I read a great piece in Money Magazine a while back. It’s more about mindset than the market, but I found it to be highly relevant to what we’re doing in REI, so I wanted to pass along their analysis. The author stated that he gleaned his information from his 5-year study on the habits of 233 self-made millionaires. His two biggest takeaways were: He says that he’s identified more than 300 of what he…
Author: Dennis Fassett
I'm pleased to report that after multiple decades of hard-headed stubbornness, I've finally figured out that all work and no play makes Johnny a dull boy. So I've taken it upon myself to convert my wife and now adult(ish) kids into a roving band of merry adventurers.
From horseback riding in Monument Valley to ocean kayaking in Acadia - all of our exploits have earned the coveted "epic" label from the younguns.
I'll tell you about them - and also about the other "adventures" I'm having in my real estate investing business.
You can also find me over at DennisBuysHouses.com
Ignore the National Talking Heads
“You will never find a more wretched hive of scum and villainy.” ~ Obi Wan Kenobi I’ll bet you thought that old Obi Wan was talking about Mos Eisley, right? Well, he wasn’t. It’s a little known fact that when he said that, he was actually referring to real estate investing in the City of Detroit. Shocking? You wouldn’t think so if you’ve been here. Not only have I been to Detroit, I live here.…
Don’t Fight the Tape
We had this old saying back in my investment banking days: “Don’t fight the tape.†It was a phrase that we used in finance that basically cautioned you not to bet or trade against the trend in the markets. It was a REALLY old saying because the term “tape” referred to the ticker tape machine that the old timers used to have on their desks to get stock prices delivered to them before AOL, E-Trade, and iPhones.…
Cigar Review: Rocky Patel Nicaraguan Torpedo
Wow. It’s rare when I find a truly great cigar for under $10 a stick. And it’s like finding a unicorn when I find one under six bucks. But I found one. The Rocky Patel Nicaraguan Torpedo. My dealer, Famous Smoke Shop, sells them. They go for – get this $5.20 a stick individually, and you can get a pack of 5 for $21.95 as of this writing. And they’re awesome. The first thing…
Cigar Review: Arturo Fuente Chateau Fuente Sun Grown Queen B
I don’t normally start my cigar reviews talking about my wife, but she’s relevant to the story so stay with me. Truth be told, my cigar habits are pretty boring. Having enjoyed them now for going on 25 years, I know what I like and I tend to stick to it for my “daily driver†cigar, my “yard work†cigar, and when I occasionally go upscale. Old habits die hard I guess. That’s where my…
Cigar Review: The Romeo Y Julieta Reserve Toro
If you’ve been reading my stuff here you may not know that for some time I’ve been doing cigar reviews. Why have I not posted any of them here? Yeah great question. But today that changes. While I do have my favorites, I also like to experiment on occasion and try a cigar I haven’t smoked before. I plan to bring you reviews of both going forward. To start I’m going to review a…