Am I really doing this? After explaining why I dislike dividend income reports, I’m jumping on the train… But I decided to do it for one specific reason: I want to track my performance from scratch. In September, I started investing 100K in the stock market. This is the result of the commuted value of my pension plan. To be honest, I still don’t care about my monthly or quarterly dividend income. For me, tracking the money I receive in my brokerage account still has no value. However, I thought …
Has your advisor called you recently?
The market is going up, you are making money; everybody smiles. I’ve worked in the financial industry for over a decade and this situation has struck me: when my clients were making money, they didn’t want me to call them. I’ve received one call from a client once telling me it wasn’t normal to make that much money in a short period of time. He invested 250K in November 2008 and was calling me during the summer of 2009… you can imagine what his 250K looked like back then… caching! During bull …
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How Many Stocks Should I Hold for a 100K Portfolio?
Not too long ago, I’ve shared with you my pension holdings. I’ve received $108K as the commuted value of my pension plan in September and I’m currently in the process of investing the whole amount in equities. So far, I have 14 positions for 76K invested for an average of $5.4K in each holding. At this pace, I will buy 6 different stocks and complete my portfolio with a total of 20 holdings. This was the plan how along: I think investing in 20-22 stocks for a 100K portfolio is the best strategy. …
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An Investor Guide for When the Crash is in Your Rear Mirror
Not another article about the market going to crash? Don’t worry; I’m not going to tell you what you already know. I’m not the kind of guy who is passive and cry while waiting. There is an absolute truth that comes with each bull market: it will hit a wall. Market corrections happen all the time. They are especially brutal when it’s been a while. It’s like that time at the party where you thought you could handle a whole bottle of Jack Daniels because you were drinking slowly through the night. …
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Quitting my job – Where I am at after 3 months
July 1st 2017 was the first day of my new life. I quit a 100K+ job in the financial industry and decided to live on my own terms. No more bosses, no more working hours, no more suits & tie. Now, this all sounds like a marvelous dream, but what really happens once you quit your job? Do I get to wear my favorite pajamas until noon each day? (hum… that’d be nice!) After a little over 3 months into this new life, I’m giving you my takeaways today. If you are not passionate about your job …
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A Month Later, I Have Invested 76K Already
Not too long ago, I told you I had 108K to invest in the stock market. If you didn’t follow me through summer time, I received this money when I quit my job to work full-time on my investing websites. This money was what my pension plan was worth and I decided to take it with me instead of leaving it for a small pension. Many of you told me I should be patient and that I should wait for the next market crash. Fair point: we are at the summit of a bull market, and there is no other way to go …
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