Physical Gold and Silver

Asset Class: Commodities (Precious Metals) Original Investment Thesis (7/2018): I will likely keep a precious metal allocation in my portfolio from here on out.  I’ve never owned precious metals in my life until mid-2018.  I’ve heard all the great investors talk about how it is nothing but a pet rock, has no yield, therefore, it …

Topic: Importance Of Family

They say you can choose your friends but not your family.  This means that for better or worse it looks like you are stuck with me for the remainder of our duration on this earth together.  I love each one of you and wouldn’t have it any other way. I asked us all to dinner …

Creating Deanco Investment Group

Preston, my oldest son, recently (in late 2017) got interested in investing and wanted to learn about it.  I warned him it was really hard, really time-consuming and almost always a losing game to try to beat the “market”.  I told my son if you want to invest in individual stocks (rather than just buy …

Tenet: Don’t Do Things That You Know Ain’t Right – Just act right!  So many people get this simple concept wrong.

James 4:17 So whoever knows the right thing to do and fails to do it, for him it is sin. Just act right!  So many people get this simple concept wrong!  I have found myself wondering why people can’t just act right so many times in my life.  It is mind-boggling things that you hear …

Topic: Why College?

Earlier this year I talked with you guys about the importance of intelligence/education in determining your success in life and in creating wealth for you and your family.  We talked about how smart people wind up earning more than people who are not as smart.  We talked about how educated people wind up earning more …

Tenet: Have a BHAG! – Set Big, Hairy, Audacious Goals.

Big Hairy Audacious Goal(s)!  I heard this term for the first time in a book about how to build great companies. The book was called Built To Last and it was and still is one of the better books on business around.  One of the concepts in the book was those truly great companies…ones that …

Tenet: Be Well-Rounded – Learn as much as you can about as much as you can.

What does it mean to be well-rounded?  Eating tons of cheeseburgers will get you there but that is not what I mean.  This is similar to keeping things in balance but easier and more fun I think.  Being a well-rounded person means that you know a little about a lot and don’t get obsessed with …