Mortgage Blog

Investment professional

April 27th, 2017 11:28 PM by Eric Fang

We always said that the neighbor's grass is always greener. That's true. AMZN was up bug after hours today, and I joked with my friend that he is richer by his holdings. But it is not bad for me either, since I have lots of financial stocks, and builder stocks. So we do not have to "envy" other holdings.

There is an interesting story about how the hedge fund manager manages their own investment and their clients: https://www.yahoo.com/finance/news/hedge-fund-billionaire-bill-ackman-180125949.html. That's why you need to be careful when others tried to manage your money.

Fisher investment called me once a month to manage my portfolio. I told them that I follow Buffett's advice: only purchase SP 500 funds. I purchased vanguard SP 500, the performance is almost the same as SP 500, since vanguard charges only 0.05% fees. Almost nothing.

Started running a little bit today, like 10 miles in the morning. Felt a little bit stiff on the muscle. Maybe I need a massage next week.
 
I think I found a new goal now. I plan to lose weight for another 10 lbs. I will give it 18 months. I will mark it here. As of today, I am 175 lbs in the afternoon.

Posted in:General
Posted by Eric Fang on April 27th, 2017 11:28 PM

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