As a follow up to my Investing Should be Like Watching Paint Dry post, this post provides tips to achieve investment success. Success, however, can be as much about what to do as it is what not to do because our emotions lead us to make decisions that are not always rational. The following are [...]
I firmly believe investing should be like watching paint dry. Investing before the advent of the internet was cumbersome. In the 1960s and early 1970s, I remember my parents receiving share certificates which they would deposit in a safety deposit box at the bank. In late 2020, one of my tasks as their Executor was [...]
In 2020, Becton Dickinson (BDX) embarked on its 5-year BD2025 strategy. Although BDX's total investment return over the past ~8 - ~9 years is disappointing, its transition into a pure-play medtech company is approaching an end. I am, therefore, sticking with this investment since I think future performance will be superior to that of [...]
I last reviewed Blackstone (BX) in this post following the release of Q3 and YTD2024 results. Now that we have BX's Q4 and FY2024 results, I revisit this existing holding. Coincidentally, the account in which I hold BX shares unexpectedly reported multiple entries with a February 5, 2025 trade date but back dated settlement dates. [...]
The impact of brain health on our finances is a follow up to my February 5 Setting Financial Goals: Your Path To Financial Freedom post in which I use the analogy of physical exercise challenges when it comes to setting objectives and goals. Shortly after composing that post I stumbled upon a presentation entitled [...]
Setting financial goals is a critical first step on your path to financial freedom. The subject of objectives/goals was last covered in a couple of 2017 posts that are accessible here and here. Some people have the misconception that objectives and goals are the same. Let's dispel this misconception right now. What Is A Goal? [...]
With all the changes brought on by artificial intelligence, I have no idea which companies are likely to be long-term winners. Microsoft (MSFT) has a proven track record to navigate the tech sector safely. As a result, it suits my relatively conservative investor profile. Despite not having written about MSFT since my November 11, 2021 [...]
Another month has flown by thus triggering this FFJ Portfolio - January 2025 report; all monthly reports are accessible here. Purchases I increased my exposure to 3 existing holdings in 'Core' accounts in the FFJ Portfolio. Lockheed Martin (LMT) 50 shares @ ~$457.75 on January 28. My LMT exposure within the FFJ Portfolio is 620 [...]
Buy undervalued Danaher (DHR) shares amid market challenges. In my December 8, 2024 Danaher (DHR) post, I disclose the purchase of an additional 100 shares in a 'Core' account in the FFJ Portfolio. My ~$233.97 purchase price was just a shade above the ~$229 price I paid to acquire 100 additional shares on November 18. [...]
On January 27, Lockheed Martin's (LMT) shares closed at ~$503.70. Following the release of Q4 and FY2024 results and FY2025 outlook on January 28, 2025, the share price plunged ~$46. I now view Lockheed Martin's share price weakness as a buying opportunity and acquired an additional 50 shares @ $457.75 in one of the 'Core' [...]