Wednesday, June 15, 2022

Be Greedy When Others Are Fearful -- June 15, 2022

Wow, I'm in a good mood. I have a new goal starting this fall. Won't post it now. We'll see what October brings. 

I'm in a very enviable situation, I suppose. Sorry. Not sorry. 

Whoever would have thought "Sorry. Not Sorry." would have become a thing? But I digress.

I'm in a very enviable situation, I suppose. Sorry. Not sorry. 

I spend my day in the pool and / or with Sophia, watching her play soccer or perform in gymnastics. And we do "flashcards" every day, and even a bit of Duolingo Spanish.

And my monthly revenue stream exceeds my wildest expectations of only five years ago. And that revenue stream is almost 100% due to investing, living below my means, and maintaining a "rolling" thirty-year horizon.

Changes in attitude, changes in latitude.

When times were good, I checked my net worth at least once a day.

Now that times are tough, I don't ruin my day by checking my net worth, which continues to fall every day, though recently it seems to have stabilized. I haven't checked my net worth in two months.

But I can hardly wait for each new day because I continue to invest aggressively now that everything is on sale, and my monthly dividends / revenue stream keeps increasing. 

  • 50 - 30 - 20: 
    • blue chip, Fortune 500, Warren-Buffett-approved: 50%
    • tech, 30%
    • Permian, 20%

The "50" and the "30" won't change. The "20" may change, but I have no idea what it would be. Maybe "60/40" when I max out my risk-aversion to the Permian. 

Tusk:

Tusk, Fleetwood Mac

USC was my alma mater. 

Walk of Life, why not?

Walk of Life, Dire Straits

 Okay, one more and then I'm heading to bed.

The Wilson Brothers

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