Your Kids Are Watching and Learning About Money from You
So much is learned in families and communities through osmosis. Your relationship to money and time are among the most important.
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Investing is the process of putting aside money today in exchange for more money in the future. This process involves risk but, when well managed, can help grow your wealth over time due to the power of compounding. This is the investing archive that includes articles published on JoshuaKennon.com. If you are looking for more great content, visit Joshua’s Investing for Beginners site at About.com, a division of The New York Times.
Retirement Investing: A Married Couple Working for Wal-Mart Could Retire and Live Very Comfortably
Taking advantage of the right stock matching and retirement investing benefits, it would be possible to almost instantly double your money due to company matches if you and your spouse worked for a company such as Wal-Mart Stores.
Investing Advice from Charlie Munger
Here are some words of wisdom I came across about portfolio management and building wealth from billionaire Charlie Munger. We’ve really made the money out of high-quality businesses. In some cases, we bought the whole business. And in some cases, we just bought a big block of stock. But when you analyze what happened, the…
The Monopoly Stock Exchange Add-On Is the Only Way to Play
In 1936, Parker Brothers released an add-on to the popular Monopoly board game called the Stock Exchange. Although the core Monopoly game had two asset classes – real estate and a few common stocks in the form of the four railroads and two utility companies – the Stock Exchange add-on brought the experience to a…
Is Wells Fargo Undervalued?
I am reading the Wells Fargo & Company annual report again for the fourth time this year, as well as conference call transcripts, analysts reports, and a host of other documentation. I’ve been looking at making some additional purchases of Wells Fargo & Company for the long-term holdings through some of my personal retirement trusts and plans, including the only one I discuss on the site, the KRIP portfolio, because I’m convinced the “new” bank, which includes the acquisition of Wachovia during the Great Recession and financial meltdown that doubled the size of the “old” bank, is significantly undervalued.
Building a $250,000 Coca-Cola Portfolio By 35 Through the Coca-Cola Direct Stock Purchase Plan
Aaron and I were sitting in a sandwich shop trying to flavors in the new Coca-Cola Freestyle machine, when I began to wonder what it would take to build a $250,000 stake in a company like Coke by the time a person reached 35 years old. It was a fun academic thought experiment.
The Two Questions An Investor Should Ask Themselves Before Investing Money
Before you invest a single penny of your money into a potential stock, bond, project, or other asset, there are two questions you should ask yourself. These two questions could have saved a lot of investors from asset bubbles and bankruptcy court. #1 – Does the Investment Offer an Adequate Rate of Return All Things…
Berkshire Hathaway Board of Directors Approves Share Repurchase Plan
I’ve made no secret of the fact I’ve been a net purchaser of Berkshire Hathaway shares for the past year. The valuation seemed (and still seems) absurdly low relative to intrinsic value. Apparently, the Berkshire Hathaway Board of Directors and management agrees.1 The company is now looking at itself as the best use of the firm’s cash.
I Bought 100 Shares of The Walt Disney Company as a Souvenir During My Visit to the Resort
After breakfast this morning at the Animal Kingdom lodge, we headed over to Downtown Disney. As we shopped for souvenirs before flying back to Kansas City tomorrow, I was in the enormous World of Disney store when I realized the best possible souvenir I could have would be ownership in the business. From the kitchen section, surrounded by Mickey Mouse spatulas and Minnie Mouse oven mitts, I took out my phone, remotely logged into one of my personal brokerage accounts, and purchased a small memento in the form of 100 shares of The Walt Disney Company at $33.04 per share.
The 12 Implications of Realizing There Is No Stock Market
One of the things that helped me build wealth early in my career is the realization that there is no “stock market”. Instead, there are individual businesses and individual investors who own those businesses. From time to time, a business owner may want to increase or decrease his ownership in a company so he approaches…