Monday, June 27, 2016

Hunting Time for the Value Investor

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.

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

Ignorance is Not Bliss in Investing

Always understand your investments.

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.