Author: Greg Patrick, Dividends & Income

It’s a government-backed financial fortress trading at a modest multiple.

Even though there’s time left until expiration, I’m choosing the move that lets me 1) lock in a strong return, 2) reduce exposure as price presses resistance, and 3) avoid the temptation to turn a big win into a “hope trade.”

Most budgets fail because they ignore the only three expenses that actually matter. Cutting them doesn’t just save money, it creates investable capital — the raw material of wealth.

If you’ve ever thought, “Once I make more money, I’ll finally get ahead,” you need to read this. In short, I break down why high earners can still be broke — and I include a simple table that shows exactly how “quiet builders” beat big salaries over time.

The last time I had lunch with Dave Van Knapp, I shared something with him that I haven’t told very many people.