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 »
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 »
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 »
So let’s take a look at what was happening in business news this week: JC Penney kicks off liquidation sales at 136 stores this week – CNBC Norwegian stock plunges after cruises put on hold through September – Market Watch Extra $600 in weekly unemployment benefits runs out next month. Here’s how to prepare –… Read More »
Since it is Saturday, I thought I would talk about another alternate investment: Treasuries. A Treasury Note or Bond is a loan from you to the U.S. Government. You buy a bond for $1000, hold it until maturity, then you get your $1000 back. In the mean time, you are collecting a dividend. That is… Read More »
One good reason to use charts. I am not a fan of technical analysis. But charts do have their place. For instance, are we closer to the top or bottom of the market? Using the S&P 500 gives us a lot of the large cap stocks: The ugly red line shows us the top of… Read More »
There is only two ways to put more money into savings: make more or spend less. You may have trouble doing either. This blog post is designed to give you actual tasks, expenses to look at, and mindset changes that may help you start to build your savings account. Why Do You Want To Save… Read More »
Warren Buffett is #4 on Forbes Richest People In The World (CBS News). Period. End of Story. He is worth $67.5 billion all by himself, separate from his conglomerate Berkshire Hathaway. Much of what we talk about here has to do with what Warren Buffett and others have been able to do consistently over decades.… Read More »
It’s Tuesday and time for a Warren Buffett quote: “The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.” (Motley Fool) What Is Temperament? Merriam-Webster defines temperament as a “characteristic or habitual inclination or mode of… Read More »
Please note that I do not own either GE or Walmart (WMT) stock. In this video, I go through my quick evaluation of both stocks using their financials. Most companies report financials about once per quarter so you have the chance that your information can be a little stale. Still, it is the best public… Read More »