“Half of golf is fun; the other half is putting.” – Peter Dobereiner
Playing golf is a lot like investing in the stock market. If you are a golfer, you know how both frustrating and rewarding the game can be. I’ve been playing golf for over 30 years and still find the sport humbling and gratifying. I love the challenge of connecting the mental with the physical when swinging a club.
About 25 years ago, after playing 18 holes with a wise, elderly woman on the West Seattle Muni course, I asked her the secret to breaking 80. She looked at me and said, “The problem with you is, you can’t make your four-foot putts.” I stood there stunned, and vowed from then on, to spend more time practicing my putting and less time practicing my driving.
Over the past 30 years I have broken 80 a few times, and still appreciate her wisdom even though it gets a little boring on the putting green when it seems everyone is smashing their driver on the range.
The same can be said about building portfolios with a Coffeehouse Investor focus. It can be a little boring in bull markets, when everyone seems to be talking up the hot stocks of Tesla, Apple, and Microsoft. And it can be a little boring in bear markets when Wall Street seems to be promoting gimmicks to protect your portfolio against market declines.
The three Coffeehouse Investor principles are your equivalent of a golfer’s four-foot putt:
- Asset allocation
- Approximate the stock market average
These three principles are in your control, allowing you to take control of your finances and focus on more important things, like your golf game! If you’re ready to take control of your wealth, let’s strategize and get you back on course – in life and in golf.