WSJ states 00’s Worst Investing Decade Ever
I have many interesting newsletters, RSS feeds, and blogs come across my desk in the course of a month. When I get the chance, I like to skim through them and read the most unique or thought provoking. Today, one sparked my interest. A friend of mine, at Growthink, pointed me to an article in the Wall Street Journal about the last decade of investing. As the article states, “Since the end of 1999, stocks traded on the New York Stock Exchange have lost an average of 0.5% a year:” That is pretty awful for a person, such as I, that began investing in 2001. Now I am not going to dive into my portfolio, but I will point out that, this is why we diversify our investments. By investments, I don’t just mean our pre-tax retirement funds. Wikipedia states that investments are “the active redirection of resources/assets to creating benefits in the future.” Investments can be in yourself, your education, gold, or your family. I think this article is really stating that the 10’s, as they are being called, are a great time to start diversifying your investments. I could predict your portfolio will increase 10% on average over the next 10 years, but I can tell you there is another less risky way to get a solid return. Invest in yourself! How can you make yourself a better employee, a better father, or a better person? I am lucky to work with and for great people, and they have given me the opportunity to continue to invest in my education and myself, with a full lab and multiple training courses. However, there is a little known fact, that they have given that opportunity to all of you as well. CB Tech opens its labs and partnerships to clients, both current and potential, to learn about new technologies, take a test drive, or find a training course to help better your business, yourself, or just learn something new. Feel free to reach out to me at chris.kelley (at) cbtechinc.com to learn more about our lab or partnerships. However, on the dawn of a new year, I wish you a safe and wonderful New Year! Remember, the 10’s are a GREAT TIME TO INVEST!
