2020 Investing Wrap Up!

For my final blog post of 2020, and as a sort of investing wrap up for this incredible year, I wanted to follow up on two investing-related posts from last year, namely: The Fabulous Investing Decade of the 2010s (Whatโ€™s Next?) (from 12/31/19) Day 311: Whatโ€™s Your Risk Tolerance? (from 6/10/19) In the first of these two posts, written in the waning hours of the 2010s, I thought about the last decade, specifically how cushy it ended up being for investors (despite the Financial Crisis that preceded it). That’s very…

Onward with the Learning

When it comes to money, being an adult has provided an ongoing-financial education. Running my own business, dealing with life’s expenses, and planning for the future teach me much valuable lessons every single day. I’ve supplemented my personal experience with lots of reading: since 2015, I’ve read about sixty-six business and financial books ๐Ÿ™‚ Just today I finished reading “7 Secrets to Investing Like Warren Buffett,” by Mary Buffett & Sean Seah (thank you, Sacramento Public Library). The book gives a basic primer on “value investing,” which is what Warren…

A Tale of Two Stock Picks

Interesting story: First of all, let’s establish that to date, my wife and I are not “stock pickers.” We have focused on index funds. However, a few years ago, my wife started a Robinhood account (Robinhood is a popular investing app). This was around the beginning of 2018. Incidentally, this was right when we learned about Moviepass, the movie-going subscription program which upset the industry by offering dramatically cheap monthly passes that practically gave people free movie tickets. Moviepass’s moment proved to be short-lived. However, at the time we were…

Rewards Card Update (Yes, I’m Giving Thanks!)

First off, Happy Thanksgiving! Today I’d like to write an update on our rewards credit card, which we got a few years ago. I was a bit cautious about it at the time. After all, prior to this, I had spent many years with high revolving balances on credit cards. I associated having a credit card with feeling stuck in credit card debt. Yes, this SUCKED ๐Ÿ™ Happily, I changed things around, paid off the old cards, and experienced the empowerment of being credit card debt-free! When I was ready…

The Magical Savings Snowball

As I have written before, I am a big fan of compounding. It excites me to no end to think of the power of money that I have invested growing over time. I’m also very much inspired by stories like Warren Buffett’s, which Alice Schroeder captures so well in her Buffett biography “The Snowball.” In the book, the snowball is a simple image that encapsulates Buffett’s journey to incredible wealth. Buffett used his business acumen, personal gifts, and the power of compound interest (!) to attain a level of financial…

Hey, Mr. Investing Junkie, Lay Off the Rat Poison!

Recently I have spent a lot studying websites like portfoliocharts.com and portfoliovisualizer.com. First, let me say these are fantastic sites. I often find myself enjoying their rich wealth of data about the past returns of various investments, and the historical characteristics of different portfolios. At the same time, it seems that I have crossed the line from doing enjoyable research to something… else; namely, trying to find out what the “perfect portfolio” is ๐Ÿ™ This might seem valuable or logical to do, but I feel as though I have fallen…

The Investing Research Junkie and the Unsolvable Riddle

I have long since surpassed the amount of study the average investor needs to do a solid job as an investor. At this point, you might say that I am a bit of a junkie when it comes to reading and researching investing. This has probably been more or less true since I first started investing in the Spring of 2015. Yet back then I could justify my fetish with the fact that I wanted to learn more about personal finance topics, investing included. I needed to get edumacated! We…

The Post-Bear Market Bounce Back

Since the stock market bottomed out back in March, it has been on a (mostly) steady climb back up, notwithstanding last week‘s declines. How quickly the crash (ie bear) became a boom (ie bull). Strange and interesting times indeed. Apparently this trend of immense growth following bear markets is pretty normal (even if it usually doesn’t turn around as quickly as it did this year!). I just re-read Tony Robbins’ and Peter Mallouk’s “Unshakeable,” which is essentially a more concise version of Robbins’ “Money: Master the Game.” In “Unshakeable,” the…

Keep It In Perspective!

Yesterday, the stock market took a plunge, with the S&P dropping 3.53%. My friend Greg, who started the investing discussion group I am a part of (you can visit our website here if you like), sent an email to our group with two pictures, the one above and this one: Let’s examine these a bit. Notice that both images are a graph of the S&P 500 Index, which is a collection of the 500 biggest companies in the U.S. They also both show where the S&P was after yesterday’s commotion;…

It’s Not the Subject (It’s How It Feels)

I have written a lot (as in A LOT A LOT) on this blog about delighting in things that I enjoy. Well, recently, I have been blissing out thinking through some adjustments I am making to my investing strategy going (this has not been unlike a similarly-intensive thinking process I wrote about last year.) To be more specific, a week and a half ago I shared my insights gained from investing this year. Doing that mental work naturally got me thinking about how I want to invest in 2021 (and…