In the era of changing consumer preferences, it’s important for companies to invest heavily in their brands. Cutting costs and becoming more efficient can only go so far. We saw this as Kraft Heinz lost over 27% of its value in one day. I’ve defended my purchase of companies like General Mills because of their strategy of building value for … [Read more...]
5 Reasons Why Most People are Broke
Investing can be one of the best ways to lift oneself out of poverty. With all the apps, brokerages, and services out there, almost everyone has access to financial markets. However, it is equally important to develop a wealth mindset and understand how being rich doesn't necessarily mean wealth. Rich people often end up broke while truly … [Read more...]
The Lump Sum Challenge
Here in Indiana I find myself stuck at home due to an ice storm. Figured it would be a great time to post a portfolio update! For the month of January, I simply added on to my stake in JNJ by buying another 17 shares. I also had three people ask me about a very interesting problem. How do I invest a large lump sum of money? For example, what … [Read more...]
Goals for 2019 and Beyond
It was a wild ride towards the end of 2018. We briefly entered a bear market and roared back over the last two weeks. Because of all this volatility it was hard to focus on my goals for the new year. Overall, the fundamentals of my strategy haven’t changed much. I began this blog by discussing how I plan to invest $2000 a month into the market. … [Read more...]
Bear Market
The bear market is almost here! The Nasdaq is nearing "bear" territory; when an index falls over 20% from its high. It has been an absolute bloodbath out there with tech, industrials, and financials leading the collapse. In some cases, growth stocks are facing upwards of 50% in losses. This activity is largely in response to … [Read more...]
Recent Buy: CB, UL, & TTWO
I’ve been on a shopping spree these last few weeks. I added on to my stake in Chubb Limited and bought two new stocks. Unilever (UL) has been on my watchlist for years but I decided against it given my large position in P&G. Unilever is essentially the P&G of the United Kingdom. I also purchased 10 shares of Take Two Interactive, the … [Read more...]