I recently sold off all my shares of another company that I invested in, leaving me with only one stock investment left (that I’m likely to sell soon, too). This stock I just sold performed poorly (I lost money) since a bought it a couple years ago, but that’s not even my principal reason for selling. In fact, I’m not jaded by my stock investing experience at all. I’ve had good luck (yes, I really do feel my other pick came down to luck, not skill), as my remaining stock investment has returned about 250% in the two years I’ve …
Category Archives: Investing
Why You Should Sell All Your Stocks Right Now
The Magic of Compounding Returns and Investing Early
While I have a very mathy background to begin with, I’ve recently been mesmerized by how powerful compounding returns are when it comes to investments. Ramit Sethi does a great job of pointing this out in his book I Will Teach You to be Rich with a very simple example: Simple Sally invests $100/month for 10 years starting at age 25. Dumb Dan invests $100/month for 30 years starting at age 35. Each earn an 8% rate of return, which is about what the stock market returns annually. The difference : at age 65, Sally has $200,000 and Dan …
3 Personal Investments With Better Returns Than the Stock Market
While I probably grabbed your attention with the headline, the three investments I’m referring to may not produce direct financial returns to you at all. But that isn’t the point. There are lots of investments you can make that are a much more important that getting 10% ROI. Instead of squirreling away all your earnings in the stock market, consider these instead:
Yourself. There’s (hopefully) not a lot of risk in this investment, but the returns can be long-lasting and invaluable. By investing in you, you can improve your career, your relationships, and your outlook on life.
A practical …
