investing

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Jim Bauer @porwest (112864) • United States 9 Jun

So, it's been forever and a day since I've talked about the Tuesday Challenge. I guess part of that is, you can only say so much about it, and updates on balances can become boring... And to some, maybe even obnoxious. Yet, at...

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6 people

The Tuesday Challenge

Jim Bauer @porwest (112864) • United States 3 Jun

Man, I haven't written about the Tuesday Challenge in ages. Does anyone even remember what it is? Did anyone ever actually do it? I know there were some who said they wanted to, but I wonder if anyone ever actually committed to...

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9 people

Contrary to How it Sometimes Comes Off

Jim Bauer @porwest (112864) • United States 11 Nov

Whenever I bring up money, some people seem to take it as bragging. Let me be clear—it's not. I'll hear comments like, "Glad it worked out for you," or, "Well, not everyone's situation is the same." And while that's true,...

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8 people

Amazon Delivered the Goods

Jim Bauer @porwest (112864) • United States 1 Nov

No, I didn't order anything from Amazon. Well, not unless you count the Vitamin D and cat food that showed up recently—both courtesy of a $50 gift card from a source I won't name (lest the myLot vampires sniff it out and stake my...

amazon

stock

investing

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11 people

Is the Jump in Gold Price Really That Impressive?

Jim Bauer @porwest (112864) • United States 11 Oct

The short answer is no. It is not. Sure, you can go by the idea that had you bought one ounce of gold in 1980, you'd have paid $600 for it, and now it's worth $4,000 or more. Nice gain, right? Not really when you keep in mind...

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4 people

Walmart Would Be Worth What??? (Insert Wow Emoji Here)

Jim Bauer @porwest (112864) • United States 28 Aug

Sometimes when you play around with the stock market, you get curious and want to play the "what if" game. In many ways, especially at times when the stock market feels "slow," you need that added perspective to appreciate the...

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2 people

The Tuesday Challenge Has Finally Found a Purpose

Jim Bauer @porwest (112864) • United States 23 Aug

Okay, so I have told you about the Tuesday Challenge, and I have updated several times on its progress since I started this about two years ago. But what is it for? I have never really been able to say exactly what I intended with...

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4 people

Woodstock for Capitalists

Jim Bauer @porwest (112864) • United States 2 May 25

Over the years, no one has been better at making a shareholder's meeting an event like Warren Buffet and Berkshire Hathaway has. I tend to think that once Buffet is gone, and he's 94 now, it will be the 'end of an era' and an end...

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5 people

Tuesday Challenge 04/29/25

Jim Bauer @porwest (112864) • United States 29 Apr 25

The Tuesday Challenge has evolved a bit since a year and a half ago or so when I first started doing it, and so far, I have accumulated $1,401 in my envelope. It's such a simple and fun way to save a little extra, which is...

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5 people

How a Found Aldi Cart Equals 26.5 Cents

Jim Bauer @porwest (112864) • United States 23 Feb 25

Welcome to another wild and zany episode of how Porwest thinks about money. Hey, it may sometimes be a bit twisted, even at times borderline ridiculous, but I can also say, with absolute confidence that these are basic money...

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6 people

Breaking the Cycle of Insanity

Jim Bauer @porwest (112864) • United States 21 Feb 25

I talk a lot about saving and investing your money, and the importance of it. But there's another aspect of it that I don't always express as much, although I have mentioned it more than once, and that's about the [i]power of...

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9 people

If I was a gambler....

Fleur @Fleura (35065) • United Kingdom 3 Feb 25

In my last post I reported that my investment in a market-tracking fund had done well. The main reason I started this in the first place was that I had no idea how to invest in individual shares. If I did there are certain...

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5 people

Sharing a Very Harsh Reality

Jim Bauer @porwest (112864) • United States 1 Jan 25

This is not a brag, nor is this a scolding. What this is, is a harsh reality that I face not only here but in many other places. I've managed to save a little bit of money. My wife and I have been fortunate. [i]By...

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27 people

Stock Market is Soaring

Jim Bauer @porwest (112864) • United States 6 Nov 24

It's not even 730am as I write this, but last night some stock market futures were suggesting an 800 point run up on the 30-stock Dow Jones Industrial Average, and this morning in premarket trading, all areas of the market are...

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7 people

The Future of Money

Jim Bauer @porwest (112864) • United States 24 Sep 24

One of the ways I go about my financial pursuits is of course through saving and investing. The key here is how I think about my money in terms of its real value. Is $1 worth a dollar? That seems like an odd question to...

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7 people

Free Fried Chicken Courtesy of Amazon

Jim Bauer @porwest (112864) • United States 11 Sep 24

I may be weird, and you can chastise me if you want. But my rich uncle Archie long ago taught me, "If you want things, use other people's money." Those were words that just stuck with me. "Keep your money and invest it in...

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8 people

Tuesday Challenge 08/13/24

Jim Bauer @porwest (112864) • United States 13 Aug 24

I have not talked about it in a while, but I have not stopped doing it. That is, the Tuesday Challenge. Basically, every Tuesday, whatever the date is on the calendar, you put that amount into an envelope. After about a year you...

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12 people

When They Go That Way, I Go This Way

Jim Bauer @porwest (112864) • United States 5 Aug 24

The markets have been tumbling, and it looks like today they will tumble further. It's a panicked frenzy of selling based on investor sentiment that a recession may be coming, that the Fed may have made a mistake by keeping rates...

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6 people

Here We Go Again

Jim Bauer @porwest (112864) • United States 3 Aug 24

Well, that's just the way it goes and it happens over and over again. The stock market has taken some deep tumbles, with the worst day since 2022 on the S&P 500 happening on Friday and the Dow closing down over 600 points and...

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8 people

Ford, You Did it Again

Jim Bauer @porwest (112864) • United States 25 Jul 24

Ford Motor Company is a stock I have owned for decades, and the one thing about it, that is sometimes annoying, is that it's just never been an exciting stock by any stretch of the imagination. In all the years I have owned it,...

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5 people