Your Money Will Go Where Your Time Goes

There are a good number of people, in the Western world in particular, who have a good amount of spare time on their hands.  Some might argue with this statement, citing the growing number of people working more hours to pay for all the things they think they need (but actually don’t) that they’re getting in more debt to acquire.

I’m not talking about the work-a-holic, where too much is never enough and who is living on the knife-edge of burnout, working well over the traditional 40-hour work week.  Instead, I’m referring to Continue reading “Your Money Will Go Where Your Time Goes”

Is Diversification Good or Bad?

A popular mantra in the world of investment advising is the idea of diversification, of dividing your money into several different types of investments instead of just one or a few and, in the case of stocks, into several different companies.

This is in stark contrast with Warren Buffett, considered one of the most successful investors of all time and arguably the most famous, who once said: Continue reading “Is Diversification Good or Bad?”

Choosing What to Invest in Does Not Need to be Complicated

When it comes to deciding what to invest in, particularly stocks, people can get easily overwhelmed – especially those just starting out.  Not only are there thousands of stocks to choose from but too many people focus on charts and numbers and the never-ending analysis and advice.  Some of the most successful investors in history, Continue reading “Choosing What to Invest in Does Not Need to be Complicated”

A Successful Investor Needs the Right Personality, Not Just the Right Resources

Perhaps the greatest benefit to a person who wants to invest their money in this day and age is being able to access a nearly endless amount of information, analysis, and advice about a multitude of investment types, including stocks.  From T.V. resources like Continue reading “A Successful Investor Needs the Right Personality, Not Just the Right Resources”

Did You Ride Out the Storm?

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?”

Learning to Become a Bored Investor

I’ll admit that I’m about to bare my investing soul about one of my last great remaining weaknesses as an investor:  impatience.  May you benefit from what I’m about to share.   Continue reading “Learning to Become a Bored Investor”

How to Fail as an Investor

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 Best Investors Ignore the Market

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”

When is the Right Time to Sell a Stock?

In another post, I outlined some ideas on when to sell a stock based on looking at percentages.  In this post, I want to give some other ideas about when it might be a good time to get rid of a losing stock, or one that appears headed for a loss, or one that seems to be going nowhere any time soon. Continue reading “When is the Right Time to Sell a Stock?”