Weekly Mixtape For December 8th, 2018

Week In Review Articles:

The WSJ: Dignitaries Gather in Washington for George H.W. Bush’s State Funeral

The WSJ: Hiring Slows as Wages Grow, Unemployment Holds at Multidecade Low

The WSJ: Fed Weighs Wait-and-See Approach on Future Rate Increases

The WSJ: OPEC, Russia Strike Deal to Cut Oil Production

The WSJ: Congress Passes Temporary Spending Bill

The WSJ: Dow Tumbles Nearly 800 Points as Trade Jitters Return


A Wealth Of Common Sense: What’s Not Going To Change In Financial Services “But the important building blocks of a successful financial services company will be the constant because I don’t think it’s going to be possible to effectively automate good people skills.”

A Wealth Of Common Sense: Your Household CFO “Communication is one of the more underrated tools involved in any successful financial plan.”

The Reformed Broker: Plain & Simple “The choppy stock market features slightly above average volatility but not extraordinary levels of volatility. Below, you can see five years of daily price action with the rolling 20-day standard deviation in the pane below. Elevated relative to last year but not crazy. Yet.”

Per Diem: No Secrets To Success “The principle is true in football and investing. While everyone celebrates the results remember what was endured to make those results happen.”

Morgan Housel: Drip, Drip, Drip “It’s unthinkable to ask tens of millions of Americans to write a check to the Treasury every year for a fifth of their income. But once you made even higher taxes out of sight, out of mind, it’s no sweat.”

Of Dollars And Data: When Things Stop Working “Fear, greed, and every other emotion in between will plague markets now and centuries hence.  Evolution is far too slow to rid us of these tendencies, many of which were beneficial in a pre-historic environment.  So go forth and be aware of your nature, and that of others, as you invest and face the realities of life.”

Myles Udland via Yahoo Finance: Why Warren Buffett Is Not Afraid Of The Stock Market “And the longer you wait, the more you make, and the less Warren Buffett thinks investors have to fear.”

Inc.com: 4 Small Habits That Can Instantly Make You More Energetic and Productive “Instead of attempting to conquer the world by doing everything, identify the three big rocks of the day that will move you forward the most and prioritize those. You only have a finite amount of energy each day, so use it wisely.”

All About Your Benjamins: Talkin’ Shop With Billy Cardwell, CFP® 

All About Your Benjamins: All About Your Benjamins The Podcast Surpasses 25,000 Downloads

Disclaimer: Nothing on this blog should be considered advice, or recommendations. If you have questions pertaining to your individual situation you should consult your financial advisor. For all of the disclaimers, please see my disclaimer page.