Tag Archives: business

Consignment Shops: Best business model ever?

Our local upscale consignment shop, er, I mean Gallery Imagine you could have a business selling stuff you didn’t own. Imagine you had no manufacturing costs. Imagine you had no cost of goods sold. Imagine you could stock your store with inventory that didn’t cost you a dime unless and until it sold. Imagine you […]

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Stocks — Part VII: Can everyone really retire a millionaire?

“I wonder if it would actually be possible for every single person to retire a millionaire?” That very provocative question was posed in the comments by reader mmrempen a few posts back.   It’s been rattling around in my brain ever since. The short answer is a qualified “Yes!”  It is possible for every middle class wage earner […]

Posted in Stock Investing Series | Also tagged | 35 Responses

Stocks — Part VI: Portfolio ideas to build and keep your wealth

That’s OK.  It’s about to start. Today we’re gonna look at the fun stuff.  What, exactly, can we use to build and keep our wealth. I’m going to give you three portfolios each using the tools (funds) we discussed last time.  First will be exactly what I tell my 20-year-old to do.  She could care […]

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Stocks — Part V: Keeping it simple, considerations and tools

Simple is good.  Simple is easier. Simple is more profitable. What I’m going to share with you in these next couple of articles is the soul of simplicity.  With it you’ll learn all you need to know to produce better investment results than 80% of the professionals and active amateurs out there.  It will take […]

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Stocks — Part IV: The Big Ugly Event, Deflation and a bit on Inflation

Deflationary Depressions and Hyperinflation So far we’ve seen that the stock market is a wonderful wealth building tool that goes relentlessly up.  Vanguard’s Total Stock Market Index Fund (VTSAX) is the only tool we need to access it. But it is extremely volatile, crashes routinely and most people lose money due to their psychological tendencies.  Still, […]

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Stocks — Part II: The Market Always Goes Up

 Avoiding panic when it is raining stock brokers ain’t easy On what was later to be called Black Monday, in 1987, at the end of a very busy day I called my broker.  Remember now, this was when we had brokers and before cell phones, personal computers, the internet and on-line trading. “Hi Bob,” I […]

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How I lost money in real estate before it was fashionable, Part V: Sold! and the taxman cometh.

Previously:  Part IV:  I Become a Landlord Part V: Sold! and the taxman cometh. One of the few good things to come from all this was the bond and friendship we owners developed. My pal, whose name I have somehow shamefully managed to forget, was now the Condo Association president and he kept an eye on […]

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