So here we are, again, in a time of great prosperity. As I venture out my door I see new Vehicles surrounding the Cul-de-sac. I am often amazed, in times alike, how cavalier people are with spending. There is so little thought towards the preservation of wealth in our society. Those considerate are often vilified. Ironically, nobody is pilling up Cash in their closet. At least not that I'm aware. It is always allocation of Capital. Do you want a Tattoo or do you want to accumulate Bonds to cover, or offset, your next car? In either decision, something is being bought. Money is being spent. Probably one of the greatest lessons in life, was playing on a see-saw. It can easily be associated with a lot of decisions in life. That has been the case for at least three days now. After hearing arguments about Price to Earnings indicating an eminent Market Sell-Off before our eyes, I had this on my mind. I'm not convinced, yet. While I too must agree, it is important to keep your eye on...
A periodical exploring the art of investing, financial knowledge, and the stories that shape a meaningful life.