Lessons Learned From My First Garage Sale

Lessons Learned From My First Garage Sale

A few times a year, our subdivision holds a neighborhood garage sale. We’ve never participated in the previous four years that we’ve been living in our house, but when I saw the signs go up in the middle of the week, I decided that it was time to gather up a bunch of my trinkets (junk) and see what I could get for them.

Here’s what I learned:

Hear Me Out: Tinder For New Parents

Hear Me Out: Tinder For New Parents

There comes a time in every new parent’s life when you start to break away from your friends who don’t have kids. Depending on the age you have your first kid, it can be a difficult process to break ties with your old friends. Imagine having a kid at 22 years old while your friends are going out to the club four nights a week. They’re not going to call you to go out because you have a kid now. And you’re not going to want to go out anyways because you’re already exhausted—from taking care of your kid. 

How To Spot Fads

How To Spot Fads

A big part of investing in individual companies or running an active portfolio is trying to spot macro trends in their infancy and subsequently riding the wave to riches. For instance, when the iPad was released in 2010, I distinctly remember Fast Money making fun of the name that Apple had chosen for it—saying it sounded like some sort of feminine product. Meanwhile, I was loading up on common and calls, thinking about how the iPad could revolutionize many industries (textbooks, traditional PCs, newspapers, e-readers, etc.). And so it did, although I never held as long as I would have liked to.

Dealing With Loss

Dealing With Loss

I received a text message earlier this morning informing me that my grandfather had passed away. He had recently been fighting pneumonia and his lungs kept filling with fluid. Over the Easter weekend, I was lucky enough to visit with him one last time at the nursing home.

Uber Vs Lyft: Which IPO Will Fare Better For Investors?

Uber Vs Lyft: Which IPO Will Fare Better For Investors?

It’s been five weeks now since Lyft has gone public. In that time, Lyft has taken a 38.6% haircut from the peak reached on the very first day of trading — Fibonacci fans rejoice. With the Uber IPO on deck, investors are surely wondering if it will turn out like Lyft’s IPO or if it’s different this time. Or maybe the entire ride-sharing business model is in a bear market.

The Parallels Between Gardening and Investing

The Parallels Between Gardening and Investing

A society grows great when old men plant trees whose shade they know they shall never sit in. -Greek Proverb 

Gardening has quickly become one of my newest passions. It allows me to spend more time outdoors, away from screens and Twitter and the Internet. It allows time to reflect on the day and on life in general — a form of meditation if you will.