Wednesday, September 3, 2014

The Olympic Spirit...Focus on the Gold

A lifetime of investing will give each individual a hint of what the best investments were..in the past tense...think back to 1900 or so...and what were the companies that were in existence that are still around and prospering...ok..just start in 1930....Maybe of all the 30000 companies that one can see in the newspapers today, maybe GE, F, GM, come to mind....in as far as indexes go, maybe the SPY, the standard and Poor Index comes to mind.... I have put a few ideas on a 3in by 5 in. card....and when it comes to high quality stocks with high quality dividends or an index that can survive over the next 30 years after I retire....the ideas that are available neatly fit into the 3x5 card...no rocket science...no long Harvard lawyer stuff...pretty simple...the real effort in focusing on quality, is beating off the riff raff slop that comes to you with exciting opportunities....turn off the tv...keep it simple....enjoy.