Category Archives: Investing

Running With The Bull Market

Bull, Buffalo, Animal, Mammal, Horns

Everyday is a bank account, and time is our currency. No one is rich, no one is poor, we’ve got 24 hours each. -Christopher Rice

It feels like it was just yesterday when the Great Recession hit. The stock market was crashing more than a 10-year-old computer’s hard drive. Folks were in a panic. I even overheard someone saying to a friend that she lost 50 percent of their portfolio! Yikes! I was aghast. In the illustrious words of Velma from Scooby Doo, “Jinkies!”

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In speaking with a financial aid officer, they stated while working at a university in DC that parents and students were flooding his office stating they had just lost their job and it was one after the other. It was a revolving door of people just coming to his door and saying they had been give the pink slip. Layoffs were everywhere you turned.

During 2008-2009, you could not turn on the news without hearing that unemployment levels were on the rise the likes of which they had never seen. Food banks, free pantries, churches, and non-profits were flooded with requests for help. The need was so great that some soup kitchens and church pantries were running of of food within days.

After the dust settled, things started to look up. We had hit rock bottom. Now it was time for things to go back up. The bear market went into hibernation and the bull market came out in full force. The market was seeing the red cape and came barreling after it. Stock prices were on the rise. No one could have foresaw what was on the horizon, but for those with cash it was a golden opportunity to invest.

Some experts seem as if they have a crystal ball. People like Warren Buffet, the world’s greatest investor, sits on tons of cash. As of this writing, Buffet’s Berkshire Hathaway is sitting on a record $100 billion in cash, as he feels stocks are just too high to buy. Buffet’s partner, Charlie Munger, believes in being patient and getting a bargain price on stocks. How could he possibly know this will happen? According to Munger, if you are patient, you will see that 2-3 times every 90 to 100 years the market crashes and if you are prepared, you can capitalize on that.

According to Investopdia contributor James Chen:

“The longest-running bull market in history celebrated its 10-year anniversary on Sat., March 9, 2019. It all started from the post-crisis low of March 9, 2009. The S&P 500’s (SPX) closing price on that fateful day in early 2009 was precisely 676.53. As of the market close on Wed., Oct. 9, 2019, the S&P 500 settled at 2,919.40. That represents around a 330% rise in a 10-year period. Not bad for a large-cap stock index.”

If you read my post Stock Splits and Misfits, then you know how right Mr. Munger is indeed. I have actually purchased B class shares (NYSE:BRK.B) of Berkshire. I decided to buy some shares to celebrate my birthday years back. After the stock split, not only did the price drop, but I also owned more shares. I went from owning 5 shares to 35 overnight! No matter what the market cycle, I invest. I do so for the long term. I am not a fair-weather investor. And neither should you be.

Everything I have ever witnessed anyone ever have came for years of dedication, sacrifice, and hard work. If you want to know something about anything, then merely pick a book on the subject. Want a woman’s perspective on life in the 1800’s, then read Jane Austen’s Sense and Sensibility. If you want to be more knowledgeable about the world around you, might I suggest the reading list I published in my post Money Advice From Gossip Girl. But if you want to know more about investing, I say read the Berkshire Hathaway letter to shareholders that is published annually on their website.

Whatever it is, if you want something, then go after it with zeal. If you want something, make a plan and then put action behind your words. I knew that I wanted $100,000 in the stock market. I worked toward investing a minimum of 15 percent into my stock portfolio. Those things took time to do. At one point, I decided to move $26,000 from other index funds into just one: Vanguard’s 500 index fund. I wanted to have $100,000 working for me in just one fund as opposed to several different ones. Once I did that, then it was time to make sure my asset allocation was spread in different sectors that way if one sector tanked, the others ones would keep me afloat. So far, so good.

You Can’t Do That On Television Or With Your Finances

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Never spend your money before you’ve earned it. – Thomas Jefferson

If I could rub on Aladdin’s lamp, I would wish for world financial literacy. Oh…And world peace.

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However, what I really want is for more people to get involved with the family finances and build generational wealth for their future.

Within the last 72 hours, I have read that college students are unable to afford housing in Sacramento, Forever 21 went bankrupt, WeWork will be letting go of 2,000 employees, Sports Illustrated (SI) sacked half the staff.

In addition, that there is also an aging population and a doctor shortage due to issues with stress, debt loads in the $200,000-$500,000 range, not to mention under funding of residency programs; and that most of the growth in the job market is concentrated in only two areas: health services and education.

