Towards the end of each year, I do an annual portfolio review. I’ve written about this here and here. This year I had some help. Grok helped me plan a vacation and helped me come up with a tax minimization strategy using Roth conversions so I thought I’d have him check out my portfolio. Privacy […]
3 Keys to Navigating Uncertainty Read More »
Back in March, I wrote a post where I decided to back up my love for the S&P 500 with real money. You can read the post here. I did this for 3 reasons: That said, investing in equities is scary. Everyone has their own story but mine is pretty simple. My Story I have
Lessons From “Put Your Money Where Your Mouth Is” Read More »
Today’s stock news on CNBC is quite a mixed bag. First thing we notice is how concerned our professional trader is. Look at the tension. He looks worried. We should be too. The S&P 500 futures are down (so are the Dow and the NASDAQ). He’s right to be worried. And he’s worried about tech
Tune Out To Prevent Rash Decisions Read More »
Interesting headline from a guy who recently posted IF YOUR EQUITY INVESTMENTS HAVEN’T GAINED 24% IN 2024, YOU NEED TO MAKE SOME CHANGES. The post in question was the result of a discussion with a friend who was lamenting lackluster performance in his retirement account. The S&P 500 has been up more than 20% in
Do I Need To Beat The Market? Read More »
Today, with a government shut-down looming (and we still have tariff uncertainty, wars in the Ukraine and Gaza, and other assorted problems) the market continues to rise and today I read that: in the Daily Upside. In the almost 2 years that I’ve been posting here, I’ve spent a bit more time paying attention to
Be Wary Of Market Optimism Read More »
Yesterday’s light read was Gen Z is deep in ‘financial nihilism’: Why young people are betting big on stocks and crypto. Here’s a quick rundown: I can’t help contrasting this with Sylvia Bloom. I’ve written about her and I always spend some time talking about her when I teach personal finance classes. You can read
Is Investing Dead? Read More »
I’ve found that short term investing is a losing game. In fact, I wouldn’t call it investing. It’s more like gambling. Back in 2020, everyone was excited about Gamestop. We heard about regular people like us making unheard of fortunes overnight. Everyone was getting rich. Then came the stories of the folks that lost their
The Ups And Downs of Investing Read More »
Disney is one of the top brands in the world. That’s a bold statement, but think about it. Who doesn’t know Disney? Ask any kid (or superbowl winner) where they would like to go and they’re likely to tell you Disney. My golf buddy Rich just came back from a family trip to Disney. He’s
Is Disney a Great Company? Read More »
Happy July 4th. We’re celebrating independence day for us and for our nation. Burgers, dogs, potato salad and maybe some fireworks later. Sweet! If you’ve kept up with my posts, your probably on your way to financial independence as well. There are over 200 posts on everything from saving, investing, stocks, bonds, buying hearing aids
Put Your Money Where Your Mouth Is – July 4th Update Read More »
My wife and I are financially independent. We live in an average home, in an average town, and we take an occasional vacation. Last winter we spent a week in Key Largo. The prior year, we spent 3 days in the Red Roof Inn (near) Newport, RI off of a highway with a striking view
The Importance of Financial Independence Read More »