(Guest post by Joseph Hogue, CFA): The idea of stress-free investing for the individual investor is one of the best themes in The Intelligent Investor. Unfortunately, sometimes it’s a little vague on how you can apply the concepts and create your own portfolio. For that, I use investing tools to create a simple portfolio and save money investing.
There’s a prevailing stance on relationships that I find both intriguing and disturbing. It starts with the idea that each of us is the average of the five people we spend the most time with. Where this leads can be beneficial or dangerous – depending on whether I continue to embrace loved ones who may (or may not) fully represent what I aspire to become or reject them in favor of pursuing relationships based on superficial and possibly meaningless measures. I turned to the Bible and Jesus’s teachings to discover truths about investing in relationships.
This summer, I raced in a half-ironman competition. If you’re uninitiated to the world of triathlon, the half-ironman event involves a 1.2 mile open-water swim and a 56-mile bike ride, finished with a half-marathon (13.1 miles). Lessons from this race reinforced what I knew about investing, and offered new insights that surprised me.