What your job is, should you choose to accept it, is to keep as many dollars in your bank account as possible. Unlike Tom Cruise’s message in Mission Impossible, this message will not self-destruct in five seconds.

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If this were a financial hospital, I would want you to form a triage and determine which parts of your finances need most immediate care. Your bank account is the heart of your finances so let us perform a little CPR. Greenbacks Magnet style of course. This post is all about letting you know what you cannot do with your finances in order to grow your nest egg to a fortune. This reminds me of a sketch comedy show called You Can’t Do That on Television. Let me explain.

You Can’t Do That on Television is a Canadian sketch comedy television series that first aired locally in 1979 before airing in the United States in 1981. It featured preteen and teenage actors in a sketch comedy format similar to that of American sketch comedies Rowan & Martin’s Laugh-In and Saturday Night Live.

What I loved most about this show was that they would always say what you could not do followed by some hilarious punishments such as being covered in green slime. And nobody wants that! Who wants to have to wash all that slime out of your hair?

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Let’s pretend that everywhere you go there is a bucket of green slime waiting to be poured on your head for any financial missteps that you make. You may think twice about maxing out that credit card or renting that posh pad in the SoHo district for $4,000 a month. I’m just saying.

Here is a list of things that you cannot do with your finances:

  • Upgrading to First Class on credit
  • Maxing out credit cards
  • Using Payday Loans
  • Overloading on Student Loan Debt such as paying $100,000 for a Sociology degree
  • Buying a car that costs more than your annual income
  • Paying for a family member’s vacation to Disneyland on your credit card because theirs is maxed out
  • Taking out Personal Loans for more than you can afford to repay
  • Buying a home for more than four times your salary
  • Spending on fancy jewelry
  • Going on shopping sprees at the mall just because its Tuesday

Now that we have gotten that out of the way, let’s talk about what you can do with your finances. The list is short and quite simple:

  • Save until it hurts aiming for 50% of your after-tax income
  • Invest in index funds such as the VTSAX at Vanguard
  • Open up a Roth IRA
  • Max out your Roth IRA

And that’s about it.

I know what you’re thinking. That’s it?! The list for what not to do was more than twice as long.

That is because there are endless ways to spend money, but the road to wealth is quite simple. Spend less than you make and invest the difference. Therefore, if your take-home pay is $75,000 a year and you spend $50,000 on living expenses, then you should invest $25,000 a year. No matter what the numbers are, the goal is the same. The way to get to your destination may change, as life happens, but keep the goal.

I must now bid you farewell. Do not worry. I will not be far away. I am only a tweet away.

This is not goodbye. As they said in the 1987 He-Man film, Masters of the Universe, we Don’t Say Goodbye, we say Good Journey.

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I will be your Yoda on this money journey.

And may the odds be ever in your favor.

I salute you.

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Don’t Trust The Commission-Based Advisor In Wall St Cubicle 23

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If you remember this fun, quirky, and often brutally honest show on ABC called Don’t Trust The B- in Apt 23, then you know exactly where this post gets its title.

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The show aired from April 11, 2012 to May 11, 2013. It only lasted for a short two seasons, but it packed a lot into that one year.

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For those unfamiliar with the show let me bring you up to speed.

June’s (Dreama Walker) plans of moving to Manhattan for her dream job and perfect apartment are ruined when the company that hired her goes bust. Broke and homeless, her luck turns around when she finds a job at a coffee shop and a roommate, Chloe (Krysten Ritter).  The show also starred James Van Der Beek (from Dawson’s Creek fame) as himself.

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In one of the funniest pilot episodes I have ever seen of a television show, it really gives you a sense of how quickly one life can change within less than 24 hours.

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June loses her job and apartment within a few hours once the company she was hired to work for goes down in an FBI raid due to the head of the company embezzling billions from clients in an Enron type take down, which reminds you of the glory days of yesteryear of Wall Street darlings such as the likes of Bear Stearns and Lehman Brothers; the latter of which was in business for 150 years having started operations in 1850.

Some media outlets such as CNBC did an article on what happened to former Lehman Brothers employees after the collapse and some still had not recovered from the company shutting down in 2008 some 10 years later including those not being able to find full-time employment.

This show and the acquisitions or closures of places like Merrill Lynch, Bearn Stearns, which opened in 1923, and Lehman Brothers are reasons why you should be your own financial advisor.

