investing

Bursting the Warren Buffett Bubble

SolomonSuccess.comThere is a popular sentiment among many investors that the secret to success in the financial markets is to find a ‘Rock Star’ fund manager and ride their expertise to wealth. Of all these rock stars, none has more acclaim than Warren Buffet. Supporters frequently point to the 27.7%, 30-year compounded rate of return for Berkshire Hathaway (Compared to 12.8% for the S&P 500) and assume that the only thing they need in order to realize success is to find a person with the skill and insight of Buffett and invest in their ventures to achieve success.

The “Barbell” Strategy of Investing

SolomonSuccess.comIn the marketplace of ideas, there is no shortage of strategies for investing to produce superior returns. These range from the ‘crackpot’ infomercials schemes that infest early morning television to people that are afraid of the stock market altogether, and also include the research of Nobel laureate economists. The key question for an aspiring investor to ask is what they can learn from each method and strategy.

When Investing, Solomon Reminds Us Simple Is Better

investingProverbs 2:7 tells us: “He wilt keep the salvation of the righteous, and protect them that walk in simplicity.” While different Bible versions assign different meaning to the word simplicity, let’s take it literally for what it means in today’s modern society, namely, the value of keeping things simple. There is normally no good reason for making your investing or business life convoluted; usually that means that you’re messing around with it too much and not allowing God the chance to work his magic.

Successful investing – the short version

Avoid bad debt. Seek good debt. It's a pretty sure bet that King Solomon would not have been in favor of running up your credit card balance to the upper limit so you can own the latest...