Mixtapes

Weekly Mixtape For March 15th, 2020

Week In Review Articles None A couple weeks ago, it was “just a correction.” Now it’s “worse than 2008.” Nobody knows, so just exercise prudence. Those who were harmed worst in ’08 were those who abandoned their plans in panic. A great deal of a recovery comes in its initial stages. Nobody can time it well. — Lawrence Hamtil (@lhamtil)…

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Financial Planning

A Coronavirus Mixtape

Wednesday night was a weird night. For me, it was reminiscent of the night Lehman Brothers went under. I remember being at Sakura in Indianapolis celebrating our second wedding anniversary; during dinner, my phone began blowing up with alerts about the chaos that was occurring on Wall Street. That night I called all of my clients to let them know…

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Financial Planning

The Answers You Don’t Like To Hear

Sometimes the answers you NEED to hear are not the answers you WANT to hear. I can promise you when your financial advisor uses any of these to explain what she thinks is best for you and your family, she is not dismissing your question and concern that led to the answer. In fact, it’s the opposite. She’s trying to…

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Mixtapes

Weekly Mixtape For March 8th, 2020

Week In Review Articles The WSJ: Bonds Rally as Stocks Close Lower The WSJ: U.S. Employers Added 273,000 Jobs in February; Jobless Rate Ticked Down to 3.5% The WSJ: Mortgage Rates Hit Record Low, but Coronavirus May Deter Buyers The WSJ: Oil Prices Plunge After Russia-Saudi Split Weekly Mixtape Morgan Housel: Death, Taxes, and Three Other Inevitable Things “Booms and busts will never go away…

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Mixtapes

Weekly Mixtape For March 1, 2020

Week In Review Articles The WSJ: Stocks Suffer Biggest Weekly Losses Since 2008 The WSJ: Federal Reserve Will ‘Act as Appropriate to Support Economy The WSJ: Amazon Opens Cashierless Supermarket in Latest Push to Sell Food Shoutout to my pal Michael Batnick For This Great Chart!!! Weekly Mixtape Pragmatic Capitalism: A Crisis is the Worst Time to Learn Your Risk Tolerance “The only other thing…

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Mixtapes

Weekly Mixtape For February 23rd, 2020

Week In Review Articles The WSJ: Stocks, Bond Yields Drop on Worries About Coronavirus The WSJ: Apple to Fall Short of Projected Revenue Due to Coronavirus The WSJ: Fed Minutes Show Comfort With Economy, Rate Stance Last Month The WSJ: Bernie Sanders Looks Ahead After Nevada Caucuses Win The WSJ: Warren Buffett’s Berkshire Hathaway Stock Underperforms the Most Since 2009 The WSJ: Losing $450,000 in Three…

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Investing

Berkshire’s Annual Letter: A Lesson In Setting Expectations

I’d be lying if I said I’ve grown up in the profession dissecting Warren Buffett’s annual letters to Berkshire shareholders. It wasn’t until I started writing this blog that I began reading his letters; I didn’t read to find investment tips. Instead, I began to read his letters to learn how to become a better communicator. Not only is Warren…

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Mixtapes

Weekly Mixtape For February 16th, 2020

No Video This Week. Week In Review Articles The WSJ: U.S. Consumer Spending Picks Up, While Manufacturing Declines The WSJ: Credit-Card Debt in U.S. Rises to Record $930 Billion Weekly Mixtape Morgan Housel: History Is Only Interesting Because Nothing Is Inevitable “When you look back at what people said in the late 1920s – their confidence, their clarity, their logic – you can’t…

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Mixtapes

Weekly Mixtape For February 9th, 2020

Week In Review Articles The WSJ: U.S. Stocks Fall, But Post Big Weekly Gains The WSJ: U.S. Economy Added 225,000 Jobs in January The WSJ: China to Cut Tariffs on $75 Billion of U.S. Goods The WSJ: Trump Touts Economy, Ignores Impeachment in State of the Union Speech The WSJ: Brexit Is Done: The U.K. Has Left the European Union Love it. “Inside each and…

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Bigger Picture

Life Lessons From The Pursuit Of Happyness

This year we started a new New Year’s Day tradition…watching The Pursuit Of Happyness. I don’t remember how the idea came to me—I can’t remember if I saw it flipping through YouTube TV or if it just popped in my head, but I found it on Netflix and put it on as I made breakfast for everyone. To my surprise,…

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