“The headlines that may or may not be impacting your financial plan and portfolio.”
Week In Review Articles
Morgan Housel: Once In A Lifetime “What’s different now is the size of the global economy, which increases the sample size of potential crazy things that might happen. When eight billion people interact, the odds of a fraudster, a genius, a terrorist, an idiot, a savant, an asshole, and a visionary moving the needle in a significant way on any given day is nearly guaranteed. Social media then amplifies it, giving the impression that it’s more common than it really is.“
Packy McCormick: Optimism “I’m far more interested in answering the question, “What does the world look like if this goes right?” than in analyzing all of the reasons something might not work. It’s how I’m wired. “
Kyla Scanlon: Do We Need A Recession? ” It’s really easy to blame the Fed for everything going on, but like, you can’t blame the paintbrush company for a terrible painting (although, if they sell you a bad brush, it definitely contributes). But you’re the one ultimately creating the Thing – and you have responsibility over it.“
Dr. Joy Lere: Insight & Action–The Noise Inside Your Head ” If you’re serious about transformation, learn to replace criticism with compassion.“
Of Dollars And Data: Solve Life Backwards “Unfortunately, this is also what makes this method difficult to follow at times. Sometimes, things don’t go according to plan. You could iteratively solve backwards each step of your journey, yet still get thrown off course. And, once you are off course, there are no guarantees that you will be able to get back on.‘
A Wealth Of Common Sense: Bucketing Your Assets In Retirement “You just have to work with him on figuring out the right mix of short, intermediate and long-term assets. And once that asset allocation is created, it should be easier to stomach some volatility in the near-term for those assets that won’t be spent for many years.“
Shameless Plug: If you find yourself stuck or like you’re supposed to be doing something more but aren’t sure what that might be, head over to my new creative venture PRST. Right now, the focus for PRST is to create content to help you find your passion, which will be your guide for your Pursuit. You’ll be able to listen to The Daily PRST Monday-Thursday and The PRST on Fridays, read The Weekly PRST on Saturdays, and listen to the newest show Soulful Sundays exclusively on our WealthVoice Amazon Skill. PRST is more of a focus on YOU and less on the finances, which you can still get here on All About Your Benjamins.
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.