Rule #1 Finance Blog
how to invest
When it comes to investing, Rule #1 investors take a similar approach to billionaire Warren Buffett’s views. It’s only fitting that some of my favorite investing books are also some of Buffett’s as well. Did you know that Warren Buffett reads 500 pages per day?
Buffett says that, “Knowledge builds up like compound interest.” He actually devotes 80% of his day just to reading. Now, I know you all have jobs, kids, and a life so you probably can’t devote that much time to reading. Regardless, I’ve got some great investing book recommendations for you for this year. Start with these. Read more.
Buying low and selling high makes a lot of sense in theory. But try and apply that to the complex moving parts of today’s stock market, and it won’t look quite as simple as it sounds. The reason behing this is that not very much is on sale right now. Read more.
The U.S. stock market may be the largest and most well-known market, but it is not the only one available. If you’re thinking about international investing there are stock markets in countries all over the world, ranging dramatically in size, volatility, and every other factor. Read more.
The time value of compound interest simply can’t be overstated. If you begin investing in your 30s by putting aside $5,000 per year, you can expect to have around $1 million by the time you retire at age 65.
Meanwhile, someone who doesn’t start saving until their 40s will need to set aside three times this annual amount to achieve the same total return. Read more.
This week we’ll take a step back and remind ourselves how and why we practice investing the way that we do in Rule #1 Investing. We’ll take a look at the recent controversial Nike ad and what it means for their bottom line. Read more.
This week on the InvestED we’re returning to our discussion of the investing perspectives of Mohnish Pabrai, specifically focusing on owner earnings. We’ll talk about what owner earnings can tell us about a business, and we will discuss the pros and cons of utilizing owner earnings when determining if you are buying a wonderful company. Read more.
“You don’t make money when you buy stocks. You don’t make money when you sell stocks. You make money while you wait.” – Charlie Munger
Most of the time, successful investing is a waiting game. Just as there are poor times to sell your stocks, there are poor times to buy them as well, and sitting on money (cash) while you wait for a better opportunity is often one of the best investing decisions that you can make. Read more.
Nothing can sink a company and all of its investors quite as fast as corrupt companies, corrupt CEOs, or management teams.
You don’t have to look very hard to find examples of CEOs and other executives who sent their companies into a tailspin due to shady deals, ethically questionable behavior, and corporate corruption. Read more.
Of the many different investing strategies that a modern-day investor has to choose from, value investing is among the most tried and true of them all.
Let’s dive into what value investing is and how you can use the principles of value investing to drastically grow your wealth over time. Read more.
Figuring out how to invest money in order to effectively set yourself up for future success can sometimes be a real challenge. There’s certainly no shortage of information on investing available in the digital age, however, this glut of information can often be as overwhelming as it is helpful. This post is just for you: Read more.