I was reading the White Coat investor’s blog the other day and he had written something that was very profound and it was a good gauge to test what level of investor you are. Here is the quote below “I have often said that beginning investors have trouble following their plan at market lows, intermediateContinue reading “What’s Your Investment Gauge?”
Author Archives: The Fire Investor
Gamble The Right Way
I recently read Robert Kiyosaki’s book titled Rich Dad’s guide to becoming rich and he stated in that book that in order to become rich and wealthy we need to be a good gambler and a good banker. What he means is that you have to be a good saver and also be able toContinue reading “Gamble The Right Way”
Investing 101 for the buy and hold investor
Sometimes it’s hard to do what’s important and what matters as it pertains to investing. It’s not the return on your investments that ultimately matter, but its if you’re able to stay the course in order to get that long term compounding interest that will double and even quadruple your investments every 10 years orContinue reading “Investing 101 for the buy and hold investor”
5 Barriers to Investing
I have listed the 5 barriers to investing in the stock market below and the barriers are fees, fear of losing money, high cost of stock ownership, lack of knowledge, and lack of motivation.
How to Avoid Speculative Investing
Delayed gratification vs. Impulsivity Speculative investing I recently wrote about having a reasonable investing plan and how important it is to have one, but It’s even more important to have an investment plan during times of market volatility than in bull markets. If not you may be investing speculatively and be unaware of it. BenjaminContinue reading “How to Avoid Speculative Investing”
How to Pay For College
College will likely cost between $60K and 100K a year in the next 20 years. This is based on the projected 3% yearly increase from the current average cost of $25K for public universities and $40K for private universities. The cost would increase to $240k and $400K respectively for a public and private college education.Continue reading “How to Pay For College”
How to be a Patient Investor
Slow and Steady Wins The Race One of the great Jack Bogle’s most memorable quote is “Buy and hold, but don’t forget the hold”. What is the meaning behind this quote. Lets say you have a stock or ETF that you have bought thereby satisfying the buy part of the equation. You’re now contemplating buyingContinue reading “How to be a Patient Investor”
How to develop an income stream
Investing in stocks is like farming. There is a time to reap and then there’s a time to sow. It’s a great hobby to partake in if you have patience. That’s why the stock market is not the best place to keep your emergency funds. It’s the same reason why your personal home should notContinue reading “How to develop an income stream”
How to choose between passive vs. Active investing
The reason I hate investing in individual stocks is because at the end of the day there will be winners and there will be losers. All of your individual stock holdings will not win. To win at investing in individual stocks your winners have to outperform your losers. Your winners have to win bigger thanContinue reading “How to choose between passive vs. Active investing”
Perspective
1. Stocks will likely continue to fall for the next 1 month, 3 months, 6 months or 12 months 2. Stocks will likely hit all time highs again in the next 1 year, 3 years, 5 years or 10 years. 3. If you’re a long term investor and don’t need to touch your cash forContinue reading “Perspective”