Weekly Mixtape For January 12th, 2019

Week In Review Articles:

The WSJ: Shutdown Set to Eclipse Longest in Modern History

The WSJ: White House Aides Explore Alternative Ways to Pay for Border Wall

CNBC.com: IRS Confirms Tax Season Will Start Jan. 28, Despite Government Shutdown

The WSJ: Stocks Slip but Close Week With Gains

The WSJ: Fed’s Powell Affirms Flexible Rate Outlook

The WSJ: Slack Plans to Follow Spotify on Unconventional IPO Route

The WSJ: Falling Mortgage Rates Raise Hopes for Battered Housing Market


The Irrelevant Investor: Buy Low, Buy High “We cannot control where the market goes and when, but if you set up a program that automatically invests whether the market is going up down or sideways, it systematically avoids the noise. This is the easy part. Hanging in there until the risk is rewarded, that’s what makes this tricky.”

The Reformed Broker: Stock Markets And The Rule Of Law “And the proof of that is to look at markets in which the rule of law is in doubt, corruption is rampant and the government is seen as either hapless or kleptocratic.”

Morgan Housel: Things I’m Pretty Sure About “Part of the reason pessimism is more seductive than optimism is because, despite an awareness of how powerfully things have changed in the past, it’s easy to underestimate our ability to change in the future.”

Barry Ritholtz via Bloomberg: Data Picks Investments, Stories Sell Them “Even socially responsible and ESG (environmental, social and governance) investing, which is heavily dependent upon narrative, is more easily and cheaply constructed these days via computer-driven modeling.”

Of Dollars And Data: The Price Of Greed “Because the price of greed isn’t about the money you lost…it’s about the life, you could have had.”

Rad Reads: Why Do So Many Successful People Fear Being Broke? “There’s a financial concept called negative convexity. In layman’s terms, it describes a security that tends to lose more than it can gain. So tails, I lose; heads I win, but not as much. You can see this at play with these flop house predictions. Yes, The losses are amplified, but we’re also too quick to dismiss the wins.”

Abnormal Returns: History Is The Study Of Unintended Consequences ” Since we don’t know what the future holds all we can do is try to minimize our exposure to the truly unexpected.”

The WSJ: At 30-Year Low, U.S. Birth Rate Shows Striking Differences Between States

All About Your Benjamins: Why A Financial Plan Is A Godsend When Adversity Strikes

All About Your Benjamins: Talkin’ Shop with Isaiah Douglass, CFP® and Rockie Zeigler, CFP®

All About Your Benjamins: Talkin’ Shop with Rockie Zeigler, CFP®

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.