Dear readers,
This blog has now reached over 51+ countries, and I’m honored to have each and every one of you here. If you’re not from the US, it’s important to know that financial advice is not a one-size-fits-all approach. So it’s important to understand that what might look great on a post might not work for you. Please do your due diligence. Be cautious, be safe, and understand, I want the best for you and the best for your family.
With that said, my goal for you and this blog is to continue to write about the side of finance that isn’t talked about, which is the trauma of finances. It’s the frameworks that we create around our finances. It’s making sure that those of you who did not come from a US background or a background of education get an education through this blog with my own knowledge, my own experience.
As some of you know, I’m going on a journey to become a CFP after being a psychology student for the last year and a half. In 17 months, I’ll have my bachelor’s in psychology, which will then help me transfer over to the CFP program at Boston University. If the plan is still the same, I will be looking into Harvard Extension School for their finance program or even their finance certificate.
With that said, here’s an update for the blog…
The investment fund is now around $2,200. As you know, our goal was conservative, for market mishaps, disruptions, and cash flow. With that said, we are close to our goal before the year-end is over. We may be raising that goal to $3,000 or maybe even $2,800 depending on other obligations that need to be met in other accounts.
As you know, I’ve been focusing more on saving cash rather than investing at this point. However, both the private fund and the personal accounts have hit milestones this year, which I’m very thankful and honored to have the privilege of witnessing and being a part of in my lifetime, because I know not everyone has the privy to knowledge to build this kind of financial security.
Which is why I’m here all the time, creating articles with you in mind to make sure that no matter where you are in the world, you will be financially okay, for you and your family.
With that said, I think it’s important to acknowledge that not everybody has the privilege or the benefit. Not everybody has the privilege to invest in a stable stock market or an economy. And for that, I acknowledge my privilege of being a US citizen.
If these articles have helped you in any way, let me know. Let me know what you want from me. Let me know how I can be of service, and please do not be scared to leave a comment. I will get back to you. As always, keep it respectful and kind.
Any argument, anything that takes away from the knowledge and learning from this blog- will be deleted. I won’t argue with you. I won’t acknowledge it. I’ll just delete. My time is valuable. Therefore, I won’t waste it on anything that takes away time from the things that matter the most to me, whether it’s this blog or the things that are happening in my private personal life.
With that said, I wrote a blog post about Warren Buffett retiring at the end of this year. We know that’s a big shock to a lot of the community. We know with Charlie Munger’s passing back in November 2023, a lot of people are unsure about the investing world at times, about how it’s going to look, or if certain investing styles are still going to be at play.
And I encourage you: do not panic. Do not pull out of the market. Understand that regardless of what goes on, regardless of who leaves this Earth behind, these values, these timeless principles of investing, will always remain.
We’ve learned a lot in our time from Charlie Munger and Warren Buffett. We were honored to have their wisdom over the years, especially Charlie, who is one of the most brilliant thinkers of our time, of our generation.
And if you know of him, you are in a very rare group of people that know of him outside of Warren Buffett, and for that, you should take a minute to acknowledge that. You can go around and ask, “Do you know who Warren Buffett is?”, nine times out of ten, people do. “Do you know who Charlie Munger is?”, nine times out of ten, people do not.
So acknowledge that: if you knew these great gentlemen running their company, you are in good hands. You should have the tools. You should have the knowledge. And you should have the foundational principles to keep your portfolios up and running.
If you’re new here and you haven’t had the honor of studying these great men, I encourage you to look into two categories on this blog, and that is behavioral finance and market psychology. Before you do anything else, you need to understand your own psychology and what you can stomach when the market turns, because it will.
The market will not always stay up. It will not always feel good. It may even scare you for multiple years at a time. It’s important to know your own temperament, your risk management, your own tolerance.
And for those who have done a little bit of research, or have had the honor of coming across these great men, if you’re looking for more information, there are categories under investing and investment fund. Both of those will allow you to see the journey that I’ve been on.
The investment fund covers just the investment fund, from zero, with the goal of it being a documentation for everyone that wants to understand how to create a fund from zero to thousands. The investing articles are more about how I built my personal portfolios, which are higher than the investment fund right now.
The purpose of the investment fund was to finally have something outside my own personal assets. Something that I can continue to build regardless of what happens. My personal assets are there for a rainy day, for if I want to buy a house, if I want to trade off some and travel. But the investment fund is where I leave the legacy. It’s where I build and make sure that my family knows we can sleep peacefully at night, knowing that no matter what happens in the world, we are financially secure.
Please understand this one thing: if you don’t understand anything else, money does not replace anything that’s inherently of value.
Understand that it’s a tool. That is it.
It gets you what you need. It gets you where you want to go. It allows you to design a life for you and your loved ones. That’s it.
Please do not make the mistake of chasing it at the cost of having relationships. At the cost of your character. At the cost of being a good person.
It’s only worth having if you can put those things first.
With that said, welcome, and I encourage you to continue to grow your financial knowledge. I hope that these articles continue to be of service to you.
With that said, until next time, take care.
The Broke College Student 
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