Weekend Review June 13, 2021

Save for security 💰

Invest for independence 📈

— Treyton DeVore. (@treytonwrites) June 10, 2021

Cash flow 101👇

If it’s there, you’ll spend it.

Prioritize first, then spend.

— Travis Gatzemeier, CFP® (@T_Gatzemeier) June 7, 2021

Thread.

Blackrock is buying every single family house they can find, paying 20-50% above asking price and outbidding normal home buyers. Why are corporations, pension funds and property investment groups buying…https://t.co/uTagTOQQgI

— CulturalHusbandry (@APhilosophae) June 9, 2021

Favorite Articles/Podcasts/Videos

• Morgan Housel: Getting The Goalpost To Stop Moving – “ If expectations grow faster than income you’ll never be happy with your money.“

• Josh Brown: Your father’s stock market is never coming back – “How do you explain stock market risk to someone whose only formative experience with it took the form of a 16-day bear market last March, about the length of time of an NBA Finals series? How do you convince newly minted investors that diversification makes sense when the first stock they ever bought, Tesla, rose 800% while everything else moved in slow motion? How can you expect them to respect their elders when their elders seem to be giving them horrible advice? “Don’t trade too often, don’t use margin, Bitcoin is fake, Tesla is overvalued, cannabis is a bubble, SPACs are a scam …” You are Charlie Brown’s teacher now—your admonitions have become background noise”

This Week by RLS

• “How Much Should I Have In My Emergency Fund & Should I Invest it?”
• The Long Game Top 10 Episodes By Download

RLS Weekend Review

Each week my colleague, Justin Castelli, breaks down the headlines that may be impacting your financial plan. Will be back next week.

Workout of the Week

Exercise	Reps
Pull-Ups	5 sets
Bench Press	6 sets
Leg Press Or Squat	6 sets
Arnold Press	5 sets
Bicep Curls	6 sets
Tricep Pushdowns	6 sets
Superset Hammer Curls & Close Grip Pushups	5 sets