Why American Healthcare Requires Some Type Of Federal Intervention
With the very big exception of oil stocks, the healthcare industry comprises the largest share of my personal investments. In particular, Johnson & Johnson is my far and away my largest personal...
View ArticleHow Charles Dickens Changed My Investing Life
One of the great things about going old school and reading Charles Dickens novels is that Dickens is one of Western Civilization’s all-time greats when it comes to articulating the intersection of...
View Article“If You Don’t Work On Saturday, You Don’t Eat On Saturday”
I was recently talking with a waitress at a bar I frequent often enough for the waitress to know me by name, and I remarked to her that she must have been working a lot lately because she has been...
View ArticleDisney Raises Prices Yet Again
Disney just announced, in what has become an annual tradition, that it is raising prices for Disneyland tickets 10.4%, such that the a single day Disneyland ticket will now cost $149, and annual passes...
View ArticleDisney Through The Eyes of Warren Buffett
I presume that, when Warren Buffett discusses the rationale for a particular investment, he holds back a little bit of the rationale for making the investment so that his theses aren’t immediately...
View ArticleThe Danger Of Reading Finance Articles Regularly
One of the potential pitfalls of reading about any activity is that the act of reading could potentially replace the much more important act of doing the activity. This is a concern that primarily...
View ArticleFive Financial Lessons From Charles Dickens
Since I’ve been on a Charles Dickens kick of late, I thought I would share with you some of my five favorite Charles Dickens quotes that have an economic angle, and share with you what they mean to me:...
View ArticleMoney 101: The Allegory Of The Scorpion And The Frog
Before I launch into the substantive part of this article, read this almost Aesopian tale first: One day, a scorpion looked around at the mountain where he lived and decided that he wanted a change. So...
View ArticleYou Need Five Dividend Investments That Will Be Untouchable Your Entire Life
Among the readers with whom I have had private conversations, the biggest investing regrets have generally been one of two things: (1) Either the person invested extensively in bank stocks prior to...
View ArticleHow To Create A Cycle Of Poverty And Die Broke
If you are broke, there are three occasions that make it perfectly okay to complain about it: health problems, divorce, and job loss. That is because those three things are economically and mentally...
View ArticleFinding Stocks To Create Wealth Is Like Taking A Walk Through Wal-Mart
With the typical blue-chip stocks I discuss, the volatility is pretty limited. With the exception of the 2008-2009 Financial Crisis, you don’t really see Coca-Cola, Johnson & Johnson,...
View ArticleYou Must Buy Stocks Today, Tomorrow, And Next Year
I’m very skeptical of writing of writing about “social contracts” in the American employment landscape because there is a good argument to make that they never existed in the first place. Namely, large...
View ArticlePhilip Morris International Stock: Ready to Roar
Irving Fisher’s “The Money Illusion” is a life-changing economic treatise because it strongly advances the principle of thinking in terms of purchasing power rather than nominal dollars. We all have...
View ArticleThe Thin Line Between Poverty And Wealth
If you read finance content regularly, most of it is a blur. There are only so many different ways that a person can say: diversify, live below your means, set aside an emergency fund, and so on. It’s...
View ArticleDo Not Be A Cooter Brown Investor
Back at the start of the Civil War, Southern legend says that a man named Cooter Brown lived at the dividing line between the North and South. In addition to an unclear home, Cooter had friends and...
View ArticleNo Investment Is Forever?
If you pay attention to John Templeton’s “Sixteen Rules For Investing Success”, you have likely encountered the wisdom of Rule Number 9, which tells investors that they should “aggressively monitor...
View ArticleJohn Bogle’s Index Fund Improved Your Life
When someone becomes famous, particularly if they are famous because they have some type of views that are relevant in the public policy sphere, their ideas can often become oversimplified and...
View ArticleJohn Bogle And Blue-Chip Dividend Investing
John Bogle is on the short list of my investing heroes, which may seem odd considering that he is the father of passive investing and the creation of mainstream index funds, while almost all of my...
View ArticleThe 2019 IRS Tax Refund Schedule: What To Expect
Supposedly, the government shutdown is not going to affect when tax-paying citizens eligible for a tax refund from the IRS will be able to do so. For those who will be filing your taxes in the first...
View ArticleProcessing Your Investment Underperformance
Some of the best investments of the 20th century, which include Johnson & Johnson, Abbott Labs, Coca-Cola, Clorox, and Wal-Mart, each have contained a five-year period when they underperformed the...
View Article