Learning to Manage Money

Growing Money Smart Sabbatical

I haven’t been on the site much lately, but believe it or not that’s actually a good thing!  Let me explain:

These past few months I’ve been really researching the stock market hard.  I’ve been trying a lot of financial experiments with small amounts of cash (around 2k per investment experiment) all while conducting these experiments simultaneously.  I’ve had varying results with my experiments, but I think they have been worthwhile.

Why am I doing this? I’m starting to write a book on personal finances for my kids.  This sounds easy but it’s actually incredible hard.  It’s hard because you can’t just throw P/E, PEG ratios and market capitalization numbers around and expect that information to be relevant and remember by kids, especially when they don’t have much money experience to begin with.  Plus, to start out teaching them about investment without covering the basics of personal finance just confuses the matter.  So, while initially I was going to have my kids read the same books that I read when I was in college, that just doesn’t cut it for young kids and even teens.

While I’m not entirely sure that I will try to get the book published, it might be an ideal thing to pass through the family and futures generations.  If after writing the book, I’m happy with it, then I may consider having it published.  The key is to write it in such a manner that it sinks in for my kids.  So more than likely, I’ll augment the books contents with side activities like spending, saving, investing money and online content at this site.  In fact, I’m already having them do some of these activities, so it’s not a huge adjustment for them, since they are partially on that learning path currently.

Through my experiments, I’ve determined that the devil is in the details with investing.  The more fine tuning you can do, the better your investment return could be.  Failing is part of investing, the key is to win more than you fail and to cut your losses quickly when you do start to fail in an investment.  I’ve determined two particular methods of investing that seem optimal currently, but I’m still experiments, so we’ll see what else I can develop or flush out.

So while I’ll be away doing mad scientist things financially and won’t post quite as much, the content of my future posts could be quite enlightening!  I’m good at seeing new patterns in things, especially with investing!

Stay tuned,


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