A Guide to Starting Retirement at 50
When we talk about the potential for a protracted war or extended geopolitical instability, the human instinct is to retreat. Whether it is a business owner deciding whether to expand inventory or an investor deciding whether to hold their positions, “uncertainty” acts as a powerful brake on action. However, in my 17-year journey toward retirement, … Read more
As I look at my 17-year horizon toward retirement, I often compare my investment strategy to the business I have run for the past decade. In business, you don’t just rely on one product to sustain the company forever; you balance your stable, cash-flowing lines with innovative new ventures. You must protect the foundation, but … Read more
There is a popular belief in the investment world that “more is better.” If you hold 50 stocks, you are safer than if you hold 5. If you hold 100, you are safer still. But in my 10 years of running a business, I have learned that complexity is rarely your friend. In fact, when it comes … Read more