Chunky Revenue Streams
My job is to write newsletters. I get paid pretty much every day of the year, as new subscriptions and renewals come in. It is a fairly steady revenue stream.
We’re a Nation of Gamblers
The United States is the only place in the world where people routinely put the bulk of their savings in the stock market without knowing much, if anything, about how markets work.
Nobody Knows How Bonds Work
I began my investing journey at age 23. I got some pamphlet that said I should invest in some bonds to go with my stocks. I didn’t know what a bond was.
Infinity or Zero
You see this a lot in the markets: When people say they will hold an investment forever, they will either make infinity or zero.
Owning a Beater Car
There is something to be said for a beater car. And these days, buying a new car is a luxury.