While most of the world now favors diversified index funds, a few ancient masters still practice the art of buying individual stocks. Today we’ll celebrate that legacy by kicking off the new year with our Inaugural Stock Picking Contest. The rules are simple: pick three stocks from a major North American exchange. You can also […]
2018 Stock Picking Contest Read More »
A Friday in December – you know what that means. Let’s tie a bow on some random thoughts for your holiday amusement. Plus we’ll issue a challenge for a battle of wits. Welcome to another edition of TGIF! Best Christmas Gift Ever This week my brother asked what he could get me for Christmas. As
TGIF: Christmas Is Coming + Are You Smarter than a Monkey? Read More »
In most endeavors, there are high rewards for taking charge, for working hard, for striving for perfection. “Fortune favors the bold!” Taking a passive approach and relying on others to do your homework is typically a recipe for failure. Except, it seems, for investing in the stock market. Index investing is where your goal is
The Case for Index Investing Read More »
Fall is in full swing, and I’m really excited for next week since the kids are out of school and we’ll have a lot of family fun. Rather than hand-craft a post of genius for you today, I’ve decided to take it easy and start my vacation early work tirelessly to find some hidden gems
Autumn Affairs Await Read More »
I have a theory that folks in North Texas are colder and more miserable in winter than just about anyone else. I sense the furrowed brows, but hear me out. I’m not saying that North Texas has the worst winters – far from it. I’ve spent many a winter in Chicago and Northwest Indiana, and
TGIF: The Woody Rule Read More »
Today we’re going to do things a little different. There’ll be no talk of finance, even by its broadest definition. Instead we’re going to celebrate one of my heroes. You may not know him, but you may well owe your life to him. All for his actions on a single day, fifty-five years ago today.
Celebrating A Hero Read More »
I coach my son’s soccer team, and at a recent game, one of our players took the ball to the corner and passed back to his friend in the middle. Just like we practiced. His friend was about to get swarmed by defenders, so he took a great one-touch shot. Just like we practiced. The
Shots Versus Goals Read More »
Cryptocurrencies are trending! I can’t go a day without seeing some news story about them. I’d been successfully ignoring all of the noise, but last week one of my friends asked me about my cryptocurrency investment strategy. This is a guy I really respect (at least until he asked me this question), and it was
My Bitcoin Strategy Read More »
A friend recently had a few personal finance questions for me. I figured I’d just direct him to my outstanding library of foundational personal finance posts. Then I realized I didn’t have any. It was sad. Let’s remedy that, shall we? Today I’ll lay down the basics of my approach to personal finance – consider
Personal Finance Basics (and Achieving Your Goal In Life) Read More »
I\’ve had a couple of dolls for the last 15 years. They belonged to my mom. She had them since she was a little girl, and she hoped to give them to my or my brother\’s daughters. The problem is that we have failed to produce a single daughter between us (not us together, but
There Are No Plans for Your Museum Read More »