See the investment world as an ocean and buy where you get the most value for your money. Right now the value is in non-callable bonds. Most bonds are callable so when they start going up in price, the debtor calls them away from you. But the non-callable bonds, especially those non-callable for 25-30 years, can go way up in price if interest rates go way down.
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- Most people think of love as some sort of power outside of themselves that will take them away from all of this. Sadly, this is not the case. Love exists only within our own hearts, and to have happy β¦ βΆ
- The idea that an individual can find God is terribly self-centered. It is like a wave thinking it can find the sea.
- Many media commercials encourage us to believe that if we buy a certain product, we can be physically appealing, or popular, or successful. According to the commercial message, it may be easy to make β¦ βΆ
- For all long-term investors, there is only one objective-maximum total real return after taxes.
- Living life with a smile is like throwing yeast into a bowl of flour, adding warm water and waiting for the flour to rise. It multiplies may times over. β¨ John Templeton (1994). Discovering Laws Of L β¦ βΆ
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