Every Friday I’ll be releasing my own compilation, a mixtape if you will, of blog posts from the week I think are worth your time.
If you’ve been following my weekly mixtapes, you know I had big expectations for today…a new Kendrick Lamar album. Well, the line in “Humble” fooled us; I went to bed Thursday night after midnight, but not before checking iTunes to see if the album had dropped. It was there, but not available yet, so I added it to my Apple Music library and went to bed excited to wake up and listen to it. 5:00 A.M. rolled around, and disappointment set it…release date is April 14th.
Anyway, to my mixtape…as the market continues to take a bit of a pause, I wanted to highlight some posts that address the psychology of investing, along with looking at some market history. Although we all know markets don’t always go up, it’s always a surprise when they go the opposite direction–even if for just a few days. Hopefully these posts will help get everyone back in the right mindset for long term investing.
In effort to continue to present the case of working with a fiduciary financial advisor, even if all advisors are not held to the standard, I’ve included an older post by Bob Seawright about financial products being sold, not bought. As an investor, you should not feel pressured to purchase an investment you are not comfortable with, don’t understand, or overall just does not feel “right”. Go with your gut.
Morgan Housel is quickly becoming one of my favorite writers, and the link to his post on the Collaborative Fund website will direct you to the access page for a PDF he put together looking at how the world has reacted to life changing innovations, like the car and airplane. Morgan was actually able to include newspaper and magazine clippings of what was written at the time of the innovations–pretty cool stuff! It’s a longer read than what I normally share, but well worth it!
Finally, it was spring break this week, which meant balancing work with hanging out with the family. Sacrifices had to be made, and the sacrifice was writing a new post this week. So, I’ve recycled an older post I wrote to my peers. If you missed it the first time, make sure to read it now!
Hope you enjoy!
Disclaimer: Nothing on this blog should be considered advice, or recommendations. If you have questions pertaining your individual situation you should consult your financial advisor. For all of the disclaimers, please see my disclaimers page.