For The Archives -- Investing -- June 9, 2023

Locator: 44887MKT. 

The bull market is back (not sure it ever left).

So much for "sell in May ...." though having said that --- the August doldrums are just around the corner. LOL.

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Investing Note To Reader

In response to a reader's note on investing philosophy. Not-ready-for-prime time.

Until about four, five, six years ago, I didn't pay much attention to investing, simply doing the same thing I had done when I started investing 30 years ago. Hard to change bad habits, LOL, but I learned a lot. Mostly because of the blog and comments from readers.

Amazing, what one can do when paying attention.

My entire portfolio is based on a rolling 30-year horizon, 100% investing (not a trader).

There are times I think about a new Schwab account purely for trading, not investing. But I'm not nimble enough nor do I have skin thick enough to accept huge short-term losses.

Could have added: in 1984 or thereabouts I paid $100 for a Forbes investing course. 

Most important lessons:

• don't live beyond your means
• pay yourself first
• I don't think I ever missed one month since 1984 that I didn't invest at least something, always paying myself first

But I had no overall plan for investing. Simply invested.

Now, I actually have a plan and it's made investing so much more interesting.

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.

All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 

Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.