There are quite a few people who avoid investing altogether because of the wild gyrations of the market. To some, the market seems like a casino. I’d be better off putting my money on red and spinning. It’s hard to argue against this when just this year, we’ve seen the Dow gain or lose over […]
What Drives Stock Price Changes? Read More »
Today, I’m perusing the TJX annual report. Before we get into (a light assessment of) the details, let me give you my background with TJX. I have to give my wife credit for this one. Back in 2015, she mentioned that she enjoyed finding bargains at Marshalls, TJ Maxx and Home Goods stores and wondered
In a few posts, I’ve mentioned how investing is a hobby for me. I read company annual reports and analyst research reports for fun. Kinda sad. But while I laugh at this, it is a big part of the reason I was able to retire at 56. Let me explain why. And I promise, we
Investing As A Hobby Read More »
For anyone who owns a security, whether it is a stock, bond, mutual fund, or ETF, it is important to understand a little bit about how the market works. The media and the investment community make this a little harder because we’re often told that the “market” is doing things that aren’t always its fault.
What Did The Market Just Do? Nothing – Here’s Why. Read More »
We’re in the thick of annual report season and today I skimmed through the report of the most boring company in my portfolio. It is…drum roll…Rollins. Huh? Who? Yup, that’s right. Rollins, Inc. Rollins deals with bugs, mice, termites and other pests. Reading about Rollins is about as dull as it gets. I love this
Boring is Beautiful Read More »
As an equity investor, we’re looking to find great businesses in which to invest our capital. In my case, I’m retired, but I have a good chunk of my savings invested in equities – stocks and equity mutual funds – that I expect will grow over the next 20 years. I’m not looking for businesses
Finding Great Companies Read More »
Many of us, myself included, believe that we can grow our wealth by buying shares of publicly traded companies. There are thousands of companies that are traded on US and international exchanges, all of which are available to us as investors. So how do we choose? I’ve written a bit about analyzing companies and creating
By any measure, long-term diversified equity (stock) investment builds wealth. This is not to say, I can put all my money in Fred’s Computer Chip Company and become rich. But if I invest in a diversified basket of well-researched stocks, or a nice low-cost S&P 500 fund, history shows that I’ll grow my wealth. Read
Take Advantage Of Market Over-Reaction Read More »
It’s Proxy season again. If we invest in a number of companies, we’ll likely find quite a few emails in our inbox telling us to Vote Now! While this may look like a scam, it’s not. This is the time of year when companies issue their annual reports and invite shareholders to vote on key
What the heck is a board of directors anyway? In today’s post, we’ll talk about 2 recent events that demonstrate the difference between an effective board of directors and a not so effective board. Before we do, let’s talk about what a board of directors does. Public Companies All public companies have a board of
A Tale of 2 Boards Read More »