among the big corporations in America, none are domestic,” he told me. “They’re all over the world: - Tony Robbins

When you do sell any investment held outside of a tax-deferred account (like an IRA), make sure you hold for a minimum of a year and a day in order to qualify for the lower long-term capital gains rate (again, at the time of this writing the rate is 20%).

Las preguntas que solucionan problemas 1. ¿Qué hay de grande en este problema? 2. ¿Qué hay que no sea perfecto todavía? 3. ¿Qué estoy dispuesto a hacer para lograr que sea como yo quiero? 4. ¿Qué estoy dispuesto a no seguir haciendo para lograr que sea como yo quiero? 5. ¿Cómo puedo disfrutar del proceso, mientras hago lo necesario para lograr que sea como yo quiero?

Here’s a great test. Take a moment and give me your best answer to this question: Suppose you’re putting $1,000 a year into an index fund for five years. Which of these two indexes do you think would be better for you? Example 1 • The index stays at $100 per share for the first year. • It goes down to $60 the next year. • It stays at $60 the third year. • Then in the fourth year, it shoots up to $140. • In the fifth year, it ends up at $100, the same place where you started. Example 2 • The market is at $100 the first year. • $110 the second year. • $120 the third. • $130 the fourth, and • $140 the fifth year. So, which index do you think ends up making you the most money after five years? Your instincts might tell you that you’d do better in the second scenario, with steady gains, but you’d be wrong. You can actually make higher returns by investing regularly in a volatile stock market. Think about it for a moment: in example 1, by investing the same amount of dollars, you actually get to buy more shares when the index was cheaper at $60, so you owned more of the market when the price went back up! Here’s Burt Malkiel’s