Yeah! If you’ve read my posts, you know that I’ve frequently recommended investing in a nice low-cost S&P 500 fund. Why is this? Equities Equity means ownership. Equity investments are ownership shares of businesses. And while not all businesses succeed, a basket of equities like the S&P 500 can be a great investment. I wrote […]
Put Your Money Where Your Mouth Is 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
I recently used T. Rowe Price (ticker: TROW) as an example of a stock that makes me money while I sleep. I noted that its price appreciation wasn’t great over the past 10 years, but that it paid me steady income. Here’s the 10 year chart comparing TROW to the S&P 500. That Stinks That
Why I’m Happy With TROW Read More »
Warren Buffet said this. He’s done pretty well for himself. Maybe there’s something to this? What Does That Mean? It’s a catchy and news-worthy quote, but how do we take action? And by we, I mean those of us who don’t have billions of dollars and who don’t manage many large corporations including Berkshire-Hathaway, GEICO
“If you don’t find a way to make money while you sleep, you will work until you die.” Read More »
When in doubt, go with a story. I’ve written a bit about asset allocation. In my mind, having a well-thought out asset allocation plan, and updating it as our lives change, is as important as choosing the right investments. Yeah Right If I’d chosen a nice low-cost S&P 500 fund like IVV in December 2009,
Asset Allocation – My Mom’s Story Read More »
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 »
We invest to grow our wealth, so it’s natural to want to keep score. How are we doing? If we’re not doing as well as we’d like, or as well as the other guy, maybe we need to make some changes. This is how we’re programmed. We did this in school with our grades. We
Be Careful What You Measure Read More »
About 5 years ago, I started helping my mom with her finances. She asked me to help, not because she was concerned about her investment performance or because she was uncomfortable making investment decisions on her own, she asked because she was constantly getting a pile of fund prospectuses on her doorstep. Seriously, the thing
Diversification v. Diworseification Read More »
I’ve talked about some of my more interesting investment decisions like being wowed by Netflix’ service and after loving it for years decided to look into the company. Or watching the TV Show Ozark and then driving by Bank OZK and deciding to look further. The best investment ideas seem to arrive in slightly strange
How To Find an Investment Idea Read More »
If you had asked me this question last week, I would have answered emphatically NO! This week, I have a better appreciation. Here’s why. My Story If you’ve read my posts, you know that finance is a hobby for me. I’ve taught classes, I read about companies on my own for fun (seriously). I like
Do I Need A Financial Advisor? Read More »