As PF farm says, I think it's great for average people. I laughed because the market is open 32.5 hours a week and that doesn't account for paperwork, and if you're counting reading financial articles and such then for me it's over 50.

Rookie numbers!!! You guys need to pump those up!!!! lol just kidding

There’s a market open,,,,, 24-7 somewhere

Rarely read any mainstream publications anymore

During Covid,,,it became very obvious that they just push narratives

Almost none have been correct this year,,,, predicting the impacts of tariffs. Etc

Next year is going to super interesting,,, very exciting!!!

Good luck everyone

Merry Christmas!!!!!

Remember reading something about "where your treasure is, is where your heart is." So it being Christmas morning I'll go with Harry Bailey's definition...

I enjoy the opportunity to see everyone's opinions on Dave Ramsey, saving, investing, and all things financial. I read everything I can along those lines including Boglehead and Early Retirement forums.
What works for one will certainly not work for everyone. Monitor your net worth at least on an annual basis and work to increase your net worth. Sometimes this means paying down debt. Sometimes it means investing in something as simple as an index fund and letting it ride. Even doing both.

When it comes to investing, just get started even with a small amount.

I knew a wealthy farmer/landowner who was talking about his land acquisitions. He said he bought the first quarter of ground, and was very frugal until it was paid off. Then he bought another and stayed frugal, but used the first farm to pay off the second one faster. Rinse and repeat. He says "and before you know it, you can't stop it."


It would be interesting to read a thread like this from 2008, just after the crash.

Great point, Orlando. Its not about timing the market, its about time in the market. The earlier a person gets started, the more 'doublings' they will see....

I am a fast reader, so cover the WSJ, the private digest, and the oil & gas newsletter quickly. I have created forms for everything else - gather the details and plug it into forms to have a comprehensive updated look at our situation. What takes the most time is analyzing, managing, and verifying the monthly production reports for the wells spread over two companies. For example, yesterday i received the production statements for October. All sales of crude oil are reported at 14% less than the actual selling price. That affects royalties. Time for another reconciliation.