Unlike how JP Morgan bailed out Bear Stearns in March 2008 or Bank of America did Merrill Lynch, you are on your own like Lehman’s when they filed for bankruptcy as no one came to save them because if you fail to manage your money, then no one is coming to bail you out.

Let’s go back to 2008. Banks were failing. Many were found to be a part of the subprime mortgage crisis, but like the scandal at Wells Fargo nobody went to jail. You think your money is locked up tight like Fort Knox until you realize it isn’t. That is why Roosevelt created the FDIC insurance for banks as without the $250,000 deposit insurance after the 1929 crash many no longer believed in the banking institution.

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Just because someone is wearing a suit does not mean they know what they are doing. Many of the analysts and associates that start work for their prestigious firms such as Goldman Sachs are straight out of college and still wet behind the ears. Even though I once read that the average salary of a Goldman employee was around $622,000, that does not equate to financial smarts or riches. Many of these employees still blow money like you wouldn’t believe. Instead of saving stacks they are blowing them.

Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway. – Warren Buffett

I have read enough accounts of high paying professionals and tons of the employees would blow off steam in a place called Scores in New York or buying million dollar homes, private school educations for the kiddies and exotic vacations costing $5,000 a pop.

Look, to each their own. Just understand that you are your best line of defense when it comes to your money. Read every book you can on the subject. Save as much as you can.

I even overheard a 2nd year law associate say that you can make a lot of money in New York, but it costs too much for too little. You have to be a millionaire to afford an apartment or buy a home.

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Part of the reason so many people are bad with money is because they do not learn about how money works. Please do not be one of those people. You must learn how money works. Learn the rules of the money game. Here are a few things you can do to save yourself the commission fee and invest those dollars instead.

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Use a three-part investing strategy.

Part I. Automate your savings and investments. Decide on a number you can live with, set it, and forget it.

Part II. Determine where to invest. Go with anyplace that offer fees that are less than one percent such as Trowe Price, Vanguard, Schwab or Fidelity.

Part III. Invest your money. I prefer to go with several index funds so I can be diversified in case one sector goes crashing down then others are usually going up. You could do a mix of 20 percent real estate or REIT’s, 15 percent in International Funds, 10 percent cash liquid savings in a high yield savings account, 10 percent in a bond fund and the remaining 45 percent in a stock equity fund like the VTSAX at Vanguard. This is similar to the Yale’s investment manager David Swensen’s model. He has been able to get a return on investment of billions into Yale’s coffers making them one of the larhgest college endowments on earth with $29.4 billion USD. Only Harvard has a bigger endowment war chest with $38 billion USD.

Who is David Swensen?

According to the Yale Daily News, “David Swensen of the Yale University endowment is the doyen of endowment investing. Imitation, of course, is the sincerest form of flattery. Today, the Stanford, MIT and the Princeton endowments all boast former Swensen deputies at their helm. Each also has adopted the “Yale model” of investing pioneered by Swensen in the 1980s.”

So what is Yale’s “secret sauce”?

“Until 1985, Yale had invested in mainstream U.S. stocks and bonds with a smidgen of foreign stocks and real estate.”

“Swensen was the first to apply modern portfolio theory to sizeable multi-billion-dollar endowments. He understood that “asset allocation” explains over 90% of a portfolio’s investment returns.”

“The decision whether to invest in specific asset classes matters much more than picking the right stocks. Over the past 30 years, Yale has shifted the bulk of its investments into “alternative assets” like natural resources, venture capital, real estate and foreign stocks.”

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When the market goes down, buy more. That is where the bargains are. That is how Sir Templeton made his millions. Sir John Marks Templeton was an American-born British investor, banker, fund manager, and philanthropist. In 1954, he entered the mutual fund market and created the Templeton Growth Fund. In 1999, Money magazine named him “arguably the greatest global stock picker of the century.” He purchased tons of stocks during the stock market crash when everyone else was getting out.

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So do not let fear take over how you manage and invest your money.

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Fortunes are made in recessions.

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Stock Splits And Misfits

Once you start getting interested in finances, it is inevitable that you will eventually start researching individual stocks.

All the financial pundits and mathematical experts will tell you not to invest in individual stocks. I get it. It’s the age old active versus passive investing argument.

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If you buy one stock and it goes under, you have lost all your money in that stock.

However, if you buy a passively managed index fund, then if one company fails, it is replaced by another and your money is still out there working for you.

