tag:blogger.com,1999:blog-5003361331769994263.post4946498309786274378..comments2023-09-09T06:38:06.990-06:00Comments on Pulling Ourselves Up Financially: Rethink your processesPulling Myself Uphttp://www.blogger.com/profile/03676667648941966869noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5003361331769994263.post-48960289824904356392013-11-06T20:40:25.053-07:002013-11-06T20:40:25.053-07:00Hehe I just read your monthly update and noticed y...Hehe I just read your monthly update and noticed you did post your deposits. I should have read it before posting this comment.Compounding Incomehttps://www.blogger.com/profile/04207986983526689578noreply@blogger.comtag:blogger.com,1999:blog-5003361331769994263.post-22751531821062072862013-11-06T20:21:42.033-07:002013-11-06T20:21:42.033-07:00Yes when I first started income investing I went s...Yes when I first started income investing I went straight for yield as well. Pretty natural I think. Still working on replacing some of those legacy picks that I don't think I'll hold long term. If I plan to hold companies for decades, they ought to be something with an enduring advantage: ie. high quality or a business I can trust. That is one thing I've learned and began implementing last year, though I do hold some speculative companies too. It all stems from reviewing my process and way of thinking like you say. <br /><br />As for tracking your deposits: a simple fix is to just add it to your monthly update. Savings and regular contributions will be far more important to your income stream/portfolio than investment returns for the foreseeable future. You may want to rethink abandoning it all together. Heck if writing a post about saving $$ is what motivates you, I say go for it. Do whatever is needed to make it happen and set new records. Us readers will be there cheering you on, we want you to succeed! <br /><br />The fun part about following a real money investment blog is watching the author achieve his/her goals, or "pulling themselves up" (get it, haha) if they don't. You can't get that with articles/theory.Compounding Incomehttps://www.blogger.com/profile/04207986983526689578noreply@blogger.com