Week In Review Articles:
Morgan Housel: Realistic Personal Finance Hacks “These aren’t fun hacks, but no one said this was easy.”
A Wealth Of Common Sense: All The Jobs I Didn’t Get “I don’t believe everything happens for a reason but most things do.”
Tony Isola: Money CAN Buy Happiness “Close relationships are one of the most important elements of a happy life. Money spent traveling to see friends or relatives are sound investments in happiness. Throw a party, meet your besties at a restaurant, or go to the ball game with your brother. Don’t skimp on social spending.”
Douglas Boneparth: Men Have No Friends “Something deeply personal had been bothering me from earlier in the day and I hadn’t yet found the time to share it with my wife. So, while nursing my Yuengling, I brought up the issue with a few of the guys in the group. Instead of making jokes at my expense, I was heard. Instead of diminishing my feelings, I was given sympathy and another round of beer. It was a watershed moment.”
Jason Zweig: Mr. Market Just Got Inside Your Head. Don’t Let Him Mess With You “Big price moves are much more common now, with the Dow around 26000, than they used to be. Since 1896, the Dow has fallen by at least 2% in a single day 1,011 times, according to Dow Jones Market Data. That’s once every 33 trading days on average. At today’s levels on the Dow, by historical standards alone, investors should expect stocks to fall by at least 520 points once every six weeks or so.”
Of Dollars And Data: Losing More Than A Bet “As the saying goes, “Money won is twice as sweet as money earned.” My grandfather went back for the same thing they all go back for: the thrill of effortless money. It’s the most addicting game in the world.”
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.