“Shin,” of Money is not Taboo
Y’all remember Special K?
You know, that cereal that’s supposed to shrink your waist?
Yeah, for me it wasn’t that special. Didn’t like the flavor and it did nothing for my belly.
On the other hand, I REALLY like the “Special K” that’s recently happened. Know what I mean?
Yep, the DOW hitting 20,000 for the first time in history.
My wife and I started investing in the early 90’s. Nothing special. My school district brought in an investing firm that basically sold investment products. We set up to auto-invest some $$ each month. Our portfolio started to grow some and things looked good.
My wife also began investing at her job, so we had money going into two portfolios.
Over time, our paychecks grew and so did our investing amounts. All automatically. We never saw the money in our paychecks and we never had to make the investments. How easy is that? Pretty darn easy.
After a number of years, we became frustrated with our “Financial Advisor.” Turns out there was no advising going on, just selling. So we moved to another one. Turns out, she was also a sales lady.
After that experience, we went with a Fisher Investments. The don’t sell a thing, just manage our portfolios, using Fidelity Investments as the portal to the market. Fisher doesn’t make money unless our portfolios make money.
We moved our investments to Fisher in March of 2013. Since then, we’ve enjoyed a growth of 27%+ on our largest portfolio. Over 27% in almost 4 years!
Of course, it doesn’t always work that way. The market has taken some pretty steep dives. We’ve survived two of them and we still haven’t lost any of our initial investments.
Oh, we have lost some of our growth, but that wasn’t our money, to begin with. All in all, things have been good to us.
TWENTY THOUSAND. That’s an awesome landmark to have been part of. Unfortunately, over 54% of Americans are not invested in the market. Why not? They’ve missed out on SO much.
From what I’ve read, most don’t invest because they don’t think that they have enough money to do so.
I remember those days, then I realized that we had money to invest, we were just spending it on things that we didn’t really need.
I’m glad we turned our thinking around and got on board the “Market Train.”
How about you? Were you part of the 20K? If not, why?
