Every Friday I’ll be releasing my own compilation, a mixtape if you will, of blog posts from the week I think are worth your time.
Another great week of writing (I know I say this too often) leads us into a fun weekend for the Castellis–it’s the weekend of the Fishers Freedom Festival, which means a 5k (I won’t be participating in it), tons of activities for the boys, a parade that runs right by my wife’s store, concerts, and fireworks Sunday evening–it’s going to be a blast. If you’re local keep an eye out for us, and make sure to say hello!
Behavior Gap: A Magic Certainty Button Doesn’t Exist “I’ve travelled all over the world talking about personal finance, and if had to use one word to describe people’s feelings about money it would be anxious”. -Carl Richards
Money will always make people feel anxious, but by focusing on the things we can control can help reduce the anxiety about our personal finances.
A Wealth of Common Sense: Patience Exemplified Often times the best course of action is to do nothing at all, and to do nothing requires patience. Ben take us on a trip down memory lane looking at the battle between value and growth and explains how sticking with a discipline like value requires investors to be patient in times of underperformance relative to growth.
The Reformed Broker: The Millennials May Get Their Mania After All I finally saw this commercial last night, and I agree with JB that it’s good to see my peers beginning to invest, I just hope we have learned from the past. Sadly, I think history will always repeat.
FreeUp: Experiences Make You Happy, Not Things I’ve touched on this before on my blog, along with other mixtapes, but I don’t think we can remind ourselves to place more value on experiences and people, and less on things.
Collaborative Fund: The Reasonable Formation of Unreasonable Things I’ve heard “bubble” mentioned more and more recently, and while I don’t think we’re in a state of bubble, I understand why people are looking for one. The team over at the Collaborative Fund do a great job looking at looking at bubbles from a different perspective. It’s a longer read, but it’s definitely worth the time.
A Wealth of Common Sense: Money Manager Cliches I always enjoy interpretations of what is really meant when investment professionals use certain terms, or phrases. Ben does a great job in this one; if you enjoy this, you should check out Jason Zweig’s The Devil’s Financial Dictionary.
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.