Boxcars roll steadily in a column, bound front and back to others, with their graffiti facades, pulled and pushed by locomotives they never meet, along steel rails that take them to and from places they’ve rolled many times before. Ever feel like you are plodding endlessly along familiar tracks, pushed and pulled by forces you don’t understand, to places that no longer excite you?
When I was growing up my family didn’t have a lot of money to spend on luxuries. In fact, I can remember rooting around in our couch cushions trying to find spare change to buy gas for my ’69 VW Bug. With a 10 gallon tank and 90¢ gas you’d be surprised how far I could go after a little scavenging. Thankfully, today I can fill my Honda Accord’s gas tank without having to tear through our living room couch cushions, but, I still have a tendency to view money as a very limited resource. Some would say I’m frugal, others stingy. Either way my past
If you could use only one word to describe the most important thing in investing what would it be? If the question was real estate, you’d quickly say – LOCATION. If eating – healthy, maybe taste, or sport – winning, or sailing – wind, or mechanical motion – friction.