And 2 that I’m still working on to do better. — Like many of you, I grew up in a middle-class family. We weren’t poor, but we certainly weren’t rich either. I attended public schools, rode in my parent’s used cars, and lived in modest houses. For fun, I looked up the current estimated values of my three childhood homes on…

Why I’m upgrading my portfolio this year — As Charlie Munger says: “All intelligent investing is value investing — acquiring more than you are paying for.” But, of course, this is not easy to do well. Fortunately, there are a couple of ways to try. The first is the traditional Ben Graham strategy of buying companies at massive…

What I learned the hard way and what you can do instead. — I love photography and have spent several years and not a small sum of money trying to get good at it. When I first started thinking about trying a side business, I went for photography. Why not? My images were beautiful, and I was already putting in most of the…

And what to do instead. Everyone likes money, right? And everyone wants to get rich, or at least have a level of financial security. The problem most people don’t realize is that running after money is the thing that will prevent you from building wealth and becoming rich. It is…

What I’m doing and what you can do too. Most people dream about the future. I know I do. I’ve been a “dreamer” my whole life, always thinking about the future and what could be. Do you dream about living in a mansion and traveling around the world? Do you…

An analysis of the historical data and what to do about it. Inflation is as high as we have seen in 40 years, causing all kinds of problems in the economy. I’ve read different opinions on how stocks perform during periods of high inflation. Some say inflation reduces your returns…