I want to highlight a recent post that I recently uploaded over on Patreon that discusses three recent purchases I made–one features a large-cap American firm that is gobbling up market share and growing profits at a double-digit rate, another features a deeply undervalued British firm, and another features a high-yielding American megacap that was included on Jeremy Siegel’s list of best-performing “Stocks for the Long Run” that is now trading at an undervalued price point. To access the content, please join me over on Patreon by subscribing here. … Read the rest of this article!
One of my friends who knows that I run an investing website recently offered this insight to me as part of a casual conversation we had (and this is my paraphrase of what he said): It seems to me that the kind of people who would do really cool things with money are broke because they are completely incapable of sitting still and letting something build, and the kind of people who can build great wealth are so boring and frugal that they never put the money to any fun use.
There’s probably some truth to that—the statistics show that the average American is far, far away from being able to generate significant … Read the rest of this article!