How long do you hold investments for? If it’s a bond, the maturity of that investment is typically determined when the bond is written. With stocks, the answer to this question gets a bit fuzzier. Stocks are investments without a predetermined end-date.
Warren Buffett is often quoted as saying his “favorite holding period is forever”. That sounds great, but it’s probably unrealistic for most people. Why? No empire lasts forever…
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Wow, what a summer! Every month I try to write-up a post detailing my current investing ideas, but I failed horribly in August. Summer happened. I was so busy traveling and vacationing around in August, that I didn’t manage to write that post! Ooops! Sorry about that folks! Summer was busy!
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Have you tried a “Impossible Burger” yet? It’s a burger made from a new plant-based meat substitute that’s been taking the world by storm this year. The ingredients are mostly soy and potato proteins. Apparently there’s over 9,000 restaurants in the U.S. that now serve some form of the “Impossible Burger”. Pretty neat, right?
Plant based meat substitutes have been the stuff of science fiction for years…
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First of all, let me say that I love investing. I really do. The fact that you can take a few dollars, invest them, and then make even more dollars, is like a magical dream come true.
Except sometimes in investing things don’t always go smooth. Sometimes those dreams turn into nightmares, and the investor loses both capital gains AND their initial investment…
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Oh hello there! It feels like ages since I’ve posted here, but in reality it’s only been a week. It’s been that kind of summer I guess!
We’ve been busy! The summer season tends to be our biggest “travel” time of the year, and August continued this trend. It felt like we were barely at home in August!
The first big trip of the summer was…
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If you’re a regular reader of my monthly expense reports, you might start to believe that our monthly budge is super optimized and hyper-efficient. It’s a total illusion. The reality is, we’re NOT super optimized.
Our lifestyle is nowhere near 100% efficient or optimized for maximum savings. We do this by design…
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Everybody wants to be rich. OK, maybe not everybody… but most people! The process of actually becoming rich however, is another story. It’s not easy.
I used to believe that anybody could achieve Financial Independence before a traditional retirement age. If only they applied themselves. Once reaching the fabled financial status, they could retire early, travel the world, get in shape, or donate their time to worthy causes. I believed all of this could happen for anybody, just so long as they got exposure to the right information.
Maybe it was naive of me, but I thought anyone could do it. Now, I’m not so certain.
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Whoa! It’s already the middle of August and I’m just getting around to posting July’s numbers? Sorry folks! It’s been that kind of summer!
I’ve been busy hanging-out with the kids a lot this summer, and July in particular was filled with a lot of fun family activities at very affordable prices…
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Yep, we’re still on vacation! Last week we were exploring around Dallas and having a great time, but our vacation isn’t over yet! When you’re financially independent and “mostly” retired, you could argue that everyday is a vacation, but I still like to make the distinction when we’re away from home it’s a “vacation”…
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