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 CalmThe 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