As a small investor you should always be focused on the long-term. You should work on developing your patience and discipline so that you are not panicking at every bit of bad news that comes out and therefore making emotional decisions that are probably going to hurt you more than help you. Rather, trust thatContinue reading “Don’t Ignore Your Investments!”
Category Archives: investments
Good Financial Literacy Book
I came across a book entitled How Money Works: Stop Being A Sucker by Tom Mathews and Steve Siebold. It was actually given to my family by my wife’s coworker. After reading it I definitely think that it is a great book for all young people and anyone else looking to add a little knowledgeContinue reading “Good Financial Literacy Book”
The Rule Of 72
Every investor and borrow absolutely must know and understand the Rule of 72. The Rule of 72 is a simple math shortcut that can be used to quickly figure out the amount of time it will take for money to double at a fixed rate of interest. The way it works is easy. All youContinue reading “The Rule Of 72”
The Table That Got Me Started Investing!
When I was 22 and about to graduate from college I attended a seminar about where to place investment money. A table was shown early in the presentation that I can say literally changed my life. It has been the defining philosophy of my approach to money. The table was made up of five columns. The first column wasContinue reading “The Table That Got Me Started Investing!”
Target Dated Funds
While I am not personally a fan of Target Dated Funds, they do have a place for people just starting out investing or people who are too busy or lack the interest to follow the market on a regular basis. They are definitely better than doing nothing at all. Target Dated Funds are designed andContinue reading “Target Dated Funds”
Make Your Money Work For You!
The most important thing that you can do for yourself and especially for your children is to get your money to work for you. The way to do that is through the magic of compound interest. Compounding interest is one of the most powerful forces in existence but it takes time. The earlier that youContinue reading “Make Your Money Work For You!”
Low Fee Index Funds are the Champs!
During an interview on Bloomberg radio recently , the person being interviewed (whose name I didn’t get) made a statement that I have written about before in a previous post. He very clearly said that if a person is patient and willing to wait 10-15 years then the Vanguard S&P Index Fund ETF (VOO) andContinue reading “Low Fee Index Funds are the Champs!”
EPS as a Tool
When you are new to investing or trying to do a quick evaluation of a stock that you are not really familiar with looking at the companies Earnings per Share (EPS) is good to review. Bluntly, it will tell you right away if the company is making money or not. Investopedia defines EPS as theContinue reading “EPS as a Tool”
Demographics are Important!
While I absolutely love reading fiction as a primary source of entertainment, I recently have started reading Peter Zeihan’s books. He is a political scientist and demographer and has made and continues to make very bold predictions about the global future. I’m a bit obsessed with everything he has to say as he has been proven correctContinue reading “Demographics are Important!”
Keep Fees Low and Returns will be High!
The great investor Warren Buffet won a famous bet against a Hedge Fund manager that over a ten year period he would have better returns using low cost mutual funds versus a basket of higher cost hedge funds. The founder of Vanguard, Jack Bogel, built one of the most successful companies, ever, on the ideaContinue reading “Keep Fees Low and Returns will be High!”
