Week In Review Articles
be your own biggest fan. stop looking for external validation and trust yourself. keep putting in the hours. keep learning. keep growing. keep going.
your time will come.
— let my people glo ✨ (@MichellCClark) November 28, 2021
Morgan Housel: How This All Happened “But a central theme of this story is that expectations move slower than reality on the ground. That was true when people clung to 1950s expectations as the economy changed over the next 35 years. And even if a middle-class boom began today, expectations that the odds are stacked against everyone but those at the top may stick around.”
The Reformed Broker: The Age Of Funcertainty! “I am calling this era the Age of Funcertainty. It’s a portmanteau combining the two most ubiquitous elements of today’s market environment – fun and uncertainty; the exhilaration of near-death and the instant riches in its wake. One surprise after another. Anything can happen in Funcertain Times! It’s quite a concoction.”
Bob Seawright: The Better Letter—Eight Simple Rules “5. Bend the rules (but don’t break them). Respect the rules, but don’t be afraid to stretch things a bit for the benefit of the grands.”
Dr. Joy Lere: Hard-Won Thanks “Looking back on my life, the things that have had the most significant impact on who I have become were not the most fun or easy — especially as I walked through them. When I consider who I am and where I desire to go, I know I want to grow. I won’t get there without struggle and being stretched. We can welcome challenge without having to like every part of it.”
Ryan Holiday: One Day Of Thanks Is Not Enough “But over the last few years, I have come to practice a different form of gratitude. It’s one that is a little harder to do, that goes beyond the cliche and perfunctory acknowledgment of the good things in our lives, but as a result creates a deeper and more profound benefit.”
The Irrelevant Investor: So You Wanna Be A Stock Picker “Picking stocks is hard, time-consuming, and emotionally exhausting. Even if you are able to outperform, it’s probably not worth the time necessary to achieve said outperformance. Tens and hundreds of hours to maybe beat the benchmark by a few percent doesn’t seem like a great trade. Unless it’s your passion, in which case you probably already stopped reading.”
Of Dollars And Data: This Will Not Last ” Personally, I am not changing anything for my retirement accounts. I will still rebalance annually and keep buying the same percentage of U.S. stocks, international stocks, REITs, and U.S. bonds every month. However, when it comes to my taxable brokerage account, no new dollars are going to U.S. stocks.”
A Wealth Of Common Sense: Two Things That Are Both True “It’s understandable why inflation fears seem to cancel out all the other good news. Most of us have never experienced inflation like this before and people are worried prices are rising faster than wages.’
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.