Lee Distad

Keeping “The Market” In Perspective

I have to admit to an interest in the equities market that borders on the unhealthy. I’m well aware that, over the long term, saving and buy-and-hold investing are the keys to growing personal wealth. But still, like a siren call, the excitement and adventure of short-term trading is a seductive distraction. Like any vice, […]

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How to Earn Reward Points Without Extra Costs

While we’ve talked (and debated) about using debit or credit for your purchases, many credit cards offer reward points — a nice side bonus. Our household earns monthly reward points in three different ways. Automated Monthly Expenses We set up as many of our recurring monthly expenses as we can to be automatically charged to […]

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Freelance Finances: The Holy Trinity

Cartoonist Don Martin once wrote that the root source of the term “Freelance” was both “Lance,” a medieval knight’s weapon, and the French word “Froid” for cold. As in, if you didn’t succeed selling your services and making some money, you’re going to freeze to death outside in the cold. Those of us who’ve struck […]

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Investing vs. Trading: Which Are You Doing?

“Investing” is one of the most misused words in our language, especially when talking about finances. Oftentimes, people use the word “investment” in a non-financial sense when purchasing something whose value is liable to depreciate, such as “I finally invested in a new laptop.” But when it comes to the stock market, there’s a difference […]

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