Although most of my stock portfolio is invested in index funds like the VFINX, I too own single stocks.

It’s the thrill of the chase that gets be going after these companies. I love researching companies. Some of these businesses have more drama behind the scenes and among the management than Gossip Girl!

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See my post Money Advice From Gossip Girl

So sit back and relax while I bring you some stock gossip. You can stop flipping through that latest Cosmo or Barron’s article for just one second, put down that New York Times crossword puzzle, pause that rerun of Billions, book mark your spot in The Wall Street Journal, while Greenbacks Magnet presents to you Stock Splits and Misfits.

Cause you know, everyone just loves juicy gossip. XOXO 💋

WHAT HAPPENS WHEN YOU DECIDE TO GO ROGUE

Just between you and me, I am especially fond of these two stock holdings. I will let you in on which two stocks I enjoy individually owning: Apple and Berkshire Hathaway. The year was 2013. I wanted to have a little fun and invest some money. Therefore, I decided to buy shares of Apple and Berkshire.

For those who may not know, Berkshire Hathaway is the most expensive stock in the world priced at 321,600 as of 01:56 EDT PM 07/02/2019. For some added perspective on this stock, in 2011 it was priced for the low, low cost of $115,750; therefore, this one stock has almost tripled in price. That is incredible!

Berkshire Hathaway (NYSE:BRK.A) is the holding company of famed investor, Warren Buffett. Notable companies under the Berkshire umbrella include Geico Auto Insurance, Helzberg Diamonds and The Pampered Chef. Buffett, long a critic of short-term trading, has kept the A shares at a high valuation in order to decrease the volatility that comes from short-term trading.

Unless you have over $300,000 lying around in your personal bank vault, then you will have to stick with buying the B shares of this stock.

In January 2010, Berkshire’s B shares (NYSE:BRK.B) underwent a 50 to 1 stock split, bringing its price down from around $3,476 to about $69.50 per share. That is a huge discount! To get a piece of the Buffet pie, I will gladly pay this price. Unfortunately, I bought when prices were higher; I paid about $75-$100 bucks a share. However, I still came out ahead as now the stock is going for $213 a share. Not bad. That’s a pretty good haul for just pressing the buy button.

See my post Precious Stones Of Wisdom: Life Lessons From Indiana Jones And The Temple Of Doom

WHAT IS A STOCK SPLIT

A stock split or stock divide increases the number of shares in a company. A stock split is an issue of new shares in a company to existing shareholders in proportion to their current holdings. The price is adjusted such that the before and after market capitalization of the company remains the same and dilution does not occur.

IS A STOCK SPLIT GOOD OR BAD

According to Nerdwallet, when you had to split something as a kid, that generally didn’t feel like a perk. But when you’re an investor, splitting can be a good thing. Stock splits are a way a company’s board of directors can increase the number of shares outstanding while lowering the share price.

WHY WOULD A COMPANY SPLIT ITS STOCK

A stock split is used primarily by companies that have seen their share prices increase substantially and although the number of outstanding shares increases and price per share decreases, the market capitalization (and the value of the company) does not change. Simply put, just like the value of the $100 bill does not change if it is exchanged for two $50s.

However, not all stocks are created equal. That is why I do my homework first before buying ANY STOCK. There are some misfits out there that you do not want to buy. Basically, you get what you pay for. It kind of reminds me of The Misfits from the Jem and the Holograms cartoons.

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If you read my Meet Miriam page, then you know it’s one of my favorite cartoons.

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And because July fourth is around the corner, here is a shout out from The Misfits themselves!!!

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SPLITTING THE APPLE

And last but most certainly not least, I give you Apple! I purchased stock in Apple (APPL) in 2013, when it was going for around $60 a share. Fast forward to 2019, and the stock is over $200 a share! I got in just in time.

It just so happens that the year after I purchased 5 shares for my birthday, in 2014, Apple split the stock. It all went down on 06/09/2014 as Apple did a 7 for 1 split.

My 5 shares turned into 35 shares overnight!

All this happened simply because I did some homework and took action. Calculated risks can pay off. Remember that fortune favors the bold. In the illustrious words of Jem, “outrageous!”

3 Money Tips From Betty And Veronica

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My two biggest influences are Archie comics and Dennis the Menace.- Gilberto Hernandez Guerrero

I have always been a huge fan of Archie Comics.

