Weekly Mixtape For January 16th, 2022

Week In Review Articles

The WSJ: U.S. Inflation Hit 7% in December, Fastest Pace Since 1982

The WSJ: Fed’s Powell Says Economy No Longer Needs Aggressive Stimulus

The WSJ: Bond Selloff Rattles Markets

The WSJ: U.S. Retail Spending, Manufacturing Drop as Omicron and Inflation Surge

The WSJ: Supreme Court Blocks Biden Vaccine Rules for Large Employers

Weekly Mixtape

Morgan Housel: I Have A Few Questions “What do I ignore because it’s too painful to accept?”

Of Dollars And Data: Just 5 Years Can Change Your Life “Half a decade ago I was lost. I had a good job and some decent skills, but I hadn’t found my “thing” yet. And more often than not I found myself asking, “What am I going to do with my life?””

Ramit Sethi: Avoid These 8 Rich Life Traps “The world wants you to be vanilla. It has a funny way of trying to make you conform, though. Nobody will come right out and say it.”

BPS and Pieces: I Bought My First NFT “Color me skeptical around some of the recent speculation in this space, but if history is a guide the seeds of innovation are often planted in every mania. It is still very early innings and the ecosystem surrounding NFTs will evolve significantly in the coming years. It will be interesting to witness what the next decade holds for NFTs and the problems they are trying to solve.”

A Wealth Of Common Sense: The Three Biggest Risks To The Market Right Now “I would be more surprised if we don’t have a 10-20% correction in the next 18 months or so than if we do.”

Pragmatic Capitalism: Hope Is A Great Strategy “t took me a long time to embrace that, but I always tried my best to encounter the next few years with a hopeful and pragmatic optimism. I was going to be a happy, hopeful, good person regardless of the bad outcomes.”

Darius Foroux: Are You Saving Too Much Money? “I’ve seen this first-hand with some of my family members who are now in their fifties. They saved so much in their 30s and 40s that they didn’t do a lot of things they wanted. Now, they realize they’re getting older and that they might’ve been too extreme with their saving strategy.”

The Los Angeles Times: Ben Affleck Is Done Worrying About What Other People Think “You think I’m a sellout or a chump? I don’t care. I’ve got to live with myself, my life and my choices and how that makes me feel. And I’m just glad I figured that out.”

Daius Foroux: If You’re Not Skipping Some Tasks, You’re Making Life Harder “If you want to accomplish anything in life, whether it’s acing a test, writing a book, or starting a business, momentum is everything.”

A Wealth Of Common Sense: Enjoying Life Now vs. Enjoying Life In The Future “I do think it’s important to enjoy your life when you’re young. I’m not a personal finance person who is going to tell you to make your own shampoo in your backyard and eat Ramen noodles every night so you can save every penny.”



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