Ray Chen

24 Flips | 1 Magazine | 12 Likes | @raychen09 | Keep up with Ray Chen on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Ray Chen”

How To Invest For The Rest Of Your Life

Often, financial writers tell us how to invest for a given age: How to invest now that you’re 40, or how to invest as you enter retirement.<p>It’s not a bad idea. We’ve done it a few times ourselves.<p>But consider what these approaches have in common: You have to invest in something, since cash is …

How Searching For The Big Score Usually Loses You Money

Have you ever thought of how your life would be if you struck it rich? Let’s say you won a US$300 million lottery jackpot. Or, your fledgling company gets bought out… sort of like what happened to Instagram. Or, your long shot investment pays off 500 to one.<p>Have you ever contemplated a “big score?” …

What Your Broker Won't Tell You: A Top 10 List

When buying a home, a good broker is an incredibly valuable resource, especially if it’s your first time. They serve as guides to the neighborhood and the home buying process, which can get complicated. They know mortgage brokers, inspectors, and sometimes even listings that the rest of the public …

Sometimes The Best Travel Is Closest To Home

I’m not a member of the “100-countries” club, aka the Century Club<b>,</b> but I have been around. I’ve been to every continent (except Antartica), 55 countries and, closer to home, all but seven U.S. states. I’ve been known to fly halfway around the world on a few days’ notice for a week-long trip. If I …

How To Invest When Everything Seems Risky

There are two fundamental struggles for retirement investors: Saving enough, and investing well. How to invest your money should be a fairly easy decision, but many investors get stuck.<p>Why? Because it always feels like the wrong time.<p>Cash builds up in a retirement account and balances grow, but the …

12 Ways To Prevent Kids From Becoming Perpetual Students

During a recession, some people go back to school or extend their education. Ideally, they will hone skills or come away with a degree that makes them more marketable. But this can also just delay entering the job market and gaining valuable work experience. For boomer parents there’s another …

Debunking 8 Stock Investing Myths

Investors often underperform by following investing strategies that are based on perception rather than long-term research or reality. Even though there have been many studies showing what does work, several stock investing myths continue to exist. Understanding and avoiding these myths can make a …

6 Asset Protection Strategies To Shield Your Wealth

Have you heard of the homeless man who was sued for $5.5 million? Of course you haven’t. Lawsuits aren’t filed against those with few assets; they are filed against those with “deep pockets.” If you have substantial assets or are coming into a windfall from a sudden wealth event such as an …

What The World's Happiest Countries Can Teach Us About Money

To say Denmark’s not nearly as sunny and temperate as Rwanda, or even Italy, is an understatement. Yet in the Northern European country with shorter-than-average winter days and plenty of rain, policy makers and private citizens must be doing something right.<p>The Scandinavian nation was recently …

3 Easy Ways To Whip Your Brain Into Shape

Our brain changes every day. We can feel when it is firing on all cylinders and our thoughts connect fluidly. Alternatively, we all have days when we feel like we are in a fog and words are harder to find. On those days, we wonder, “Am I losing my mental edge?”<p>For most healthy adults, the issue …

How To Quit Being A Quitter

I used to be a quitter. From the lofty perch of midlife, I can clearly detect a pattern. By the time I was 15, I had quit gymnastics, violin, piano, Latin <i>and</i> Hebrew, bowling, writing to my penpal and, for all intents and purposes, doing homework.<p>I always looked for — and found — the easy way out. I …

How To Invest In Stocks, Worry-Free

One of the major problems with stock investing is your own emotions. It’s important to invest in the stock market, of course, but how to invest in stocks is an open question.<p>It should be without worry, or you are likely to make a highly emotional decision at precisely the wrong moment: You might …

Business Is About Innovation, So Why Do We Teach It In The Same Old Way?

<i>Guest post by R. Edward Freeman, University Professor, University of Virginia Darden School of Business</i><p>We already know that MOOCs are a disruptive innovation in higher education. That issue is pretty much a foregone conclusion. The curious thing is that it has taken this long for it to happen. …

CenturyLink Ups Customer Experience Through Employee Engagement

When CenturyLink acquired Savvis in July 2011, it may have received more than it bargained for. Aside from the transfer of expected assets, CenturyLink also obtained more resources for enhancing the experience of its customers.<p>Jon Windley, now vice president of business customer experience at …

8 Costly Benefits Mistakes Employees Will Make During Fall Open Enrollment Season

How do we know what mistakes employees will make this fall when they’re signing up for their 2014 benefits package at work? There are always changes (the Obamacare health exchanges is the big one this year), and there are always the same old mistakes that trip up employees and cost them, whether …

How General Motors Wins The Minds And Wallets Of Chinese Consumers

With over 1.3 billion people and rising incomes, China’s consumer market has been a popular destination for every overseas marketer. But winning the minds and wallets of Chinese consumers isn’t easy.<p>“In China,” writes <i>The China Strategy</i> author Edward Tse, “instead of products arriving in a …

Homer Simpson And Costco: Speaking The Language Of Value In The Retail Customer Experience

<b>The Wisdom Of Homer (Simpson)</b><p>I often (as a keynote speaker and consultant on the customer experience and customer service) talk about the importance of signaling to your customers that you’re providing value.<p>Which is easy to do when your customer’s Homer Simpson: Homer never selects the <i>cheapest</i> …

How To Pitch To The Press: The 8 No-Fail Strategies

In my day job I’m an entrepreneur, as the founder of a leading PR strategy agency, Snapp Conner PR. But I’m also a frequent speaker on communications and business topics, and as a Forbes contributor, a writer and journalist as well.<p>Last week I moderated a panel for the Money2020 trade show in Las …

The Secrets Of Networking For Introvert Entrepreneurs

Just as it helps you overcome a fear of rejection by exposing you to it on an almost daily basis, being an entrepreneur also demands that those of us who identify as introverts find ways to balance our natural reticence with the need to meet and network with potential clients and and collaborators. …

3 (More) Reasons Why Everyone Will Need To Become An Entrepreneur

A while back, I wrote that in the future everyone will need to be prepared to become an entrepreneur. The other day someone asked me if I still believed that.<p>My answer, “Now, more than ever.” And then I ticked off these three reasons.<p>The first? You could lose your job.<p>If that happened a couple of …