Featured Articles: Good Writing From Around The Web How To Make New Friends as An Adult—And Keep Them Just a quick thank you to some old friends, Gary, Chris, Jay, and John… and a new one, Sven. I would be a disaster without you. The Mental Health Consequences of Staring at Yourself on Zoom All

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Mindful Investing: Better Investing Outcomes; Less Suffering This is the working title of my 2nd book. The idea is a simple one. There are lots of people who promise better investment outcomes. If you have paid attention for the last 3 months on this blog, you know what I think of those promises. I wanted

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Featured Articles: Good Writing From Around The Web Why American Teens Are So Sad I worry a lot (too much?) about my kids’ state of mind… for ALL of these reasons. Employee Performance Vs. Trust What matters most to employers – Trust or Performance – often depends on the size of the business. Asset Allocation

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Last week we introduced two different definitions of risk. Loss of principal Uncertainty about lifetime consumption This week I want to place those definitions into the context of a lifetime financial plan to help with the understanding that, while investment bankers and analysts define the risk of a particular investment in terms of the loss

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The standard – Oxford English Dictionary – definition of risk is: Noun: A situation involving exposure to danger.       Verb: To expose (someone or something valued) to danger, harm, or loss. It is easy to see how both the Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange Commission (SEC) transferred this

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Featured Articles: Good Writing From Around The Web The Pyramid of Leisure For context, I’ve been asking anyone that would answer what they “do” in retirement or with their excess time and no one seems to be very happy with how they spend their leisure. If you wonder the same thing, this might help. This

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We have spent the last three weeks highlighting the three measurable and controllable percentages that are absolutely critical to your long-term financial plan, especially your retirement-income success. They are (with links): Savings Rate: The percentage of your income you save Equity Allocation: The percentage of your portfolio you place in equities Withdrawal Rate: The percentage

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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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