Posted on September 30, 2013 by Joe Kringdon
At the end of the summer, my sister dropped off her triplets to start their separate academic journeys through the hallowed halls of three different private universities. As those of you who have endured (or at least borne witness to) the college application process understand, it is a very stressful time. In addition to the peer and cultural pressure of applying to the right schools and finding the right fit, there is also the financial reality that the final decision may simply come down to affordability.
My sister, during the process: “Do you know how much this is going to cost us? We are sending three kids to school all at the same time!”
Me: “When did it hit you that the triplets would be going to college at the same time … yesterday? Or did it maybe dawn on you 18 years ago?”
Filed under: Equity Market Insights, Joe Kringdon | Tagged: College Savings, Investing for College, Joe Kringdon, Systematic Investing | Leave a comment »
Posted on July 18, 2013 by Joe Kringdon
At the beginning of the summer, I always start singing (or humming) some Beach Boys song as my own personal soundtrack to this glorious and seemingly carefree season. The song “Catch a Wave” has particular significance – not because I’m a surfer, but because one of my investing mentors once used surfing as analogy for me.
Filed under: Equity Market Insights, Fixed Income Market Insights, Joe Kringdon, Macroeconomics | Tagged: beach boys, investing, Joe Kringdon, market opportunities, market trends, surfing | Leave a comment »
Posted on May 7, 2013 by Joe Kringdon
My family and I went out to dinner this past summer on a Sunday night during my vacation – five adults at a ‘farm-to-table’ restaurant in Maine. As you might expect, we received a somewhat healthy bill. Three nights later, the same group of five went out to dinner at a nouveaux Italian restaurant. When I looked at the bill, something struck me as odd. Later, when I set the receipts from those two very different restaurants side by side, I had to rub my eyes – they were exactly the same! The same five people on two different nights at two different restaurants with two different menus managed to produce the same exact amount on the bills! What were the chances of that – and what did it mean?
Filed under: Equity Market Insights, Fixed Income Market Insights, Joe Kringdon | Tagged: Boomers, Joe Kringdon, market highs, Millennials, stock market | Leave a comment »
Posted on April 9, 2013 by Joe Kringdon
Recently I read that the latest Powerball winner would walk away with about $150 million after taxes! Wow!
The recent, seemingly terminal decline in interest rates has been difficult on many investors who have been planning their income needs for the future. Interestingly enough, a wise presenter at a meeting I attended in January* addressed this very point with a ‘wow’ factor of quite a different nature.
Filed under: Equity Market Insights, Fixed Income Market Insights, Joe Kringdon | Tagged: Burt White, income, income generation, Joe Kringdon, risk, safe bets, U.S. Treasuries | Leave a comment »