Are you making a 6-figure ($100,000) or higher income? How much do you have in saving? How much do you save per year? In the latest survey (September 2016 by GoBankingRates) on 7000 American adults, […]
1. Think of yourself as owning a business and not buying something that wiggles around in price.
2. Your attitude toward the market.
3. The margin of safety. Don’t try to drive a 9800 pound truck over a bridge that says “Capacity: 10000 pounds.” Go down the road and find one that says “Capacity: 15000 pounds.”
Figure out what works and do it. Figure out what doesn’t work and stops doing it. This is incredibly simple. And yet, like anything simple, it’s incredibly hard to do consistently. When I first learned […]
If my $114.75 had been invested in a no-fee S&P 500 index fund, and all dividends had been reinvested, my stake would have grown to be worth (pre-taxes) $606,811 on January 31, 2019 (the latest data available before the printing of this letter). That is a gain of 5,288 for 1.
When Peter Drucker was asked: what should students ask a prospective employer about leadership and mission before making a decision to commit at least a portion of their life to the service to the organization? […]