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I know people who go all in on one philosophy. They’ll either only look at the fundamentals, or only use technical analysis. Honestly, this is not healthy. Investor sentiment drives the market. And investor sentiment, barring any external factors, follows certain patterns, which is why technical analysis is so useful. But one would have to be a fool to ignore external factors.« Continue »
There is a great deal of excitement in the markets. The S&P 500, DJIA, and Nasdaq continue to break all time highs. But I am very concerned. There are a number of factors which driving the probability of a crash higher. Furthermore, the probability that the crash will be deep is being driven higher as well.« Continue »
The current Jackpot is $1.3 billion. It may even go higher before the Wednesday drawing. I can’t say that gambling is a good way to “invest” and I think of it more as a form of entertainment, but still, if I did happen to win, I wouldn’t just spend it all. It amazes me how many people win hundreds of millions of dollars and then end up bankrupt in a few years. I don’t think people realize just how much it costs to **maintain** all the stuff they buy, so they spend a lot of their money, and then spend the rest trying to maintain the things they’ve purchased.
So how would I use the jackpot? Well, let’s assume that the after tax lump sum amount is $450M. I would take $50M off the top, and use that for living expenses, spending money, etc. Why so little? It’s because the rest would go into businesses. Then I can help ensure that I’ll **always** have a lot of money to do with as I please. It would also result in a lot of jobs produced.
Here are the companies that I would create, and why.« Continue »
“How should I invest $x?” Under a certain amount, my answer will be the same. Focus on stocks, bonds, and precious metals, and use a low cost broker like Motif Investing for stock purchases.« Continue »
Since I’m going to be doing a whole series of articles on investing, and have already written one on investing with less than $10K, I figured I would write about a very different type of investment vehicle: yourself.« Continue »