Posts

Your Nightly Mash 6.23.26

      As an undisciplined person, or well, if you were to ask someone that knew me they may not say so; however, if you ask me I may just say so. Therefore, as an undisciplined person grasping at an end I'm uncertain I want (though it's better than the alternative, I believe), I will start journaling.  I started with saying that "I made the decision to..." start journaling, but had to rewrite. Currently, my word is not my bond (liability? origin). I do not always do the things I say I will and that is something I'm working on. I ask people on occasion when my industry comes up, "how do you know your accountant is good?" As an accountant, I don't really have a good answer. I always think reputation.  I think I'll do a video on Reputation and Honesty is the Best Policy in the coming quarter. I've really always questioned that adage. It's like Heaven in a way, almost sounds too good to be true. To be rewarded for behaving in an approved mann...

My Problem: I do not know how to invest properly (Part 0)

I’ve heard on a podcast I enjoy (EconTalk) that “whatever you did or graduated with in college is your favorite way of looking at the world.” That being said, as an accountant, all I think about are ways to manipulate numbers and what incentives are present in everything. My professional skepticism (as it’s called) is set off ad infinitum by the constant advice that investing is easy or one should just use the vehicles in place created by the experts. As a zoomer (Gen Z), I am absolutely sick of being told to “trust the experts”. In short: I don’t believe investing is easy. I don’t think it’s all luck. And I don’t have a definitive plan with answers. But I do have an idea on how to start. My idea is three pronged: Read a series of books to establish and refine my Investing Philosophy, Make five stock selections in a new industry/sector every fortnight, and  Check-back in after one year for each set of investments and learn what I did that worked and what did not. I started like ...