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Weekend Reading | Saturday, October 28, 2023

Featured Articles: Good Writing From Around The Web

A Penny Doubled Daily for 30 Days Or $1 Million – Which Would You Prefer?

A penny a day for me please… and the strength to avoid short-term envy.

Column: The Economy Has Been Strong. Why Are Economists So Eager To Predict It Will Tank? 

After a long history of being wrong, why do we continue to believe either they have special knowledge or that it is predictable at all?

Interest Expense: A Bigger Impact on Deficits than Debt (Krupa/Phillips)

The biggest problem we have with this severely divided congress. Resolution will require more than an election… someone will have to break with party.

Social Internet Is Dead. Get Over It.

 

Given the incentive structures (profit motive mixed with brain chemistry) involved, social media was always going to devolve into manipulation. How about a coffee, a drink, or lunch?

In Praise of Slowness, in Life and Investing

 

Stop thinking in terms of Return On Investment (ROI) – which is out of your control anyway, and start thinking about Return on Stress (ROS) – which is manageable without sacrificing long-term ROI.

__________________

Whatever your age, if you seek financial independence, then there are three things you need:

1. Your independence number
2. A resilient “all-weather” portfolio – what we call a Mindful Portfolio
3. A responsive withdrawal process – what we call Mindful Management 

If you are not clear about any of these items, I hope you will join us for our Financial Independence Bootcamp where we will answer each of these questions together. 

Always reading, always learning, Jonathan hand-selects these articles for readers each week. To view Jonathan’s curated articles from previous weeks, CLICK HERE.

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