In May 2016, I expressed some very contrarian arguments about why I decided to sell my entire position in Apple Inc. Of course, they weren’t the least bit contrarian at the time because many others were expressing them. The stock price had fallen around 25% from its all-time high over the course of a year, fueled mostly by worries about Continue reading “Why I Don’t Feel Stupid for Dumping Apple Inc.”
Two high school friends, Steve Jobs and Steve Wozniak, began building home computers in a garage in the mid-1970s and less than 40 years later the company they started, Apple Inc., became the largest in the world. An athlete named Kevin Plank started making originally designed, moisture wicking T-shirts in his grandmother’s basement in 1996 and selling them out of the trunk of his car. He named his company Under Armour.
Whatever the stories of the most successful companies in the world today, however humble or exciting their beginnings, the one common factor Continue reading “Invest From A Company’s Point Of View”
Apple Inc. (AAPL) has fallen out of favor with several investors lately, and certainly for not the first time in it’s nearly four-decade history. I’m not an advocate of selling any stock without good reason, and I rarely do any more. In my case, I found a few reasons a couple of weeks ago to sell my stake in this company. Continue reading “Why I Dumped Apple Inc.”
Don’t let the title of this post throw you off, because I’m going to engage you in a bit of reverse psychology. Sometimes, a great way to do something right is to instead learn how it’s done wrong and then do the opposite.
A few years back, a friend of mine who knew that I was into stock investing asked me if he should get into it as well. My first suggestion was that he absolutely not, foolishly assuming that Continue reading “How To Fail as an Investor”
The great turn-around in my stock portfolio began almost two years ago after I subscribed to an investing advice service that featured mostly American stocks. Having experienced my losing ways in Canadian-only stocks, I figured with this fresh start that I would jump into owning stock in American companies, or at least stocks listed on the American exchanges even if some companies were Canadian-based. Not that Canadian stocks were bad, Continue reading “Being A Canadian Investor in the U.S. Market”
Up until a couple of years ago, I was a complete failure as a stock investor. If there was a mistake in judgment as the result of impatience, greed, or ignorance, I had made it. But if you’ve read some of my other posts, you’ll learn that by starting to receive excellent advice not only on great companies to invest in but also the idea of buying and holding them for the long term, my fortunes have turned around considerably in a short time and so can yours. Continue reading “The Market Will Sink You If You Don’t Understand It!”
I have a friend who, a few years ago, asked me if he should “get into” stock investing. At the time, I was still wallowing in my losing ways, “gambling” with stocks as I describe in some of my other posts. My paraphrased reply was: ‘No, I don’t think you should. But if you think you really have to, just do the opposite of what I’ve done and you should do just fine!’
What you’ll also read in some of my other posts is how my once-sinking ship has made a drastic turn-around, thanks in large part Continue reading “Should You Really Invest In Stocks?”
One mantra that everybody even remotely acquainted with investing has heard for many years now is “buy and hold”. I first learned about it over 20 years ago, but I was too impatient to put into practice plus I didn’t have the right information. Finally, after ‘seeing the light’ upon learning the right information, Continue reading “Some Crucial Lessons About Buy-and-Hold Investing”