Jack (John) Bogle is no stranger to the stock market. In fact, his career has witnessed all of the market’s ups-and-downs over the past 66 years. He is the father of the index mutual fund and the champion of the individual investor, and he started the famous Vanguard Group mutual fund company in 1974. When he retired from his role in 1999, Fortune magazine named him one of the four “investment giants” of the 20th century. Continue reading “An Example of Ignoring the Noise”
Several years ago I was in a training seminar and the speaker, who was an engineer with an attitude, an edge about him, was talking about the properties of concrete. At one point he got very passionate as he explained how you should never call it “cement”. In fact, he got pretty irate as he lamented how uninformed people call it cement, emphasizing how cement is only one of the ingredients of concrete and not concrete itself. He said that this would be the same as calling a cookie “flour” when flour is only one of the ingredients of a cookie and not a cookie itself.
The same idea can be applied to all the investment gurus and everyday people out there who Continue reading “Gambling in Stocks or Investing in Companies?”
If you were to do an online search for the top ten fears/phobias that people have, nearly every list contains two that relate to a similar thing. One of the phobias is Continue reading “Are Hot Air Balloons an Adventure or an Ordeal?”
The title of this post might appear to target a narrow audience but it also applies to any person of any belief system who thinks that there is some inherent wrong or evil with seeking to earn a return on money through investing it, especially in something as misunderstood as the stock market. Continue reading “Should Christians Buy Stocks?”
How many of you reading this have known somebody who has lost money in the stock market? How many of you have lost money yourself?
A recent realization came to mind about how unusual it is for a blog like this – or any other article related to personal finance – to be believing in and promoting the potential of the stock market at a time when public perception and confidence in it is perhaps at one of its all-time lows. After all, Continue reading “Stock Market Myths – Don’t Believe the Hype!”
A lot has happened since my last post in early October 2015. Less than a month later, my dad passed away after a 3-year struggle with cancer, but I had been fortunate enough to be able to spend a lot of time with him in those final months. (As an aside, if a person does not choose to do a lot of reflecting during times like that, trying to ignore the reality of death, then I would argue that he’s missing out on some monumental life lessons.) So yes, I had to ride out a personal storm, but I also learned and was reminded a lot about life in general. Continue reading “Did You Ride Out The Storm?”
If there’s one goal I’ve had for this blog all along, it’s to be transparent and honest. That’s quite easy for someone like me, middle class and not a household name. I don’t have to uphold a façade, to pretend as though I have it all together, unlike famous people who are very good at pretending.
And honestly speaking, right now it’s tough for “regular” people like me in various parts of North America. In my part of the continent, Continue reading “Thoughts on the Recent Market Correction”
In another post, I compared the nature of the stock market to an ocean. Well, days like today are much like the waves on an ocean and also the weather outside my window, very turbulent and unsettled. In fact, I would say that the market today is quite irrational compared to anything else in recent memory. For example, how else can you explain Continue reading “Keeping Your Sanity in a Market Storm”
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”
Recently, I finally read one of the classic books on stock investing, “One Up on Wall Street” by Peter Lynch, the 2000 edition. Among many of the intriguing insights, there was one factor mentioned that never seems to get much discussion because Continue reading “The Best Investors Ignore the Market”