So, back in August, I wrote this: And 7 months later, here we are. (Side-note: I sandbagged it. The S&P 500 and Dow Jones are 30% and 35% off their all-time highs respectively.) I'm no clairvoyant. I could have predicted a downturn at just about any time in history and been correct. Markets go mostly up, but they go down too. Frequently. I also had no idea … [Read more...] about Frozen Dinosaurs, Axe Murderers, Murderous Multiples, Ignorance, Recession, And Depression
stock market
Joining The Multimillionaire Club (And What I’ve Learned About Money)
I started my first real job right around 1/1/1998, about 20 years ago. To get my investment portfolio (primary home excluded) to the first $1,000,000 (Double Comma Club), it took a long time, almost 17 years. Or, because I like to measure stuff in days: 6,174! During that period, I worked hard at various programming jobs. Some of them were very stressful and I … [Read more...] about Joining The Multimillionaire Club (And What I’ve Learned About Money)
Funny Money Portfolio Update
Ever since JL Collins showed me the wisdom of index funds, I've been a big fan. Prior to that, I invested in individual stocks. Stocks worked out pretty well for me. I'm a tech nerd, so I was heavily biased towards geek stocks. I bought Google when it IPOd in 2004 at a split-adjusted $42.50/share (over $1,200 today). I also bought Apple back in 2007 when the iPhone was … [Read more...] about Funny Money Portfolio Update
Keep Calm And Invest On
Tyrion Lannister: l’m the captain of the ship, and if the ship goes down, l go with her.Lord Varys: That is good to hear. Though l’m sure many captains say the same while their ship is afloat. Keep Calm The markets have had an interesting couple of weeks. And by interesting, I mean bad: But how bad is it really? If you pay attention to the media, you'd think that … [Read more...] about Keep Calm And Invest On