 500 drops 20%, you blame the market. When a stock you own drops 20%, you blame yourself. Ego is the enemy of returns. Index funds remove it from the equation.

The biggest investment advantage you can have isn't: Stock picking Market timing Knowing what the Fed will do next It's the ability to keep buying when everyone else is selling.

I’m thrilled to announce that Just Keep Buying has now sold over 400,000 copies worldwide. It was published 3 years ago today. Thank you for reading! lnk.to/justkeepbuying