Investing in Every Aspect of Life
Gosh, it has been a loooong time since my last post! I have been extremely busy with work, and with rennovating our new home. With my new responsibilities at work, a usual week consists of 50 hours (or more). When I get home, the brain turns to relaxation mode. Unfortunately, this has meant that I am not on top of the markets as much (or this site).
The reason I chose the name "Rational Investing" for this web page, is because using rationality can be the best way to achieve long-term financial success. Many of you have careers that may be separate from investing (much like myself). Most importantly, you have family and friends that mean far more than work, investing, or any other money matter. In order to be successful, you must invest energy, time, and money in the most important things in life such as family, health, and work. After these aspects of life are in harmony, then I suggest that you spend the residual time to study investment opportunities.
I made the difficult decision late last year to sell all of my stocks and put the money into my new home. This was very hard for me, as stock investing was (and still is) one of my favorite "hobbies". However, as a new home-owner in my late 20's - I feel that it was a must for me to take this step. Looking back, I am happy that I sold everything as the markets have tanked over the past 3-4 months.
Therefore, I will say that investing depends on your situation. It also depends heavily on the markets. Always look for extremes (any assets that are in the news as being "high" or "low" i.e. Oil/US Dollar/Gold -or- Real Estate/Stocks). My wonderful wife and I decided to buy a house while everyone was scared to buy. This seemed like a good idea, instead of buying our first home in a hot market - only to see the price decline.
Going forward, this site will encompass a broad range of "investing" in all asset classes - including stocks, bonds, real estate, and most importantly - yourself!



