As entrepreneurs who are trying to grow our companies, it’s an important question. One that we’ll be constantly faced with: should you seek or take investor money? Whether you’re just starting or you’ve been around a while and want to grow faster or capture another market, it’s a tough decision to make. It’s not an easy decision because there are considerable...
VTSAX conquers all: The case for investing in low-cost index funds
In previous articles I’ve covered why it’s so difficult for people to beat the market. How Warren Buffett is an anomaly and how it’s so hard to beat the market that only 5% of fund managers manage to do it. Far fewer individual investors can do it and why this is one reason I don’t use a financial planner. So why is it so tough to beat the market and what should we do to...
Is it investing or is it tarot card reading?
When the subject of investing comes up for discussion in social circles it’s usually the exciting stuff: day trading, crypto currencies, house flipping and technical analysis (reading charts). It’s the stuff that’s fun to talk about with friends. To trade stories about how you put money into Bitcoin and a week later sold it for double. Or how you found a stock that was about to...
There’s only one Warren Buffett (and it ain’t you)
An excited friend sits down to tell me about this new stock trading platform founded by a Wall Street hot-shot. While working at a Wall Street investment firm this genius created an incredible algorithm that is able to picks stocks. It’s so advanced it can predict when a stock will go up and when it will go down. It was so successful that he left Wall Street and started his own company. Now...