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Thing One   An Investing History Lesson For Uncertain Times    Dennis Coughlin of Kipliger recently advised the following with respect to the volatile markets we are currently experiencing, “…Acknowledge the persistent nature of uncertainty. Markets have endured wars, recessions and regulatory changes throughout history. Investors who remain focused on long-term strategies rather than reacting to short-term disruptions may experience more sustainable outcomes over time…”   We

Thing One   What 10 Days Could Cost You   In volatile times like the ones, we are currently living through, some people make what seems to them to be a completely rational decision – they get out of the market.  The problem with getting out though is getting back in as the same anxiety that forces people to the sidelines often makes them reluctant to get reinvested.  And, as multiple studies have found, sitting on the sidelines for timing purposes can be quite costly.   In fa

Thing One   One Analyst’s Take On The Recent market Turmoil   The following is an excerpt from a newsletter from David Alton Clark of Seeking Alpha:   "...Here are the four key positives I see in the current market situation The Speculative Hype Has Eased The froth that once dominated the market has largely been removed. This means we are moving away from overvalued, speculative investments that were driven more by market sentiment than fundamentals. With this correction, we'

Wealth Is Knowledge   The title of this post was also the title of an insightful Wall Street Journal article.  Here is a thought-provoking excerpt from it:   ……….… "...I asked the author and economist George Gilder about wealth creation. “Wealth is most essentially knowledge,” Mr. Gilder says. “Let’s face it, the caveman had access to all the materials we have today. Therefore, economic growth is learning, manifested in ‘learning curves’ of collapsing costs driven by markets.

Thing One   “The Top” Of The Market Is All A Matter Of Perspective   Most of us are familiar with the buy low, sell high mantra.  It’s a reminder not to enthusiastically rush into the market and buy “overpriced” stocks only to get discouraged and sell them when their prices deflate.  This is good advice, but it needs context.  While there are certainly stocks whose prices “get ahead of their earnings”, there really is no such thing as the top of the market for a long-term inv

Thing One   A Reminder From Warren Buffett   Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, has long emphasized a simple yet profound principle: bad news is an investor’s best friend. During a 2008 interview with CNBC, amid the chaos of the financial crisis, Buffett explained that downturns and uncertainty often create rare opportunities to buy exceptional businesses at bargain prices. His optimism wasn’t blind; it stemmed from a disciplined belief that

Thing One   Wealth Is Knowledge   The title of this post was also the title of an insightful Wall Street Journal article.  Here is a thought-provoking excerpt from it:   ……….… "...I asked the author and economist George Gilder about wealth creation. “Wealth is most essentially knowledge,” Mr. Gilder says. “Let’s face it, the caveman had access to all the materials we have today. Therefore, economic growth is learning, manifested in ‘learning curves’ of collapsing costs driven

Thing One   HYSAs Revisited   A year or so ago, we discussed high yield savings accounts (HYSAs). Given the cash that many investors are still sitting on, we thought we’d revisit the subject. What follows is a primer per Miranda Marquit writing for Buy Side WSJ:   “…Key takeaways High-yield savings accounts often pay up to 10 times higher APYs than their traditional counterparts. Benefits of high-yield savings accounts include a low-risk way to grow your savings faster and re

Thing One   Apps That Help You Save/Make Money   Soon after smart phones became an integral part of our daily lives, the phrase, “there’s an app for that” became ubiquitous as well.  The following is a summary of three apps geared toward helping us save money:   Acorns - This one's great if you want to save without even thinking about it. It rounds up your everyday purchases to the nearest dollar and invests the spare change into a diversified portfolio. It’s perfect for begi

Thing One   A Tale Of Three Savings Plans   Once upon a time, there was a person who earned $12 per hour, working diligently at their job for 40 hours a week. They harbored a dream of saving up to a million dollars through careful savings and investments. Here are three tales of how this dream could unfold, all with an assumed 7% annual return on investment:   The Moderate Saver's Tale: Our protagonist chose to save 20% of their net income after taxes, which came to $3,840 ea