Favorite Articles/Podcasts/Videos Ben Carlson: Bulls on Parade -“Maybe this is one of the reasons losses sting twice as bad as gains feel good — downturns occur more often. Bull markets can last longer than you think. Bull markets make up for a lack of quantity with magnitude and length. While the downturns have lasted an average of 207 days peak-to-trough, the…
Favorite Articles/Podcasts/Videos Morgan Housel: Money Rules -“What money can and can’t do for you isn’t intuitive, so most people are surprised at how they feel when they suddenly have more or less than before.” Michael Batnick – You’re Richer Than You Think – “Here’s a little thought exercise. If a person makes $200,000 a year, do they have more in…
Favorite Articles/Podcasts/Videos Dr Margie Warrell: 10 Things To Remember When Going Through Tough Times – “Perhaps you’re not having the best week… or month… or year. I get it. Many feel the same. So if you’re doing it tough right now, here’s 10 truths to help you weather this ‘storm’ better, and emerge better off.” Hillary Hoffower: 60% of millennials…
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,…
Favorite Articles/Podcasts/Videos Ben Carlson – If You’re Still Worried, You Aren’t Wealthy – “Some people assume wealth is the amount of money you have in the bank or your investment portfolio. Others judge wealth based on the number of material possessions you’re able to buy. Then there are those people who figure only those with a high enough income can…
Favorite Articles/Podcasts/Videos Onramp Invest – Methods Of Cryptoasset Valuation – “In general, it’s a well-known fact of markets that assets with higher returns also tend to be more volatile. This, for example, underpins the idea of market beta in the somewhat out-of-date Capital Asset Pricing Model. Cryptoassets are no exception. Although for the past ten years its returns have been…
Favorite Articles/Podcasts/Videos Brian Plain – How Guessing and Adjusting Can Help You Find Peace of Mind – “If a man knows not to which port he sails, no wind is favorable.” – Seneca When’s the last time you packed your bags, headed to the airport with the whole family, and only THEN decided where you’re going? Probably never. And yet,…
Favorite Articles/Podcasts/Videos Ben Carlson – How to Lose Money When the Stock Market is at All-Time Highs – “If you own a handful of individual stocks that are getting killed at the moment, understand this is how it works.Investing in individual stocks is hard. Large drawdowns are more frequent. Bigger gains are possible but so are bigger losses. There are…
Favorite Articles/Podcasts/Videos Jonathan Clements – Hanging Tough – “Third, I have plenty of cash to cover my costs in the years ahead. I’m still making enough to cover my living expenses, thanks mostly to my work for Creative Planning. But even if that went away, I have enough in short-term bond funds and cash investments to cover my living expenses for the next five…
Favorite Articles/Podcasts/Videos ANNA N’JIE-KONTE – What’s the point of a financial advisor anyway? – “From what I’ve seen, a lot of people seem to think that an advisor is going to wave a wand and be life-changing for them. I believe a good advisory relationship has the possibility to be life-changing. For example, if you’re stressed about your finances around…