The Money Mustache Community

Learning, Sharing, and Teaching => Investor Alley => Topic started by: mrpercentage on April 21, 2015, 04:11:39 AM

Title: Mustachios Stock Picks
Post by: mrpercentage on April 21, 2015, 04:11:39 AM

I am truly inspired by this
http://www.joshuakennon.com/janitor-ronald-read-leaves-behind-8000000-secret-fortune/

Title: Re: Mustachios Stock Picks
Post by: ruchaweecute on April 22, 2015, 02:06:25 AM

Database is really good. Actually with good information, thanks.

Title: Re: Mustachios Stock Picks
Post by: forummm on April 22, 2015, 06:53:30 AM

Quote from: mrpercentage on April 21, 2015, 04:11:39 AM

I am truly inspired by this
http://www.joshuakennon.com/janitor-ronald-read-leaves-behind-8000000-secret-fortune/

You're lucky. Not many people are inspired to take on a new janitorial career.

Title: Re: Mustachios Stock Picks
Post by: mrpercentage on April 22, 2015, 07:43:49 AM

25,000% MFer's.
Don't buy companies that are crap just to make a profit.
God rewards loyalty. Just don't put all you eggs in the same basket. Own some GLD and FLOT to sell when the market goes to crap and buy more quality companies.
Shit you don't even get taxed for most of it, and you aren't keeping alive companies that shouldn't be here. Let evolution take its course by buying what you actually believe in.
Or just do quick trades and feed uncle sam while i collect dividends.
A janitor with $8,000,000 from picking stocks of companies he actually used. How could I ever replicate that difficult strategy? Not sure I better pull out a chart and analyze instead of buying a quality company like Disney that is sure to be around in 30 years.