I like to think that I'm doing some good here on the blog. Your emails, comments, and return visits have led me to believe that. That said, I don't think that I am a "guru" and that everyone else is wrong. My point on this site is simple: you can invest like Warren Buffett. Still, you don't have to. And some people clearly don't want to.

Yesterday, I got a comment that brought me back to 1999.

Continue Reading Amylin II. Excuse The Sarcasm. ››

One thing that Wall Street wants you to believe is that you have to get your money into the markets today—or you are never going to retire the way you hope to. Why? How else will they get you to buy their investments today?

In reality, you have time. You absolutely have to start saving money today, but you do not need to get it into the markets just because you have it. Let me explain:

Continue Reading Let Me Tell You About Patience ››

Let's face it—there is risk in everything you do. From driving a car to eating at a restaurant, from walking down a flight of stairs to shaking someone's hand, you are risking your life every second of every day. Why? Hey, you can't control everything and you have to take some chances in life.

What are we to do? Go agoraphobic and confine ourselves to our homes? Not quite—the building could collapse, germs could creep under the door. Where is all this going? Right here: The more risk you take in life, the more likely you are to die. Maybe not the first time...but definitely the last. The same is true in investing.

Continue Reading Risk Versus Reward ››

When the markets crashed in the early 2000s, Wall Street was quick to run to the television and tell America that investors were too aggressive and should have been more diversified. And yet, not a person in the world can tell you how much diversification you should have...or how much is too much.

Continue Reading The Dangers Of Overdiversification ››