Investing your hard earned dollars into the stock market is probably the most common way to save for retirement these days, but investing takes plenty of faith (as discussed in a previous post). Market crashes and giant bull markets happen. Black Swan events. Weird stuff happens all the time. Things you wouldn’t expect, and events that defy logic. There’s even times when investing theory and the real world just completely disagree…Read more
Quick question: How much of what you do as an investor is done on faith? The belief that you’ll continue to earn good returns from your favorite asset class. I ask, because even though we happen to be living in an Age of Prosperity, many investors are largely relying on blind faith when investing in the stock market…Read more
It seems like everybody has a side hustle these days. Whether it’s a Youtube channel, flipping goods on Ebay, selling hand-made thingamajigs on Etsy — there’s plenty of ways to make a little extra money on the side. Blogs (like this one) are just one example.
Most people don’t make a ton of money from these side hustles however. You don’t see Etsy many sellers driving Ferrari’s…Read more
I think May has to be my favorite month of the year to live in the Pacific Northwest. Everything is green and blooming from previous rain showers, and the weather finally gets warm and dry enough to spend an entire day outside with the family.
Most of the year here is cold, cloudy and wet. We spend a lot of time indoors playing board games, reading books, watching movies, hanging out with friends, and trying to stay dry….Read more
They say the time to buy is when blood is in the streets… Well, I’ve starting to see plenty of red over the last couple of weeks. I guess that means it’s time for another investing ideas post!
Yep, it really has been months since I last wrote one of these investing ideas posts. It wasn’t because I lacked any interest in investing; I just couldn’t find any great ideas. Everything just looked too expensive to my eyes over these last 6 months…Read more
Now that spring is here, the rain is finally starting to dry-up in the Pacific Northwest (PNW). For all the readers that don’t live in the area, we have a very bipolar weather pattern — 4 months of constant rain and clouds in the winter, and then 4 months of absolutely no rain in the summer.
It’s a weather pattern as regular as clockwork…Read more
I need to admit I made a mistake. At first glance, master limited partnerships ( ‘MLP’ for short) always seemed like the kind of investment I would automatically dislike — With flat share prices, large debt levels and high dividend yields. They ticked a lot of my “don’t invest” boxes pretty quickly.
It should come as no surprise, that I’ve essentially ignored MLP’s for years…Read more
It’s long been a goal of mine to have a dividend income that roughly matches our family’s annual expenses. I say *roughly*, because in any given year we might have a random irregular expense that causes us to overspend our cash generation a little.
(The purchase of a new car, an expensive family vacation, or repairing the roof on our home would be good examples of this)
This year, I’m going to be pretty close to that goal…Read more
When you think about it, money is a pretty funny thing. For a couple thousand years humans used precious things to represent this idea of “money” — ivory, colorful shells, precious gems, livestock, silver, and most notably gold. This worked well for humanity for a very long time… as long as the values were small.
The general inconvenience of physically carrying a whole bunch of “precious stuff” eventually gave way to paper certificates…Read more