Kennon-Green & Co. Global Asset Management, Wealth Management, and Investment Advisory

You Can Still Get Rich and Make Money In a Terrible Economy with a Miserable Stock Market

You Can Still Get Rich and Make Money In a Terrible Economy with a Miserable Stock Market

Towards the back of the most recent General Electric annual report is an interesting graph.  It shows what an investor would have experienced by putting $100 into three different investments: GE shares, the S&P 500, and the Dow Jones Industrial Average.  It assumes that dividends were reinvested in each respective investment when they were distributed.  How were you rewarded for six years of patient investing, assuming you added no fresh cash outside of the dividend reinvestment?  Take a look.

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Video Games May Seem More Expensive But They Aren’t – It’s All In Your Head

I have been hearing a lot of grumbling lately from friends and fellow gamers about the cost of video games.  The economist in me cringes when an otherwise rational person jumps into a diatribe on the state of video game pricing and the various console wars because it reminds me of those people who insist that gas is at an all-time high, even when the inflation-adjusted cost of traveling one mile is less than it was in the 1950s.  Listening to it makes me realize how thoroughly our education system has failed at producing rational, informed citizens capable of competing in the information age where knowledge is power.  

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Kennon-Green & Co. Global Asset Management, Wealth Management, and Investment Advisory