How 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,...
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Philip 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 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’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 ArticleSharebuilder Investing: My Review
Sharebuilder, back in the early 2000s, had a great premise. For a fee of $4 per trade, you could build up an investment position in a stock over time. If you wanted to own, say, $10,000 in Berkshire...
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...
View ArticleFirst Stock Purchase of 2019
I despise self-promotion, much preferring the approach of the Chinese proverb “Make happy those who are near, and those who are far will come” or the Charlie Munger approach “Do your own work that’s on...
View ArticleMy Coke Rewards: What Happened?
As someone who owns Coca-Cola stock because it controls 3.5% of the world’s liquid beverage supply and earns obscenely high profit margins of 29%, I follow the beverage maker’s marketing efforts over...
View ArticleHow To Find Success, Wealth, and Good Fortune In The Stock Market
If you follow the Fama-French models or read the work of people like Larry Swedroe who espouse something called “the efficient market hypothesis”, you may think that it is dumb to invest in individual...
View ArticleDon’t Tell Jason Fieber He Can’t Retire By Age 40, Professor
If you would listen to Rob Weagley tell it, it’s a foolish game to try and pursue early retirement. He was recently quoted in The St. Louis Post-Dispatch speaking approvingly of bloggers that encourage...
View ArticleThe Promised Land of Dividend Investing
Sometime in the past twelve months, Realty Income did it. Since becoming a publicly traded company three and a half decades ago, every dollar that you invested into Realty Income back then would be...
View ArticleThe Easy And Hard Ways To Create Million-Dollar Fortunes
I am friends with a woman whose father is a partner at a law firm in Missouri. I do not talk about her dad’s occupation much, other than the fact that she constantly mentions that her dad works a...
View ArticleHow To Be An Intelligent, Wealthy Long-Term Investor
Today, I want to spend a couple minutes talking about a blogger named Darren Rowse, a man whose skill in building a blogging empire I respect immensely. He’s a guy who runs a collection of highly...
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