I did something this week I haven't done since June of 2020: I bought shares of McDonald's (MCD). My entire MCD purchase history I accumulated 10 shares in 2019-2020, with an average cost basis of $177. Then I just... stopped. Not because anything was wrong. I got stuck waiting for the "right price." Big mistake. I was sitting at a red light this week around 8 AM here in the Chicago suburbs staring at a corner McDonald's. I counted 5-6 cars parked in the lot and another 6-7 in the drive-thru....
2 days ago • 5 min read
🚨A quick word: I'll be a guest speaker at the Blossom Investor event in Chicago on Tuesday, October 7th. I have 5 FREE tickets if anyone wants to go! Reply to this ASAP and let me know.🚨 A random DM conversation about the VIX reminded me of something I wanted to share with you... Lots of people misunderstand what the VIX actually is and why it doesn't matter much to us as long-term investors. The VIX measures how volatile traders expect the S&P 500 to be over the next 30 days, based on...
9 days ago • 5 min read
🚨A quick word: I'll be a guest speaker at the Blossom Investor event in Chicago on Tuesday, October 7th. Grab a 15% discount with DAPPER15.🚨 I bought more Ares Capital (ARCC) stock while many are selling it. ➡️You can watch the VIDEO version of this too.⬅️ What's ARCC? It's basically a company that lends money to other businesses and pays us dividends from the profits they make. Think of it like being a bank, but for medium-sized companies. Investors are selling because the Fed is cutting...
16 days ago • 3 min read
🚨A quick word: I'll be a guest speaker at the Blossom Investor event in Chicago on Tuesday, October 7th. Grab a 15% discount with DAPPER15.🚨 This week is homecoming at my daughter's high school, and funny enough, my portfolio is having its own homecoming with a stock I've been watching for years. [Quick side note: My original draft was 7 pages long. Huge shoutout to Claude.AI for helping me turn my novel into something people might actually read without needing a bathroom break!] So, I heard...
23 days ago • 4 min read
🚨A quick word: I'll be a guest speaker at the Blossom Investor event in Chicago on Tuesday, October 7th. Grab a 15% discount with DAPPER15.🚨 Warren Buffett once admitted a big investing mistake - "thumb sucking" with Walmart. He started a position, the stock price kept going up and he stopped buying. Instead, he sat there sucking his thumb, waiting for it to come back down because he thought it was too expensive. It never did. He ended up with a small position he eventually sold, and said...
about 1 month ago • 5 min read
🚨A quick word: I'll be a guest speaker at the Blossom Investor event in Chicago on Tuesday, October 7th. Grab a 15% discount with DAPPER15.🚨 Yesterday, I attended a wedding, and as the young couple exchanged vows, I couldn't help but think about investing. Charlie Munger said, “Marriage is the most important decision you have, not your business career. And it'll do more for you good or bad than anything else. And Ben Franklin had the best advice ever given on marriage, he says, "keep your...
about 1 month ago • 4 min read
🚨A quick word: I'll be a guest speaker at the Blossom Investor event in Chicago on Tuesday, October 7th. Grab a 15% discount with DAPPER15.🚨 Warren Buffett once said, "Wall Street will sell what it can sell, just remember that." The YouTube algorithm suggested a video which caught my attention and I felt something had to be said, even though I promised Ryne Williams I wasn't going to write or talk about these things anymore. But the flesh is weak, Ryne, and I need to get this off my chest....
about 1 month ago • 5 min read
🚨A quick word: I'll be a guest speaker at the Blossom Investor event in Chicago on Tuesday, October 7th. Grab a 15% discount with DAPPER15.🚨 Don't you just love hearing old people talk? Last week, my earholes were pleasantly penetrated with the wise words of Howard Marks on the My First Million Podcast and one idea stuck. Getting ideas to stick like Band-aids can be quite the challenge when we're buried with a daily avalanche of information. Unless Elon Musk is going to put an memory chip...
about 2 months ago • 4 min read
It finally happened. For the first time in 538 days, the CEO of a company I own bought more of his stock with personal cash. Joey Agree, CEO of and you'll never believe it Agree Realty (ADC) bought 4,850 shares x $72.15 for $349,928 of his own money. No stock options, grants or gifts from the company. CEO-Buys.com When a CEO buys their own stock, it's a great sign because they're telling us loud and clear they expect the share price to be higher than it is right now. And, when you couple that...
about 2 months ago • 4 min read
What if a company that's been paying monthly dividends for 56 years was using an accounting trick to make their investments look better than they really are? That's exactly what I discovered about Realty Income (O) - 'the monthly dividend company' - and it made me start selling my shares. I was reading through some Seeking Alpha comments when I stumbled across someone pointing out an accounting trick that Realty Income uses. I often find the comment sections more valuable than the actual...
2 months ago • 4 min read