Perhaps this post may incur the wrath of parents everywhere but there is a limit to how much one can learn. About 6 months ago, I stopped buying or borrowing personal finance books. It just got over-whelming. There’s only so much information I can store in my head and I found the other problem was that every time I read some new great idea in a book, I would would want to re-do my portfolio in that manner. Well, the issue with that, obviously, is that you become a fickle investor which is not a good investor.

As someone much wiser than me once said, its not what you learn but what you use. So, I have started to re-read all of my books with the goal of picking up one additional point from each book. I tend to bounce back and forth between The Millionaire Next Door and Get Richer (which is a good book for a budding entrepreneur to read). Each have so many good points in them that I have to divide each into small bite-sized pieces to incorporate into my thinking.

Since Fall is a huge season for publishers, just remember it is not the amount of knowledge you read but what you incorporate into your life. Good luck getting the kids to school today.