Saving Money and Investing When You are Young

There are countless articles talking about saving and investing on the internet.  Rather than talking about how to make a lot of money, most articles focus on saving and investing.  Thomas Stanley, the author of The Millionaire Next Door, referred to this dynamic as playing offense or defense.  In this context, playing defense is saving money and investing when you are young.  The more you can sock away, the greater amount of money you will have.  When you look around the internet, some interesting examples pop up. (more…)

The Importance of One Good Investment

I have recently been rereading the biography of Charlie Munger,  Damn Right.  While reading it, a passage talks about how Charlie has stated that if chosen wisely, one stock can be a sufficient investment.  Since this is so contrary to public opinion, I think it is important to expand on this.  When many people talk about gambling in the stock market, the most common conception is bankruptcy.  If all your eggs are in one basket, well if that basket is of inferior quality… ouch. (more…)

When You are Investing in Exxon Mobil, You Should Consider doing it through Computershare

When people talk about investing in oil, there are a LOT of naysayers.  Painful oil crashes, the rise of green energy, and recent public discourse are enough to turn anyone off investing in oil.  For those who have been investing in Exxon Mobil however, the checks continue to roll in.  Boom or bust, if you have held Exxon for a long enough period of time, you have beaten the market.  Naturally, then, Exxon Mobil has a DRIP plan that is the single best anybody has seen. (more…)

Warren Buffett and Charlie Munger Investing Styles

In honor of the now legendary Berkshire Hathaway annual meeting, I wanted to take a look at the investing styles of Warren Buffett and Charlie Munger.  These two men have astounding records of investing outperformance that have resulted in both of them becoming billionaires.  Naturally I think it is important to look at the early years when some of their best gains were realized. (more…)

Participation in Dividend Reinvestment Plans

I sometimes find it interesting to see how people structure their affairs by investing.  When you go through companies annual reports, you sometimes find how many people participate in their DRIPs.  When I read about participation in dividend reinvestment plans, I always get excited about actual real world evidence that people will be financially independent on the dividends these companies are sending them. (more…)

Investing in Alcohol

A lot of people I know are always looking for a market beating investment.  Today a lot of people are buying companies that aren’t even making money at ridiculous prices.  Meanwhile an industry that has continuously beaten the market over long periods of time sits almost semi-ignored.  The industry, if you are wondering, is alcohol.  Investing in alcohol has proven to be one of the most lucrative places to invest in over multi decade periods.  (more…)

Charlie Munger’s Investment Partnership

For twelve years Charlie Munger’s investment partnership outperformed the broader stock indexes by double digits.  The history of the partnership began with Warren Buffett encouraging Charlie to start his own partnership.  Later on, Warren Buffett had this to say of Charlie Munger’s investment partnership in The Superinvestors of Graham and Doddsville, “Table 5 is the record of a friend of mine who is a Harvard Law graduate, who set up a major law firm. I ran into him in about 1960 and told him that law was fine as a hobby but he could do better. (more…)

My Walt Disney Investment Plan Review

Today I wanted to talk about DRIP investing using the Walt Disney investment plan as a case study since I have a few years of experience with the program.  I offer this for those investors who want to feel a more personal connection to their investments, or want to build large positions in certain companies over time. (more…)