While I think about money and investing every day, it's rare that I have an epiphany. But last week I had one.On Friday, something crazy happened to my investment portfolio. I hold 931 shares of Meta (Facebook) and the stock had its best day ever. It was actually the best day ever for any stock. Ever. The shares rose 20% from $394.78 to $474.99. This $80.21 increase … [Read more...] about An Index Fund In Reverse (Facebook Insanity!)
JL Collins
JL Collins And The Difficult Path To Wealth
Hey look, JL Collins, author of The Simple Path To Wealth, is out with a new book:How I Lost Money In Real Estate Before It Was Fashionable is JL's true story of a disastrous real estate transaction. Short of being electrocuted, everything that could have gone wrong went wrong. And then some.The story starts with JL trying to decide whether he should buy a Porsche or … [Read more...] about JL Collins And The Difficult Path To Wealth
The Difficult Path To Wealth
A man who carries a cat by the tail learns a lesson he can learn in no other way.-Mark TwainWhenever the stock market takes a big dump, I feel a little giddy. Mindy and I are still in the saving part of our lives (she works, I don't [Wife-FI? Spouse-FI??]), so corrections are opportunity.We got very lucky last spring. We had paid cash* for a home back in 2020, but our … [Read more...] about The Difficult Path To Wealth