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Listen to the Children!!
OMG I just found a journal my children and I made when they were in 5th & 6th grades. I had been reading about investing for a couple years and had just finished Peter Lynch’s books where he covered a 5th grade class investing and how well some did. I was intrigued and took his advice literally. Took my kids to a Columbus, followed them around the mall, and asked what their 5 favorite company’s would be, if they could own any company in the world. Their answers, not surprisingly, were Apple, Starbucks. Chipotle, then agreed on Nike and Activision. The would have trounced all my investing performance with this small selection of stocks. Picking $MSFT @$44 at the same time was the only bright decision I made. I just wish I would’ve let them invest their own money🤦‍♂️

Ask your kids, they understand the trends better than all the stupid data we look at.

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Source: The Rich



The journal is from my birthday. April 8th, 2015. Lord why I didn’t just trust the children!

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