Wall Street PlayBoys


Creating Luck

According to the dictionary, luck is “Success or failure apparently brought by chance rather than through one’s own actions” and the more popular definition is “Luck is what happens when preparation meets opportunity”. Unsurprisingly, we don’t like either of these definitions! Instead we define luck as “good fortune that goes to people who don’t need […]
Wall Street PlayBoys
June 4, 2017, 2:30 a.m.

Is Starting a Company the Least Risky Option to Get Rich?

For many people, getting a million or two is enough. In that case, it may not be the least risky option to get “rich” if that is all an individual needs. Once we start putting more parameters or restrictions around what qualifies as rich, you’ll start to get to some startling conclusions. Specifically, we’ll draw […]
Wall Street PlayBoys
May 31, 2017, 1:59 a.m.

How to Use Big Gains vs. Small Gains. Make the Big Moves Early.

There are a million posts on the difference between being young and old it really boils down to a shift in recovery time along with pain tolerance. When you’re young, you have the ability to recover quickly (just look at physical injuries) however your pain tolerance is lower (not enough repetition). As time goes by, […]
Wall Street PlayBoys
May 26, 2017, 4:20 p.m.

Watch the Company Man Give Away His Life

John and Adam walk into their cubicles for the first day of work: “Welcome to Company X! We pride ourselves in client service, diversity, going the extra mile and of course grooming bright up and coming stars like yourself. Last year we grew revenue and net income by X%! You’re joining an elite group of […]
Wall Street PlayBoys
May 20, 2017, 11:43 p.m.

The Five Stages Of Earning Income

Many people get stuck in a specific stage in life and never seem to make it out. The problem is typically due to cash flow issues or major life mistakes. In rare cases, the situation is uncontrollable (we’d wager below 1% of the cases). Since the goal is to get rich we’ll go ahead and […]
Wall Street PlayBoys
May 17, 2017, 2:05 a.m.

Maximizing Retirement Accounts and Why They Will Be Meaningless to You

Retirement accounts are largely a scam. They are set up to make you feel richer than you are and create a false sense of security that does not exist. Most of the fund managers within the 401K structure also underperform the market making it an overall bad investment. That said, since many people will be […]
Wall Street PlayBoys
May 14, 2017, 4:42 a.m.

The Secret for Success in Life: Being Wrong Early

If you’ve already made it in life we will wager that you’ve made a ton of mistakes *and* you made all of those mistakes early. Most people spend hours upon hours looking for a magic potion to cure all of their problems. They will look for the easiest way to make the most money “per […]
Wall Street PlayBoys
May 8, 2017, 12:59 a.m.

Total Cash Flow or Total Net Worth? How to Maximize Them.

If you forced us to decide we would choose the highest cash flow at this point in our lives. Trying to maximize net worth is becoming less and less important since the money doesn’t go with you when you die. That said, everyone has different opinions on what is most important to them. Maybe they […]
Wall Street PlayBoys
April 30, 2017, 2:37 a.m.

Investment Banking Verticals, Product Groups. Increasing Your Wage and Bonus?

We provided an overview of the “Future of Wall Street” where we continue to de-emphasize cash equities, research and sales & trading. Overall, investment banking is not going away any time soon and unlikely going away in our lifetimes. Knowing that, it is still a relatively safe career that will allow you to develop an […]
Wall Street PlayBoys
April 28, 2017, 12:57 a.m.

Risk Adjusted Financial Independence. Nothing Is Guaranteed Including Government Bonds.

No return is risk free. We know that many will say treasuries, are risk free but we’d argue that even those instruments have risk (government reliance, just ask Venezuela). Secondly, we don’t view any instrument including treasury bills as risk free because who knows what will happen to the *long-term* tax rate. If someone reaches […]
Wall Street PlayBoys
April 26, 2017, 4:40 p.m.

How to Make Millions With Other People’s Money

A beginners guide to borrowing money to buy income property: Commenter OwnMyHood here. Since the Playboys gave a few of us real estate guys the open invite to drop some knowledge regarding the RE Game, I figured I’d stop back in for another post… Having read this blog for a couple years now, I see the primary […]
Wall Street PlayBoys
April 24, 2017, 11:51 p.m.

Using Art to Make Decisions With a 100% Success Rate

While it is likely one of our competitive advantages, we realized that no one will follow this advice so we’ll give it away for free. If you’re having a hard time making a decision, personal, financial or otherwise you can utilize art to give you an edge. It sounds crazy but we’ve used it several […]
Wall Street PlayBoys
April 22, 2017, 11:15 p.m.

How to Think About Time and the “$5,000 Question”

There is no way to become an expert in time. Meaning? It is difficult to know with 100% certainty if you’ve made the right decisions until you’re 80 and look back saying “I have no regrets”. If that is the case then you’ve absolutely made it (visit a hospital and you’ll see that the vast […]
Wall Street PlayBoys
April 18, 2017, 10:16 p.m.

Predicting When You’ll Feel Rich and Ways To Guarantee That You’ll Never Feel Rich

You want to get rich. Everyone does. It’s just taboo to say so. No one wakes up and says “Hey I want to be as average as possible”. On this side of the web wanting to get rich and admitting so is encouraged (maybe you’re rich already)! Now that we have people visiting from all […]
Wall Street PlayBoys
April 17, 2017, 2:07 a.m.

Happiness is Utilitarianism – Our Stoic Framework

In economic theory we learn that every single one of us is trying to maximize our “Utility”. Utility is defined in various ways however, the underlying concept for utility is that we as humans do whatever it takes to maximize our utility. This could be in the form of happiness gained from having more money, […]
Wall Street PlayBoys
April 9, 2017, 7:46 a.m.

Preventing Personal Financial Collapse – Worst Case Scenarios

The best way to avoid personal financial failure is by having as many income streams as possible. From our own experience you want to try and develop two streams of income at the same time. We’ve seen that people who attempt to develop 4-5 streams of income at the same time are usually left with nothing. […]
Wall Street PlayBoys
April 5, 2017, 12:53 a.m.

Real Estate Investing Continued: An Intro to REITs (Real Estate Investment Trusts)

My name is “Nixon” and I’m a money addict. From close to 7 figures invested in equities, to multiple 7 figures invested in all types of real estate, if it makes money you have my attention. However, these and other investments are currently side hobbies as my day job entails being one of the primary executives at […]
Wall Street PlayBoys
April 2, 2017, 12:05 a.m.

Making the Case That You Are Underpaid! (Featuring a Blogging Buddy)

We’ve started interacting here and there with “J. Money” from Budgets are Sexy. Now the most interesting thing is he found our blog (so we think?) right around when he got a one-time *event* of $75,000 in a single day! (December 2016). Coincidence? We think not. Now that said, we’ll put a spin on two […]
Wall Street PlayBoys
April 1, 2017, 4:16 a.m.

Ten Rules for Getting Started in Real Estate

Thanks to the Wall Street Playboys for allowing to shed a little more light on the real estate game. I’ve gained quite a bit from their articles and am grateful for the chance to give a little back. Before we begin, I want to clarify that this is written from the perspective of an individual who […]
Wall Street PlayBoys
March 29, 2017, 4:35 p.m.

The 20 Laws For Online Product Income Success

This post is directed 95% towards product sales online (not content based). You can earn an income with content based websites (blogs etc.) and we only touch on it for a second to make sure we hit all the forms of income. To emphasize these laws primarily refer to product websites. Law #1 – There […]
Wall Street PlayBoys
March 27, 2017, 4:11 a.m.