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Steve’s Passive Portfolio

The Passive Portfolio is meant to give good long-term returns with low effort. I wrote Steve’s Stock Trading Method that is geared for making short-term gains in stocks through value investing. It is labor-intensive and gives no consideration to asset allocation. Slow and steady wins the race Dollar-cost averaging is a technique investors use to […]

Steve’s Stock Trading Method

This is a method of value investing. It isn’t day trading, where one seeks to make a profit on price movements in a single day. Studies show that less than 10% of day traders are successful. I’m comfortable holding shares as long as they represent a solid investment. Overview Make these investments with pods of […]

Bob and Margaret – Schwinn bikes

Steve picked up 3 bikes from Bob in August, 2020. Dan’s mountain bike and Bob’s 1948 Schwinn bike would have required excessive repairs to become ride-able. Bob’s bike was purchased for $77 in 1948, which is worth $845 in 2020. On the other hand, Margaret’s 1977 Schwinn Suburban bike was easily reconditioned with new tires, […]