Archie Comics is a owned by Archie Comic Publications, Inc. is an American comic book publisher headquartered in Pelham, New York. The company’s many titles feature the fictional teenagers Archie Andrews, Jughead Jones, Betty Cooper, Veronica Lodge, Reggie Mantle, Sabrina Spellman, and Josie and the Pussycats.

Growing up an Archie comics fan or Archiekins fan, as I like to call it, was a lot of fun. Loved the stories. The comedy was top notch. The drawings were colorful. The stories were insightful. And even though the star was Archie Andrews, my favorites were best friends and worst enemies – Betty Cooper and Veronica Lodge. Their love triangle and rivalry over Archie goes back over 70 years! Since about 1942. They been fighting over this red-headed punk since the 50’s! Call it what you want. Madness or chaos or for better or worse, Betty & Veronica are in it to the very end to fight over the affections of Mr. Andrews.

The comics are still popular. So much so that The CW show Riverdale was created for television.

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“Don’t underestimate her and don’t bet against her.” – Archie Andrews, KJ Apa in Riverdale

However, this post is going to focus on their financial lives. Here are 3 money tips I learned from Betty & Veronica!

MONEY TIP ONE: SPENDING LOTS OF MONEY WILL NOT EVER LEAVE YOU SATISFIED

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You think blowing tons of dough on shopping sprees will make you happier? Then think again.

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If you have ever seen Uninterrupted Kenading Dough, pun intended, then you know even millionaire NBA players are watching their finances. In an episode with Draymond John, The Golden State Warrior talks his first big check, how he learned how to manage his finances and more.

He is trying to create generational wealth for his family. Mighty important in my money playbook! In addition, that he wants to be a billionaire by age 40. That is not a typo. I did not stutter. He said billionaire with a B and not millionaire with an M.

How is that possible? Well, if you invest instead of spend, you can make your wildest dreams come true.

Think of it like this. If you have a $1,000,000 invested with an 8 percent return over 40 years, it would net you $10 million. So imagine if you have that $10 million from the start. You could have over $200 million in that same 40 year time period by just letting it ride.

Therefore, when you think of life, money, saving, and investing: Think Bigger!

MONEY TIP TWO: ONLY HIRE A PROFESSIONAL IF YOU DO NOT THINK YOU CAN DO IT YOURSELF

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Some of you may not know it out there, but where you invest your money matters. One of the reasons many bloggers like myself prefer Vanguard are the fees.

Many other brokerages may charge anywhere from 1 percent or higher. Vanguard typically charges less that 1% for all of its funds. It’s admiral funds are among the cheapest!

Saving 1% in fees can mean the difference of having an additional 10 years of retirement income.

Therefore, my suggestion is that you focus on limiting the amount of fees you pay for your investments, if you want to get and stay rich; pay less in fees.

See my posts

Avoid Bank Fees And Get Rich

Avoid Paying Interest And Get Rich

MONEY TIP THREE: THE SIMPLE LIFE IS CHEAPER

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Betty was always the rational, cool and level-headed one of the trio. She was good-natured and down to earth compared to the glamorous vamp Veronica.

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Mature beyond her years and nice, Betty, was the calm in the otherwise hectic dating storm that was between the girls and Archie.

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Veronica was rich and spoiled, but Betty was middle-income and demure. If you want to live lavish, then be my guest.

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However, if you are unprepared when the credit card bills arrive, then you are in trouble. Being sued by your land lord because you spent all your money at the mall looking cute is just plain idiotic.

Worse yet, living in your parents basement with maxed out credit cards while you pay $0 in rent!

Focus on keeping your housing, transportation, and food bills low so you can keep your savings high.

It was a great feeling when I was able to start saving and investing over $10,000 a year. My goal was financial independence.

That would mean I saved and invested $100,000 in 10 years! That does not include any earned interest. With compound interest, I was able to save, invest and earn $50,000 in only 2 additional years!

Forget spending and shopping. Keep your eye on the prize.

Forget Vegas baby! It’s all about Financial Freedom baby!

So those are my 3 tips from Betty & Veronica. I’m signing off now.

All my love.

Your hostess with the mostest,

Greenbacks Magnet Smooches 💋

Hedgehogs And Hedge Funds

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Have you ever heard of a hedge fund? If not, I will explain here for you.

