We All Love a Good Deal
April 28, 2021
My investor education started in my grandma’s kitchen. Unpacking groceries, she would say: “It doesn’t have to be the cheapest thing you find, but it has to be good value.” I think we all instinctively know a good value in our everyday life, but we somehow forget it when it comes to investing our precious savings.
Forever or For Now
April 14, 2021
When I think of forever versus for now, I can’t help but picture Bill Murray’s 1990s movie, “The Groundhog Day.” I learned over the years that this innocent comedy has proven to be quite controversial. Some either love it, others the opposite. His character, Phil, a Pittsburgh weatherman, has to endure a work trip to report on the groundhog tradition in the town of Punxsutawney. The groundhog appears, and its shadow predicts earlier or later spring. Phil’s least favorite day repeats every morning, though, and his tolerable “for now” seems to have become his increasingly unpleasant “forever.” In investing, it pays to be able to tell the difference between what could be forever and what’s just for now.