Global volatility in the stock market means that long-term
business oriented investors should go looking for solid publicly traded
businesses selling on the cheap.
Monday, June 27, 2016
Friday, June 17, 2016
Take Care of What You Have
Nothing depletes your cash more than replacing a piece of household
equipment that wasn’t properly maintained.
Thursday, June 16, 2016
Rainy Day Fund Could Morph Into a Rainy Year Fund
You never know how tough things are going to get. It pays to
have an emergency fund that will pay bills for a year and a half.
Wednesday, June 15, 2016
Pay Your Credit Card Off On Time
Always make sure you pay your credit card bill in a timely
fashion. If you don’t, interest costs will accrue. The accrual of interest expense
represents reverse compounding of wealth.
Tuesday, June 14, 2016
Focus On What’s Important
On any given day the stock market will go up some and down
some. Long-term investors in publicly traded businesses should focus on things
such as growth in revenue, net income and free cash flow and whether or not
they sit behind high barriers to entry.
Monday, June 13, 2016
Risk of Permanent Loss in the Stock Market
Remember there is always a risk of permanent loss in the
stock market. The most widely known route to a permanent loss is bankruptcy.
Another way is that a company that you own shares in may go private at a price
less than what you paid for.
Friday, June 10, 2016
Long-Term Investors Love Corrections
Stock market corrections enable long-term investors to
purchase shares in excellent publicly traded companies on the cheap.
Thursday, June 9, 2016
Look to the Future
Looking at past oppressions and failures will not help you
move forward in your career if you only obsess on them. Try to learn something
useful from the experiences.
Wednesday, June 8, 2016
You Have to Make Your Own Security
In a day and age where employment is increasingly tenuous,
it pays to maintain the viewpoint of building your own security. People needs
to build their own retirement, healthcare and (increasingly) even their own
career by owning a business or pursuing some form of self-employment as
employers increasingly become unreliable. All of this takes money. Save all you
can while you can.
Friday, June 3, 2016
The Importance of Earmarking
It is important NOT to think of money as a generic
commodity. Every dollar has a purpose. Thinking along those lines goes a long
way in properly managing your finances.
Thursday, June 2, 2016
Wednesday, June 1, 2016
Thoughts on Stock Prices
Long-term investors should always look for lower stock prices.
Lower stock prices enhance the chance of superior returns over the long-term. However,
diligent investors should make sure that the correction isn’t justified.
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