{"id":55213,"date":"2021-07-22T14:32:58","date_gmt":"2021-07-22T18:32:58","guid":{"rendered":"https:\/\/www.technologyinvestor.com\/?p=55213"},"modified":"2021-07-22T14:41:49","modified_gmt":"2021-07-22T18:41:49","slug":"dollar-cost-averaging-revisited-federers-devilish-squash-shot-critical-issues-like-hearing-aids-solved-the-simplest-best-software","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=55213","title":{"rendered":"Dollar Cost Averaging Revisited. Federer’s devilish squash shot. Critical issues — like hearing aids — solved. The simplest best software."},"content":{"rendered":"

This is Mike Zordan, the best stucco man in the entire world.<\/p>\n

\"\"<\/p>\n

He just re-did all the stucco on our house. He did a fabulous job.<\/p>\n

He’s 53 and curious about his next 20 years. I freaked him out with stories about my 70+ year old friends who now have medical issues and concerns about paying for the procedures they’d like.<\/p>\n

Half the young-ens at the local coffee shop are also concerned. I look at their life-styles. They’re busier than one-armed paper hangers. They have no interest in sitting in front of screens figuring which stock is going to make them richer than Croesus.<\/p>\n

So, here goes with the ultra-simple, brainless method of investing. It’s called Dollar Cost Averaging with a Wrinkle.<\/em><\/p>\n

Open an account at any online broker. The easiest is Fidelity or Vanguard. They’re free.<\/p>\n

Take $10,000 (or whatever you have) and buy as much VGT as you can. VGT is Vanguard’s tech ETF.<\/p>\n

Then, every month, deposit a fixed amount, say $1,000 into your account and buy more ETF. Don’t look at the price — which may be higher or lower than last month. That’s why it’s called dollar cost averaging. <\/strong>You keep putting more money in every month. It averages up or down.<\/p>\n

Here’s the wrinkle. As go about your day-to-day life, watch what you and and your friends spend money on.<\/p>\n

Let’s say you build houses for a living. Everyone up here seems to. You’ll notice that everybody and their uncle is buying a Generac emergency generator. So buy some Generac stock, symbol GNRC.<\/p>\n

You buy stuff through Amazon. So, buy some Amazon stock. You just go the Moderna vaccine. So buy some MRNA. I’m wearing Nike sneakers. I like them. Buy some NKE. I really like what Tesla and Ford are doing in electric cars. So buy some F and TSLA. If you use Windows, buy Microsoft. If you have an iPhone, buy some Apple.<\/p>\n

The key to this wrinkle is to buy stocks of companies which give you great service and who impress you. Don’t go crazy finding them. Just keep your eyes open and keep dollar cost averaging into one or two ETFs, but especially VGT.<\/p>\n

Here’s a ten-year chart of VGT. You can see it’s done better than the SPX — the S&P500 — the lowest line on the chart. But it hasn’t done as well as Generac or Amazon.<\/p>\n

\"\"<\/p>\n

Why VGT? Three reasons:<\/p>\n

+ It’s a no brainer.<\/p>\n

+ It’s tech and it does better than the S&P500.<\/p>\n

+ It’s cheap. Expenses are very very low. One tenth of one percent — 0.10%. That’s low.<\/p>\n

I like these buttons<\/strong><\/span><\/p>\n

Running a business that deals with the public? These are great buttons for your people to wear. Makes you customers feel protected. They’ll come back.<\/p>\n

\"\"
\nGet your buttons from here.<\/strong><\/a><\/p>\n

Roger Federer\u2019s Gift to Tennis: A Shot That Players Love to Hit
\n<\/strong><\/span>
\nThe squash shot may be a last-resort play, but it\u2019s fun to unleash and spectacular to watch. Federer made it his own, but many other players, especially women, are adopting it.<\/p>\n

\"\"<\/p>\n

WIMBLEDON, England \u2014 \u201cTimes have changed,\u201d Roger Federer said this week as he looked back on his early days at Wimbledon.<\/p>\n

\u00a0Serve-and-volley was the rule then for the men, not the exception. Points were shorter, but the shots often slower. Modern string and racket technology and modern training methods have helped all professional players generate more pace and spin from extreme positions, and no shot better exemplifies the shift than the one the 39-year-old Federer has popularized over the course of his 23-year professional career.<\/p>\n

It is best known as the squash shot, in part because Federer played squash in his youth, and it is a lunging forehand slash, typically from an open stance.<\/p>\n

It is a spectacular shot to watch and, as Federer once told me, \u201ca very fun shot to hit.\u201d<\/p>\n

But it is not typically good news when you have to use it.<\/p>\n

\u201cHonestly, it\u2019s your last-resort play,\u201d said Mackenzie McDonald, a 26-year-old American. \u201cMaybe your only option.\u201d<\/p>\n

But in tennis, players adjust to the challenge and the risk. As pro tennis has accelerated, they have created new ways of defending, and the squash shot has become a staple through the years, perhaps even more in the women\u2019s game than in the men\u2019s.<\/p>\n

\u201cFor me, that\u2019s a sign of the influence of Fed across the whole sport,\u201d said Brad Gilbert, the ESPN analyst and former top-five player, referring to Federer.<\/p>\n

It is also a tribute to Kim Clijsters, the powerful and elastic Belgian star whose trademark was her sliding forehand slice, often hit out of a near split.<\/p>\n