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Showing posts from January, 2018

Why everyone needs to diversify and why I don't like to diversify.

Diversifying sucks. Like I mean, I really don't care to look up how one company is doing after I've bought stocks in it, why would I want to know how ten companies are doing? Furthermore if I diversify into many different skills then someone will have passed me by on the most important skills. But I want to think about diversifying when buying individual stocks.  I was watching Warren Buffet give a speech on YouTube. He talked about how five to seven stocks are enough for diversification.  But then something amazing happens, the guy starts talking about how he missed out on the opportunity to buy Fannie Mae. I just pulled up Yahoo finance, FNMA is trading at like 2.06 USD.  For all intents and purposes it does not look like it would have been a great investment to buy and hold for a lifetime. Yet here is the Oracle of Omaha, regretting his decision not to purchase Fannie Mae.  Another video on Youtube is Peter Lynch introducing people to stock market investing.

Warren Buffet's Cure Helped Accelerate my Failure to Maintain my New Year's Resolutions.

"An ounce of prevention is worth a pound of cure.  But I would say a pound of cure promptly applied is worth a ton of cure that's delayed.'  This quote had dominated my life in these last two weeks.  The gums had begun peeling away from my teeth, and I knew something was wrong.  So even though I was at home with the flu, I made an appointment to go see a dentist.  (Sorry dentist!) It was this quote that gave me the extra motivation needed to go.  I'm using up my savings and putting my retirement at risk, but preventing further tooth problems by promptly curing the emergency as it came up.  I"m betting that the pound of cure will save me a ton of money in tooth repairs later on. 

Working through the flu

Took me half an hour to stand up this morning because I was so dizzy. My chest is in the second worst pain its ever been in. The only thing I know about having the flu is that it sucks.  Time to get to work.

Because of Jerry Seinfeld Method I just let her go in order to pursue Financial Independence.

For over three years my lover and I haven't seen eye to eye on this financial independence thing. We're pretty much compatible with nearly everything else. It hurts, but I've used the extra oomph from focusing on my new year's resolutions to remove my SO from the equation. You see there is this thing called the Seinfeld method. Basically I choose which resolutions I wanted to do for the year.  Then I got a calendar and put an X on every day that I do the resolutions. Can't let anyone get in the way of that X. Not even my closest.