If You Find Tobacco Stocks Unethical, You Should Buy Tobacco Stocks
Something worth thinking about is the nature of second and third order effects and how the consequences of certain actions can be much different than what we actually intend. Take something like...
View ArticleBruce Springsteen Released “Born To Run” 38 Years Ago Today
On August 25th, 1975, Bruce Springsteen released the album that forever changed his life, Born To Run. It is an eight track masterpiece that finally proved The Boss worthy of the lavish praise the New...
View ArticleWhy You Should Follow James Altucher At The Altucher Confidential
There’s about fifteen or so writers in the personal finance realm that I make a point of following regularly. I’ve highlighted some of them—Mr. Money Mustache, Jason Fieber at Dividend Mantra, and Greg...
View ArticleBob Dylan, Columbia Records, And The Abuse Of The Scarcity Principle
Yes, you can ruin a sound economic principle by taking it too far. One of the basic underpinnings of Economics 101 is this: the creation/illusion of scarcity is good for the provider because it...
View ArticleIf You Are Investing A Few Hundred Dollars Per Month, Computershare Should Be...
www.computershare.com Check it out. Scroll through the terms of some of the plans available. If you looking to put less than $250 or so into a given stock each month, I’d stick with the companies that...
View ArticleYou Should Never Fear A Breakup Of The Too-Big-To-Fail Banks
I have always found it odd that people that a breakup of the big banks like Citigroup, Bank of America, Goldman Sachs, JP Morgan, and Wells Fargo would somehow screw over shareholders. As you probably...
View ArticleThe Hard Part About Investing
When I contemplate a potential investment, one of the hard decisions to make is defining the point at which a management team’s executive compensation becomes so excessive that it ought to deter...
View ArticleHow To Solve 10% Of Life’s Problems
I was recently reading this article on the effectiveness of D.A.R.E. programs nationwide (for those of you not aware, D.A.R.E. stands for “Drug Abuse Resistance Education” and is a nationally run...
View ArticleHow To Save The Newspaper Industry
Somewhere in the basement at my parent’s house, there is a collection of newspapers that marked off important historical events from our family’s worldview. Copies of the St. Louis Post-Dispatch on the...
View ArticleThree Ways To Ruin Your Financial Life
One of the most powerful ways to think that I picked up from Charlie Munger was this: reverse engineer everything. There are generally two ways to do this: first, you determine the outcome you want,...
View ArticleSome Retirement Advice Is Terrible, Short-Term, and Treats You Like A Yo-Yo
If you received the September 7th copy of The Wall Street Journal, you would have encountered Jason Zweig’s article on the bottom of the first page titled: “Trading Your 401(k) Account: How Bright Can...
View ArticleThe Secret That Can Carry You Through Your Investing Life
Dividends, plus the passage of time, can make a stock price chart look silly because of the easily understated nature of dividends in the wealth-building process. That’s it. That’s the secret to...
View ArticleYou Have Five Sources Of Power In This World
Every now and then, I like to write “big picture” posts that put my finance articles into the proper perspective of the overall whole. Today, I wanted to talk about the five sources of power that you...
View ArticleThe Straight Dope On Diversification
I recently received this comment and question from reader “DB”, and once I saw that my response had crossed the 1,000 word threshold, I decided it was worthy of its own post. The question is about why...
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 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...
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John Bogle And Blue-Chip Dividend Investing
John Bogle is arguably one of the most important men in American finance during the course of the 20th century. The index funds that he created have been an absolute godsend for people that want to...
View ArticleThe Most Important Thing About Money and Investing
The average household income for readers of this site $82,000 per year. That makes sense—there are only three reasons why someone would want to read about money: (1) they have money, (2) they...
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