No Video This Week.
Week In Review Articles
Morgan Housel: History Is Only Interesting Because Nothing Is Inevitable “When you look back at what people said in the late 1920s – their confidence, their clarity, their logic – you can’t help but wonder what we are confident in today that will look foolish in the future.”
A Wealth Of Common Sense: The Biggest Wealth Levers “Everyone’s situation is different which is another reason it makes such little sense to compare your station in life with someone else’s. We’re all forced to deal with trade-offs. Few people can thread the needle to find the perfect situation both personally, professionally and financially.”
The Irrelevant Investor: When You Were Born > Everything Else “It’s unsettling to acknowledge that the experience we have in the market hinges on something that’s entirely out of our control, but hey, like De Niro told Pacino in The Irishman, “it’s what it is.” Plan accordingly.”
The New York Times: The Young Person’s Guide To Investing “Investing doesn’t have to be that complicated.”
The Wall Street Journal: The Mental Mistakes That Active Investors Make “Active investors often commit another framing error: comparing their returns relative to zero, rather than relative to the market return they would get with an index fund.”
The Retirement Field Guide: The Challenges Facing Retirees Today “The modern retiree needs to balance each of these issues and risks with the need to grow their assets (to ward off inflation) while protecting their income.”
Of Dollars And Data: How Will Coronavirus Affect Your Portfolio? “We can speculate on this in every way we want, but no one knows what will happen. If history is any guide, coronavirus is likely to cause a small, but temporary, pullback as it continues to spread.”
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 disclaimers page.