The great companies of the US and the World are on sale. That sale may (or may not) get better. If it does get better, it won’t get that much better. There will be some point in the not-too-distant future where we look back at today – the September retest of the June low – and say, “I wish I would have invested then.”
You’ve heard me say it over and over… and over and over… and over and over again. Creating a retirement income that rises to match your rising cost of living and lasts the rest of your life, while at the same time creating a legacy that potentially lasts across generations, is possible – even for those who begin with very modest incomes. It requires three things: savings, equity ownership, and time.
Five Lessons from History | How to Avoid the Envy Trap | Counting Another Person’s Money | The Effect of College and University Endowments on Financial Aid, Admissions, and Student Composition | We Don’t Have a Hundred Biases, We Have the Wrong Model | Key US Growth Measures Diverge, Complicating Recession Debate
Confidence and Validity | “A Good Study” | Camp Kotok: Breaking Reality Tunnels | Achieve Your Goals with Less Grinding | Human Capital: Exploring the Intersection of Psychology and Finance
Neuroscientist: How Caffeine Works and What It Does to Your Body (Video) | Closing Down the Billionaire Factory | Newfound Brain Switch Labels Experiences as Good or Bad | The Uphill Battle Women Still Face in High Finance | Three Things That Stop Us Talking About Money Worries
Cognitive Biases and Brain Biology Help Explain Why Facts Don’t Change Minds | The Secret to Being Lucky | Explore Debates | The Hitchhiker’s Guide to Investment Research, Part 5: The Two Razors | Live, Laugh, Life Is Hard! The Ceiling Word Art of Michel de Montaigne
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How the Brain ‘Constructs’ the Outside World | How to Be a Little Less Judgmental | Is the World Really Falling Apart, or Does It Just Feel That Way? | History.io: 14 Billion Years | Five Key Findings from the 2022 UN Population Prospects
How a Massive Refinery Shortage is Contributing to High Gas Prices | The First Global Credit Crisis | 24 Charts That Show We’re (Mostly) Living Better Than Our Parents | Habits That Help You to Get More Done in Less Time | Charles Schwab Modern Wealth Survey 2022
Optimism When All Else Fails | Beach Currents Don’t Have to Be This Deadly | The Best Parenting Advice I’ve Ever Gotten | Hiring and Neurodiversity | Keep It Going | Is Passive Investing A Blatant Lie?
One-Third of Americans Making $250,000 Live Paycheck-to-Paycheck: Survey | Oliver Burkeman's Last Column: The Eight Secrets to a (Fairly) Fulfilled Life | The Greatest Privilege We Never Talk About: Beauty | The Best Places to Hike in the US | It’s Time to Throw Out Stereotypes on Aging
Seven Varieties of Stupidity | ‘Everything Is Terrible, but I’m Fine’ | I’m Right, and You’re an Evil Monster | Vanguard Active or Vanguard Passive: Which is Best? | Concealing Volatility
Generating Alpha Sows the Seeds of Its Own Destruction | Going to the Gym in the Dark | How to Be Healthy in a Dopamine-Seeking Culture | The 51 Most Beautiful Places in the World | The Financial Risks of the Stories We Love
Aristotle Goes to Hollywood | Earnings Math Catches Up With the Tech Highfliers | The Medical Power of Hypnosis | Howard Marks Memo: Bull Market Rhymes | How Your Siblings Can Make You Happier | Ooana Trien ~ Eric Arthur Blair’s Mistress
If you have recently begun investing –OR– if you have recently changed your investing philosophy and a bear market arrives, it is very easy to become scared out of your process. Because…
Michael Sherlock of the Shock Your Potential Podcast interviews Jonathan DeYoe, author of Mindful Money
What’s the Secret to Happiness? | Mindfulness Hurts. That’s Why It Works. | This 715-Song Playlist is Scientifically Verified to Give You the Chills, Thanks to “Frisson” | How To Optimize The Energy We Put Into Financial Planning | More Evidence that Alpha Generation is Shrinking
OPINION: It May Be Time to Rethink the Emphasis on Taking Calculus in High School | I Got Lost Hiking in the California Sierra. Here's How I Got Out. | The Power of Regret | Capitalists in the Twenty-First Century | Explore Sudan's Pyramids of Meroe
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.”
Nobody Knows Anything, Kentucky Derby Edition | No, America Is Not Collapsing | How Good Are You at Detecting Bullshit? Take Our Test | The Key to a Good Parent-Child Relationship? Low Expectations. | How to Know When to Stop