Earlier today, Peter Lazaroff shared an excellent post that he created, which put together some serious wisdom from the financial blog-osphere. The lineup of blogging all-stars weighed in on an interesting topic: what’s the biggest mistake investors make? You can check out the post on Peter’s site here: https://peterlazaroff.com/2017/01/30/whats-the-biggest-mistake-investors-make/ I think all of the participating bloggers made valuable… [Read More] Will This Still Be a Good Idea in a Few Weeks?
When it comes to winning football teams, nearly all have something in common, a franchise quarterback. There’s a reason teams are always looking to draft their next “franchise QB” and not a “franchise free safety”. The quarterback is the on-field leader who often dictates whether a team succeeds or fails. I had a theory that… [Read More] Don’t Invest Like the Browns
I recently began watching HBO’s The Wire for the first time. I’ve been told by many friends that it’s a great show. I’m only about half way through season one, so while I can’t speak to its quality yet, I do have some thoughts about a quote from the show I came across: “You cannot lose,… [Read More] You Cannot Lose, If You Do Not Play
My brother showed me this question and answer from Tony Horton’s Instagram account the other day. Tim, Casey, and I love doing Horton’s P90x workouts, but whether you like them or not there’s an underlying message here: stop believing there’s a quick and easy way to achieve your goals, face reality, and start putting in the… [Read More] Sabotaging Investment Myths
“If we compared average rainfall in the month preceding and the month following the performance of the Hopi rain dance, we would find more rain in the period after. The dance is not performed unless there is a drought(…). Nevertheless, this ’slump-ending’ effect may help to account for the tenacity of belief in the effectiveness… [Read More] Fire the Manager!
One of the biggest reasons people invest is because they want to have enough money to live on later in life. They understand that even modest inflation deteriorates the value of their current dollars over the course of time. In order to at least keep up with inflation, money gets put into an investment portfolio. Sometimes… [Read More] Be Uncomfortable While You Can Afford It