Are HSAs good? What should I do with mine?
First off, let me say, this isn't advice tailored to your individual situation. HSAs aren't a good fit for everybody, as I discuss at the...
Nicholas Pihl
- May 6
- 1 min
May "Book Club" Recommendations
I thought this conversation between Tim Ferris and Rick Rubin was really interesting. Rick Rubin is a record producer who has worked with...
3
Nicholas Pihl
- May 6
- 1 min
April "Book Club" Recommendations
My recommendation this month is Peter Zeihan's book, The Accidental Superpower. His thesis is that America has a number of geographic and...
2
Nicholas Pihl
- Apr 24
- 3 min
Why Buffett is even smarter than I thought
It's funny how, the more I learn, the more I re-discover the same stuff that Buffett has been saying and doing for decades now. Writing...
5
Nicholas Pihl
- Apr 19
- 5 min
Notes from the 2021 Berkshire Hathaway Letter to Shareholders
Berkshire Hathaway is a company that I and some of my clients own shares in. This article isn't a recommendation to buy or sell shares,...
4
Nicholas Pihl
- Apr 8
- 2 min
What bonds are telling us about inflation
The big question on my mind these days is whether inflation is "transitory" or enduring. This matters because inflation tends to have a...
11
Nicholas Pihl
- Apr 1
- 7 min
For better stock investments, focus on these three principles
The thing about equity investments (ie stocks), is that they aren't bonds. "Well, duh," you say, "obviously stocks and bonds are...
3
Nicholas Pihl
- Mar 24
- 9 min
Searching for the next Amazon.com. Is it a bad idea?
TLDR: Yeah. It is. Investors spend a lot of time speculating (read: daydreaming) about what it would be like to have bought Amazon stock...
3
Nicholas Pihl
- Mar 22
- 5 min
What's the REAL reason I want a Tesla?
One of my goals is to help people make financial decisions that increase their happiness and satisfaction in life. At times, this can...
7
Nicholas Pihl
- Mar 11
- 10 min
How to invest $100 million
I don't ask this question to provide a "right answer" that will apply to everyone in the ultra-high-net-worth category. Instead, I hope...
9
Nicholas Pihl
- Mar 4
- 2 min
March 2022 Newsletter
I hope you are doing well and enjoying a little extra sunshine and longer daylight hours. This winter felt longer than usual to me, so I...
2
Nicholas Pihl
- Mar 3
- 7 min
The Inflation Effect on Investing
Inflation has broad and profound effects on the economy, particularly in the worlds of business and investing. It puts added pressure on...
11
Nicholas Pihl
- Feb 23
- 4 min
Inflation and Stock Performance
The relationship between inflation and stock market performance is not as straightforward as some pundits (and some advisors) have...
5
Nicholas Pihl
- Feb 23
- 4 min
Should I Invest My Cash Reserve?
For any money you'll need within a year or less, I wouldn't recommend investing your cash reserve in anything riskier than very short...
6
Nicholas Pihl
- Feb 14
- 5 min
How to stop struggling with your goals, start enjoying life, and still get everything done
The problem with goals is when they crowd out everything else in your mind. From the outside, this looks like determination (which is a...
2
Nicholas Pihl
- Feb 10
- 2 min
Managing Risk
Most people are familiar with the stock market, which consists of hundreds of publicly traded companies that are all on their own,...
2
Nicholas Pihl
- Feb 4
- 1 min
February 2022 Book Club Recommendation
My book recommendation this month is a little unusual (although that may be true of almost all my recommendations so far). The Power of...
5
Nicholas Pihl
- Feb 3
- 3 min
The real value of advice, and what some advisors (and their clients) get wrong
The main way I make money is by managing investments for a fee. This is controversial for some people. Mostly, the pushback sounds like,...
3
Nicholas Pihl
- Feb 3
- 5 min
How to lose less money in a casino, and make more money in stocks
There are many examples of faulty reasoning when it comes to money, and gambling in particular. A particularly destructive notion is...
4
Nicholas Pihl
- Jan 21
- 3 min
How to invest when you are less than 10 years from retirement
Over the long term, the S&P 500 has produced total returns of around 10% per year. At least when you measure results over a given 40 year...
3
