I always keep an eye on sectors that perform poorly for years. I do that by looking at how the sector performed on a 1-year, 5-year, and 10-year basis. The poorly performing sectors do eventually turn around, though it is hard to say when. Take a look at this chart showing the S&P sector ETFs and …
Every financial adviser has some version of the Latte Factor. It goes like this. If you skip your latte, you save about $4 every day. That’s about $1460 per year. Instead of your usual latte, if you invested that money at 11%, you will have a $1 million dollars in 40 years. There is even …
Herbert Wertheim is probably the last person anyone expected to be on the Forbes’ Billionaires list. He is an optometrist and an inventor. But he became a billionaire by carefully buying and holding stocks for the long term. Forbes has a long profile on the 79-year old. It was an eye-opening article for me on …
Lessons From The Investing Journey Of Optometrist Billionaire Herbert Wertheim Read More »
Most aspiring day traders imagine trading from a beach or in their underwear. They imagine making millions of dollars in a short amount of time as they have seen in movies and online advertisements. New day traders are told that they can be their own boss. They don’t have to dress up and show up …
