Favorite Articles/Podcasts/Videos Ben Carlson – How Many Months’ Worth of Spending Do You Need in Your Emergency Fund? – “This is why rules of thumb in finance are basically impossible to apply to a wide swath of the population. Circumstances matter. How you approach the idea of a financial emergency in the first place matters. Your other financial backstops matter.…
“A Goal without a Plan is Just a Wish.” – Antoine de Saint-Exupéry I have heard this saying over and over the past few years but never really knew where it came from until this week. This phrase was first seen in a book called Le Petit Prince, written by Antoine in the 1940s. In this book, he shares many…
As you approach your 30’s and 40’s, life starts to change pretty quickly. You go from just caring about yourself to now wanting the absolute best for your family and children. One of the most common goals I hear from parents is that they simply want to give their children a better life than the one they have had. Besides…
Apple Podcast Google Podcast Spotify Podcast We are back with another episode of The Long Game Podcast and this time I am joined by Erica Ballard. In this episode with Erica we talk about: Moving from a job she was unhappy at to starting her own health coaching business Focusing on the combination of health, stress, movement, ect to live…
Favorite Articles/Podcasts/Videos Morgan Housel – Too Much, Too Soon, Too Fast – “A good summary of investing history is that stocks pay a fortune in the long run but seek punitive damages when you try to be paid sooner. Virtually all investing mistakes are rooted in people looking at long-term market returns and saying, “That’s nice, but can I have…
Should you use credit cards or not? Credit cards are one of the financial topics that people cannot seem to agree on. On one side there’s people who cannot stop raving about all the credit card points and free hotel stays they get — and on the other hand you have the Dave Ramsey’s of the world saying that credit…
Volatility is a term that gets thrown around a lot and most times is associated with down swings in the market, but it can also describe positive increases in the market as well. However, these increases get talked about less because a bad day in the market makes you feel way worse than a good day in the market makes…
Favorite Articles/Podcasts/Videos Morgan Housel – The Fed Is Not Printing As Much Money As You Think “But before you dump life savings into gold and build a bunker, here’s the punchline: The huge majority of the increase you’re seeing in this chart is not money printing or new money creation. It’s an accounting rule change. Here’s what happened. The supply of…
Let’s go back in time ten to twenty years ago when you were in grade school. Do you remember being assigned those random school projects that somehow all seemed like they were the hardest project you’d ever had? Even though you said those very same words about the last project you did as well? Yeah, me too. For me, the…
Favorite Articles/Podcasts Nick Maggiulli: Being Honest About Your Investment Performance– “The only thing that matters is whether your portfolio is providing enough growth to meet your future financial needs. If you are unable to meet your financial needs with your current returns then, yes, underperformance feels terrible. However, your absolute performance is what you should care about. As I have written previously:”…