Richard Russell’s Rule #1
Originally posted January 7th, 2016.
You need to have some will-power to stick to your guns in this stock market. No one said it was...
Compound Interest is Key
For prudent investors, the last three years have meant watching the so-called FAANG stocks (and other speculative shares) rise at a rate that is...
Dow Down Over 1,000 Points
What great news for me and for you if you are actually an investor. I mean a real, seasoned investor. One who embraces common...
Pumping Gas to the Tune of $8 Million
Hard to even comprehend, but this great story, courtesy the WSJ's Anna Prior, recounts how Ronald Read accumulated an estate valued at almost $8 million....
The Most Powerful Force in Investing
The most powerful force in investing is compound interest. As Charlie Munger, Warren Buffett's long-time partner once said "Understanding the power of compound return...
Turn $200 into $7 million
A client shared this story with me last week: In 1935 Grace Groner purchased three shares of company stock in Abbott Labs. 75 years...
The Power of Compound Interest
Making money with your money is a no-brainer. Take a look at the difference in returns between two $40 investments in Coca-Cola in 1919....
The Monday Melee: American LNG Tsunami
A New World LNG Order:
Ambrose Evans-Pritchard writes for The Telegraph:
The United States is poised to flood world markets with once-unthinkable quantities of liquefied natural...
Advice from My Father
When I was a kid my dad would talk to me about money. It was usually unsolicited advice. You know the kind.
The advice he...
“Money Makes Money,” Ben Franklin
An important message from Vanguard’s F. William McNabb III:
The power of compounding can put time on your side
The purpose of my annual letter to you...