This is a really important distinction to know about. Whether you notice the storytelling or not… it is happening all the time. The more you notice it, the less you suffer. An Acute Personal Example For those of you who are relatively new to this blog or newsletter, my brother died last year – the

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With markets down into almost-bear-market-territory, nerves are fraying and questions are being asked. It is perhaps time for another reminder that, “This too shall pass.” The following is the market data surrounding all the bear markets (or near bear markets) in the S&P 500 since its inception on March 4th, 1957. In the 26 years

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Featured Articles: Good Writing From Around The Web Nobody Knows Anything, Kentucky Derby Edition The best thing I read this week: On Overconfidence. No, America Is Not Collapsing The fall of America is not on the horizon. Our demise is being over-stated. How Good Are You at Detecting Bullshit? Take Our Test Because we are

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A “Bear Market” is usually defined as the condition in which the price of a market falls – on a closing basis – 20% (or more) from recent highs amid widespread negative investor sentiment. That’s the definition. Can you tell me: Are we in a Bear Market? It depends. Your answer to the question, “Are

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Featured Articles: Good Writing From Around The Web The Flood of ’72: Fifty Years Later Podcast Trauma begets recollections of trauma. When I was 7 months old, a flood destroyed much of my hometown, Rapid City, SD, killing 238 people. My dad, working for the local power company, discovered many bodies. The stories started coming

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The last couple weeks we’ve been highlighting the only three percentages that matter. These are the three measurable and controllable percentages that are absolutely critical to your long-term financial plan, especially your retirement-income success: Savings Rate: The percentage of your income you save Equity Allocation: The percentage of your portfolio you place in equities Withdrawal

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Featured Articles: Good Writing From Around The Web Mapped: Global Happiness Levels in 2022 Global happiness in pictures. 2022 World Happiness Report The full World Happiness Report for 2022. Putin and Xi Exposed the Great Illusion of Capitalism Globalization, with all of its warts, is a good thing. When we think of future leaders, the

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From last week’s Mindful Money Weekly, you remember that there are three measurable and controllable percentages that are absolutely critical to your long-term investment success. These are the three financial levers each of us can pull to alter our long-term financial outcomes for better or worse: Savings Rate: The percentage of your income you save.

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Featured Articles: Good Writing From Around The Web We Desperately Need to Disrupt Our Approach to Retirement Saving We aren’t saving enough for the old version of retirement. The only way these new ideas work is if individuals expand their “earning” years and we save substantially more than we are saving currently. A Once Radical

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