How to handle market volatility When the dot com bubble popped in the early 2000s, a lot of investors dumped their Amazon stock. The share price plunged 95% from its high. 🙁 Stock prices fluctuate a lot in the short term, but over the long run they ultimately reflect the intrinsic value of the underlying company. And that… Read More »
Inflation protection Do you remember when air was free at the gas station? Now it costs $1.00. You know why? Inflation. 😀 It’s crazy to realize that the dollar has lost over half its value during my lifetime so far. One dollar in 1987 could buy what $2.33 can buy today. This is why everyone should hedge against… Read More »
My new investments in psychedelic companies In 2015 I wrote about buying $WEED stock and deduced that the marijuana industry was going to the moon. $WEED is up 800% since then. 🙂 Today I believe investing in psychedelics may be the next smart move. The industry is still small – worth about $3 billion this year. But reports… Read More »
Playing by a different set of rules Wall Street is confined to playing the short term game. What will earnings look like next quarter? How will the election affect business performance? But you can play the long game. This reduces your volatility, increases your probability of making money, and is frankly way less competitive. This is your main… Read More »
A review of what happened Around mid 2019 I explained why I was bullish on real estate, silver, and bonds for the next 18 months. That’s why I purchased an investment property that year. Well 18 months have passed. Silver is up 50% since 2019. Bond funds, such as ZLC, are up double digits too. And the housing… Read More »
Making the most out of compound interest In my latest YouTube video I spend 5 minutes describing how to make use of double compound interest. It’s basically like regular compound interest, but you end up with twice as much money in the end. 🙂 You can watch the video by clicking here or take a look below. … Read More »