Weekend Review September 7, 2020

Tweets of The Week

To you want to be happy or accumulate stuff?

— Carl Richards (@behaviorgap) August 31, 2020

Wealth is a formula:

1. Get income
2. Spend less than you make
3. Invest the difference
4. Repeat

— Morgen Rochard, CFA, CFP® (@MorgenRochard) September 3, 2020

If it costs you peace of mind it might be too expensive

— Dasarte Yarnway (@DasarteYarnway) September 4, 2020

Favorite Articles

• Morgan Housel: Save Like A Pessimist, Invest Like An Optimist– “If the odds are in your favor and you can keep them in your favor for a long time, you shouldn’t just be an optimist. You should be a ridiculous, full-blown, giddy optimistic. Which is also what history tells us, isn’t it? All good investing comes down to surviving an inevitable chain of short-term setbacks and disappointments in order to enjoy long-term progress and compounding. Save like a pessimist, investing like an optimist.

• Ramp Capital: Retirement Is A State Of Mind– “If you love what you do, you’ll never work a day in your life. Retirement is a state of mind. Never retire your mind.“

RLS Weekend Review

Each week my colleague, Justin Castelli, breaks down the headlines that may be impacting your financial plan. Here is his last weeks weekend review.

Workout of the Week

Exercise	Reps
Superset -Seated Arnold Press & -Dumbbell Lateral Raise	6 x 15 each
-Smith Machine Should Press	4 x 15 each (drop set after last set)
Superset -Smith Machine Upright Rows & -Dumbbell Front Raises	4 x 15
Superset -Cable Face-pulls & -Single Arm Cable Lateral Raises	4 x 15