Checkout my introductory guides on value investing (Part 1, Part 2) — this is a more detailed guide. Different sources define value investing differently. Some say value investing is the investment philosophy that favors the purchase of stocks that are currently selling at low price-to-book ratios and have high dividend yields. Others say value investing is all about buying stocks with low P/E ratios. You will even sometimes hear that…
Posts tagged as “career advice”
This is one of my shorter posts, as previous articles have been written as very long and informative pieces. Every once in a while at Finance and Purpose, I’ll post tidbits of advice to address commonly asked questions. A lot of people have been asking me what the difference between day trading is versus investing. Among those who buy and sell stocks there is an ongoing debate about whether the…
A great work of writing, Outwitting The Devil will sow the seeds of faith and success into your mind. Overcome a world filled with adversity to attain the success which you rightfully merit. Outwitting the Devil is Hill's hidden masterpiece. The famous writer of Think and Grow Rich secretly held the manuscript to this book for many years. It was originally written in 1938 but was said to be too controversial to be published during that time.
Find meaningful work that matches the lifestyle you want. It's much harder -- but also much more valuable. It's also really hard. However, once found it's more valuable than anything because it is your life. Live a wholesome and integrated life with meaningful work for fulfillment.
The data speaks for itself. The S&P 500 low cost index fund has been shown to outperform active investment. In a little under 10 years, a 10 thousand dollar investment in the S&P 500 index fund would have tripled by now.
Career advice for the lost. You're young, and out of school. What do you do next? Follow this advice to build a foundation of flexibility and leverage.