We have all heard that life is not a popularity contest. But, when it comes to investing, it mine as well be. Popular companies attract demand, which attracts customers, which attracts money. Popularity, over the years, creates thriving, successful businesses. Popularity, for the moment, creates bubbles, and those can break. So, the rule of thumb in investing is deciphering whether that popularity will last or if it is short-lived. AKA in investing, you don’t want to look for fads, you want to look for sustainable companies. So, how do you tell the difference? Here’s how:Read More
If you have a 401k, a 403b, a Roth IRA, or a brokerage account, you my friend, are an investor. It may not seem like that especially if you have a financial advisor, an employer, or some other entity looking after your money. However, even if you have someone looking after your money, you still need to know a bit about investing. If not, you risk getting taken advantage of, losing your money, or worse, not understanding how much you may have! Don’t fear - it’s not hard to understand.
So, what is a portfolio?Read More