Since selling the Berkledome, the wife and I have been more interested in finding a place to save the little bit of profit we got from the apartment. So, I’ve been researching investment strategies.
I started out with the obligatory Warren Buffett advice: “invest your money in low-cost index funds“. In addition to investing my 401k and Roth IRA accounts being in target funds, I put some money over into the VFIAX fund and thought I was good to go.
Then I thought, “but what if that’s not good enough?”.
I was looking for a podcast about “how to invest” and somehow came across a great podcast called InvestED. It’s a podcast hosted by Phil and Danielle Towne, and is essentially a series of recordings of Phil teaching his daughter about investing.
It’s not investment advice, nor do they tell you what to invest in. It’s delivered in a straight-forward “here’s what I look for when I’m considering investing in a company” style, which I love. Go subscribe and listen in order.
One of the tools Phil talks about in the podcast is a website called Seeking Alpha. What a great website. It’s essentially a blog written by various investors about strategies, specific companies or general topics. The best part, though, is that the comments are also written by investors. Which is a great way to get free counter-points from people who are into investing enough to read an investing website and form an opinion. You can set up your preferences to follow certain companies. Then, when an article is posted about that company, Seeking Alpha will send you an email. It’s very easy to lose a lot of time on Seeking Alpha.
Finally, I came across the Buffett FAQ today on Hacker News. It’s a massive list of Q&A transcripts Warren Buffett has hosted in the past, categorized. I haven’t even scratched the surface on the content yet, but if you wanted to take Warren Buffet’s opinion into consideration when deciding to buy an airline company, you could “What do you think of airline industry?“.