You may have been thinking back to your childhood when you read this month’s RAGE Gauge, titled “Remember When You Were A Kid and Money Was Free?” Maybe you were thinking about how much work it took to earn enough money for a movie and some ice cream on the weekend back then. Or maybe […]
Investing
Investing Mistakes to Avoid: #9 Hobbyist or Hobbit?
“We are plain quiet folk and have no use for adventures. Nasty disturbing uncomfortable things! Make you late for dinner!” said Bilbo Baggins to Gandalf in The Hobbit. Which leads me to “Investing Mistakes to Avoid: #9 Hobbyist or Hobbit?” This is a story about a recently retired investor. The hobbyist investor. The most dangerous […]
The Case for Individual Stocks: Now More than Ever
UPDATE 11.18.2020: Has there been a company better positioned for the pandemic than the Home Depot? If your fire pit is more like your new outdoor living room, you know exactly what I’m saying. It’s almost impossible to find those neat outdoor heaters. The same goes for pressure-treated wood. We’re all trying to make our […]
LETTER #2: Federal Reserve Chairman from Your Survival Guy
Dear Chairman, I know you’re busy. Forgive me for writing without hearing from you. But successful Americans, the ones I work with, still have questions. But first, I do recognize you’re in a tough spot. An unelected official trying to please those busy bees buzzing about the White House while keeping decorum within your ranks. […]
The Highest Duty Known to the Law?
You know from here and here that Your Survival Guy wants you working with a fiduciary, someone who serves you, not two masters. Here’s great wording by Jack Bogle: The concept of fiduciary duty has a long history, going back more or less eight centuries under English common law. Fiduciary duty is essentially a legal relationship of […]
Serving Two Masters is No Way to Invest
Are you working with a fiduciary? What is a Fiduciary? In “The Fiduciary Principle: No Man Can Serve Two Masters,” the founder of The Vanguard Group, John (Jack) Bogle, explained the fiduciary duty as follows: “The fiduciary is expected to act at all times for the sole benefit and interests of the principal, with loyalty […]
A Lesson in Survival
You may have recently read the incredible story of the survival of four children, one only 11 months old, who survived after their plane went down in the Colombian jungle, killing their mother and the other adults on board. If you haven’t heard the story, Fox News’s Brie Stimson reports the details, writing: Four children […]
Starved for Fixed Income?
You can sink your teeth into today’s yields. But don’t let the search for the perfect time to get in weigh you down. I’m not in the prediction business, but in a couple of years, investors may regret a strategy that simply rolls over 3-month bills with no escape plan. Action Line: When you need […]
Investing Mistakes to Avoid: #10 Picked Off First
Your Survival Guy has compiled a list of investing mistakes to avoid. It’s a list for highly successful, fairly wealthy investors. Today’s lesson is what I refer to as “Picked off first.” Do not get picked off first base. When you have some money, or in my example, get a hit, you need to protect […]
RAGE Gauge June: Remember When You Were A Kid and Money Was Free?
Remember when you were a kid, and money was free? Neither do I. And yet there’s a generation of kids/young adults looking for a home to buy, shocked at how much a mortgage costs. Money isn’t supposed to be free. It’s a product just like a Starbucks latte or avocado toast. You buy it. And […]
- « Previous Page
- 1
- …
- 21
- 22
- 23
- 24
- 25
- …
- 112
- Next Page »