Weekly Mixtape For October 6th, 2018

Week In Review Articles:

The WSJ: U.S. Unemployment Rate Falls to Lowest Level Since 1969

The WSJ: Low-Income Workers See Long-Awaited Wage Gains

The WSJ: U.S. and Canada Reach Nafta Deal

The WSJ: Kavanaugh in Line for High Court Confirmation

The WSJ: U.S. Stocks Widen Lead Over Rest of the World

The WSJ: Bond Yields Reach New Highs On Growth Outlook


A Wealth Of Commons Sense: You Never Know “One of the simplest rules in life is often times one of the hardest to implement: be nice to other people. You never know what they’re going through.”

Retirement Field Guide: Emotions & Retirement Planning “If you find yourself constantly worried about your portfolio, then it’s likely that establishing a strategy that clearly accounts for the inevitable market volatility could do you a lot of good.”

Morgan Housel: Risk Management “Actual risk management is understanding that even if you do everything you can to avoid regrets, you are at best dealing with odds, and all reasonable odds are less than 100. So there is a measurable chance you’ll be disappointed, no matter how hard you’ll try or how smart you are. The biggest risk – the biggest regret – happens when you ignore that reality.”

The Reformed Broker: Do You Know The Difference? “The financial advisor is a stakeholder in the client’s outcome, a professional with something to lose should the plan fall apart or fail to be adhered to. Financial advisors are for people with complex situations who want a relationship with someone that knows them, understands them and will fight like hell to see their goals and objectives met in the future.”

Per Diem: Here Is The Point “In the case of sound personal finance practices, you learn to give, you learn to save, you learn to spend your money on things that matter, you learn to restrict yourself, and you learn that you actually don’t need a lot to be happy.”

Of Dollars And Data: Exception To The Rule “The existence of exceptions do not invalidate a good investment rule.”

BPS and Pieces: The Curious Case For Emerging Market“What’s happening, this year is not the first Emerging Markets crisis, and it will certainly not be the last”

The Big Picture: The Robust, No Good, Excellent, Terrible Recovery “The U.S. economic expansion is both robust and weak, broad and narrow, higher and lower than before the financial crisis.”

All About Your Benjamins: Financial Planning For Today

All About Your Benjamins: Talkin’ Shop With Isaiah Douglass, CFP®

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 disclaimer page.