The false logic of my stock picking and play portfolio Late last year, after spending a significant amount of time talking with fiduciaries and reading The Little Book of Common Sense Investing by John C. Bogle, I fired my financial advisor, and took over my investments. My mini-retirement had finally given me the time to… Continue reading Betting on a player. Betting on a team. Betting on a league.
Visualize failure – the best way to prepare for anything. Imagine this financial independence worst-case-scenario: You have just visualized your financial independence vanish before your eyes. Here is the great news. You just visualized a market crash and you planned accordingly. Now, if it was to actually happen, you already have prepared for the worst:… Continue reading Are you prepared for your financial failure?
GameStop’s stock surged yesterday, on the backs of Redditors, Robinhood investors, and Elon Musk But seriously. This business with GameStop, while sort of comical, is not that shocking. Sure it might be fun in that that professional investors got their butts handed to them by Redditors and Robinhood investors, but this is a warning sign… Continue reading GameStop manipulation proves why individual investors should avoid stocks and invest in the entire market instead