Understand the Business You Are Investing In

Picture of a man pouring a cup of coffee PLUS Lockstep Investing Logo and the wording "HOW Many cups of coffee". The image is for an article about understanding the business you are investing in.

When I was a kid, my father and I had this little ritual when we visited a coffee shop. It was like our own personal game. He’d catch me while I was sipping a coke and casually drop the question, “How many cups of coffee do you think this place needs to sell daily to […]

The Importance of Long Term Investing

Lesson 4: The Importance of Long Term Investing   In last Thursday’s newsletter, we discussed the importance of compounding and why it is essential to invest in compounding assets if you want to create wealth. Today, we discuss another essential principle often overlooked, especially because of our need for instant gratification: Invest for the long […]

Compound Interest: Your Key To Success

Lesson 3: The Importance of Compounding   Most of you are familiar with the concept of compound interest, but it is worth repeating because of its importance. There are two main ways to grow your wealth; In a linear, straight-line by earning simple interest or, In a geometric fashion known as compounding. Let us assume […]

What Is Investing?

Lesson 2: What is Investing   People often liken investing to gambling. While investing and gambling certainly have similarities in that an element of risk is involved due to our inability to predict the future, investing is no more a gamble than starting a business, accepting a new job, or choosing a partner. In all […]

How to Create Wealth

Lesson 1: How to create wealth   If you want to increase your wealth to improve your quality of life, the logical place to start is “How do you create wealth?” It turns out that creating wealth is quite simple; Spend less money than you bring in. Invest the excess you are not spending. Let […]

How to invest

“The ability to simplify means to eliminate the unnecessary so that the necessary may speak.” – Hans Hofmanm