How To Be Ready For The Next Stock Market Downturn

The unemployment rate is up. Dividends are down. Some companies are declaring bankruptcy. But the stock market is roaring. Make sense? The market will correct in a big way. It’s coming. I don’t know when, and that’s not important. Here is what you can do to be ready. If You Are Within Five Years Of… Read More »

What Do You Want In A Business Of Your Own?

You could say that I am a business owner. I have my own corporation that does technology consulting for other companies. There is a problem with it though: I am my only employee. I trade my time for money. It is not the ideal business. So what is an ideal business and how do we… Read More »

What Does It Take To Be Financially Independent?

You can be financially independent if you like. That may seem like a pretty big elephant at this point, but it is certainly possible. Now, you could be financially independent by owning rental units and bringing in more than you spend. You could sell your time or effort for money, similar to a job, but… Read More »

Week In Review 6/28/2020

As much as I like the challenge of writing a daily blog post, I think it is time to scale back a little. I am going to write just one per week from now on, likely on Mondays. I am seriously just running out of interesting things to write about within the focused investing realm.… Read More »

Living Off Your Investments Should Be Your Goal – i.e. Retirement

I like to begin with the end in mind. So generally, I save and invest for retirement. I do have a regular brokerage account but that is savings for my kinds, our savings is in IRAs and 401(k)s. Not to say that having a regular brokerage account is a bad idea. You can always buy… Read More »

You Will Lose Money If You Invest In The Stock Market

I mean that both literally and perhaps not so literally. There will be time when market value will decline and your gain will be negative. There will also be times when you want to sell a loser, and have a good reason. The hope is that overall your stock portfolio will gain, in time, much… Read More »

Stock Market Investing: Cash Is King Right Now

It seems like nobody believes me. The market can only go up right? If you believe that, the top 1% in wealth will get your stock market investment. Why? Because it doesn’t feel good to “lose money”. I quote that because I mean market value. Most novice investors will sell like crazy when the market… Read More »

This Is The Makeup Of My 10 Stock Portfolio

I will tell you but there are rules: I don’t want to influence you to buy particular stocks, especially without investigating them for yourself. So no company names or stock ticker symbols. Second, I will not give you enough information to figure it out for yourself. All I can say is that I have invested… Read More »

These Are The Reasons To Buy A Wonderful Company

It is Tuesday yet again, time for a Warren Buffett quote: “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.” (Motley Fool) Warren Buffett started out his career looking for substantial value. Often that would take him into companies with some possibility at great… Read More »

Here Is What You Do When You Don’t Understand A Financial Term

When we are looking at financials of a company, we need to look at them like an underwriter who is making sure that money will not be lost on a loan to the company. An underwriter is looking for risk. Risk that the company will not be able to repay. An underwriter knows their stuff.… Read More »