A hedge fund is an investment pool with a limited partnership of investors that uses high risk methods, such as investing with borrowed money, in hopes of realizing large capital gains.

simple hedge fund definition is: a hedge fund is an alternative investment that is designed to protect investment portfolios from market uncertainty, while generating positive returns in both up and down markets. Throughout time investors have looked for ways to maximize profits while minimizing risk.

Hedge funds got their name from investors in funds holding both long and short stocks, to make sure they made money despite market fluctuations (called “hedging”).

According to Jim Cramer’s thestreet.com, because of their nature, hedge funds are typically only open to qualified (read: well off) investors, although not exclusively.

Simply put, a hedge fund, like a hedgehog, has a narrow focus and does one thing really well, which is to make money no matter what. However, in life it is usually the person who has much knowledge, as Rory Gilmore of Gilmore Girls would always say, that tends to do better in life.

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Knowing a lot about one thing (like a hedgehog) is great, but knowing a little about a lot of things (like a fox) can be even better.

Truth be told, I just want to collect my compound interest and dividends the same way Sonic the Hedgehog collects those rings.

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Sonic, the protagonist, is an anthropomorphic blue hedgehog with supersonic speed. Typically, Sonic must stop antagonist Doctor Eggman’s plans for world domination, often helped by his friends, such as Tails, Amy, and Knuckles.

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The game was released in 1991 and is still one of my favorite Sega Genesis games. Solving puzzles, saving his fellow animals, and the world is all part of Sonic’s charm.

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The Greek poet Archilochus wrote, “the fox knows many things, but the hedgehog knows one big thing.”  So which are you? Are you the hedgehog or the fox when it comes to investing?

IT ALL COMES DOWN TO RISK How risky are you?

Do you dive right in or do you take calculated risks?

In my experience, you should know your limits and then stop right there. Especially, when it comes to your money.

If you cannot afford to lose more than $100, then that is your risk level. If you cannot lose more than $5, then that is your risk level.

Once you decide to cross that mark, then you are in uncharted territory my friend. You do not have to push yourself to the limits.

Unlike Archer, the world’s greatest spy, you do not have a private detective or any other type of agency that will bankroll or bail you out in case of an emergency.

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You must provide your own safety net by hedging your bets and always having an emergency fund.

SAVING FOR A RAINY DAY OR A MONSOON, WHICHEVER COMES FIRST You must hope for the best, but prepare for the worst.

Remember prince charming or princess moneybags is not coming. You are ON YOUR OWN!

Once I learned this lesson, I took steps to change my financial life. First, I set a goal. Second, I wrote it down. Third, I executed. Lastly, I watched my bank balance go up. As will you, if you follow this plan.

You need to set a goal. Mine is $100,000 USD in savings. Then you must write it down, as a goal that is only in your head is a wish. Then you make a plan and get to action. Mine was setting a savings goal per year and went like this: Year 1: $600 saved Year 2: $1,200 saved Year 3: $3,500 saved Year 4: $13,333 saved Year 5: 14,000 saved Year 6: $15,000 saved Year 7: $17,000 saved Year 8: $18,000 saved Year 9: $20,000 saved Year 10: $25,000 saved

If you add these yearly amounts, you will see that by year 9 I will have saved $102,633.

My goal will have been met after almost a decade of diligent saving. You are no longer living paycheck-to-paycheck and can handle any emergency that comes your way.

SLY AS A FOX BUT THE FOCUS OF A HEDGEHOG I say why not take attributes from both.

Be agile and cunning when it comes to investing and staying away from actively managed funds in favor of passively managed index funds.

Your laser-like focus will be on index funds just as a hedgehog is good at that one thing, you will be at focusing on one index fund: VTSAX.

This fund is all inclusive as it holds the entire stock market in its hands. You will see that over time the price has gone up. Therefore, as an investor, you must play the long game. When stocks go down, you buy. Basically, whenever there is a recession. When they go up, you hold.

This is solid advice. I need you to listen. Please don’t go. DON’T HANG UP!!! WAIT!! BUT…BUT…

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If you want to place your bet on this course of action, I will bet you the same amount as Eddie Murphy and Dan Aykroyd did in Trading Places, $1!!! As that is my risk level, in this instance.

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Good luck out here in these investing streets.

Price – VTSAX

Current prices

Price as of 06/25/2019$72.22
Change-$0.68 -0.93%
30 day SEC yield
as of 05/31/2019
1.96%B
52-week high 09/20/2018$73.65
52-week low 12/24/2018$58.19
Range$15.4626.57%