MOVIES!!! I’m a fan of fine cinema! I find it amazing that I can sit down and basically be transported into another world that a huge team of creative people has spent countless hours and probably many millions of dollars to create. The best part is all it costs me is a few bucks and …
Author Archives: deanorolls
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 …
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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 …
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Tenet: Balance – Keep things in balance and you will have few regrets.
Balance is simple. Keep everything in balance! All work and no play make Joey a dull boy. Simple right?!?! Not true. Like so many things in life, a simple concept becomes very hard to put/keep in place. If there is one area I have always struggled it is with finding the right balance. The big …
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Tenet: Personal Responsibility – Own your life and your decisions.
Personal Responsibility is the single most important tenet that I hope you leave my house ‘getting’. I was lucky to learn this very early and apply it in almost every single situation, every single day…for days, weeks, months, quarters, years, decades! It is such an important thing to have a firm grasp on. Own your …
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