I think you should read The Simple Path to Wealth by JL Collins and get into index investing. Your financial reforms in your life are laudable, but picking individual stocks is a fool errand, and dividend investing has been largely debunked. By simplifying your investments you'll gain more free time as well as better performance.
Great book. It was one of the early ones I read last year that changed my mentality for the better and made my financial dreams seem possible. It taught me the power of index funds and helped me transition to that method as my primary form of long-term investing. I didn’t mention the book, but I wrote about my first few months investing and my transition to index funds a few weeks ago. Here it is in case you missed it: https://moneytalks101.substack.com/p/its-dividend-time-9c3
Jul 18, 2023·edited Jul 18, 2023Liked by Darnell Mayberry
Hadn't gotten to that one yet! JL and Mr Money Moustache were transformative for me when I started learning about money upon getting my first real job.
I'm a finance nerd and used to love your work with the Oklahoman and the Thunder Buddies, so I was excited when I stumbled on this new blog.
All our investments are in low cost target date finds to try and avoid any behavioral missteps along the way and just let compounding do its thing. Keep it up!
I think you should read The Simple Path to Wealth by JL Collins and get into index investing. Your financial reforms in your life are laudable, but picking individual stocks is a fool errand, and dividend investing has been largely debunked. By simplifying your investments you'll gain more free time as well as better performance.
Great book. It was one of the early ones I read last year that changed my mentality for the better and made my financial dreams seem possible. It taught me the power of index funds and helped me transition to that method as my primary form of long-term investing. I didn’t mention the book, but I wrote about my first few months investing and my transition to index funds a few weeks ago. Here it is in case you missed it: https://moneytalks101.substack.com/p/its-dividend-time-9c3
Hadn't gotten to that one yet! JL and Mr Money Moustache were transformative for me when I started learning about money upon getting my first real job.
I'm a finance nerd and used to love your work with the Oklahoman and the Thunder Buddies, so I was excited when I stumbled on this new blog.
All our investments are in low cost target date finds to try and avoid any behavioral missteps along the way and just let compounding do its thing. Keep it up!