Having a vision in life is important even for kids. With COVID-19 my kids are schooling from home and have limited access to their traditional daily activities, so it can be difficult. The outside variety of stimulations aren’t as prevalent these days. They will be back at some point, and that can be hard … Read more
As of this date 11-27-20 Tesla has been a visible flyer with respect to current price. It currently trades at 19x its price to sales. With so much controversy around the current price of the stock I thought I would use a simple metric to put this into perspective, so I ran some simple numbers … Read more
Having investment triggers that start your investment research are important. It’s worth the time to list your triggers. Doing so speeds up your search for the next great investment choice. Every investment process starts with a trigger. Everyone uses a trigger, yet most probably don’t realize it. Investment triggers are data or comprehension of an … Read more
I spend a lot of time searching for excellent long term investments that are priced at a discount to value. Finding ideal business investments is time consuming and takes a lot of reading and analytical research. Often you’ll wander down the path of what looks like a good potential investment only to come upon a … Read more
Real estate investing and stock market investing both have a common goal of achieving winning returns, yet both implore different processes that require unique mindsets and emotions. Both investment assets have similarities in that they both require finding a quality investment, buying that investment at a fair price, and managing the investment for long term … Read more
Raindrops don’t swim upstream. Raindrops don’t fight gravity. Raindrops take the path of least resistance. Whether it’s a window, a leaf, or the soil thousands of raindrops keep moving in the direction of gravity. A thousand raindrops can fall at once and the earth handles it. Raindrops are rarely a threat unless millions of them … Read more
Patterns and trends are powerful. Certain kinds of patterns and trends change the way we think or operate. Trends can be things like sustainability, energy independence, women in business, online shopping, digital marketing, and workplace flexibility as examples. These past patterns and trends change the way consumers act and spend their money. A pattern is … Read more
Blue Chip Stamps started years ago as a loyalty program. Consumer’s would make a purchase at a grocery store or pharmacy and they would receive Blue Chip Stamps back from the cashier along with their purchase as an incentive program. Once the consumer acquired enough Blue Chip Stamps they could redeem the stamps for merchandise. … Read more
Mechanical portfolio management can make your investing work easier. In upward or downward markets knowing when to take a profit or when to buy can be difficult. Using a simple mechanical portfolio management allocation balancing method can mitigate challenging market decisions. This is a rule based tactic which can help to keep you on track. … Read more
Using an age based formula to determine what percentage of funds to allocate to equities versus fixed income is crazy. This formula suggests choosing your investment allocations where a person deducts their age from a number such as 110 to get your equity allocation and fixed income allocations. As an example, if you were 50 … Read more