The experts get stuff wrong all the time. In the late 1800s, William James, the founder of Psychology, made a dramatic claim. “By age thirty, character has set like plaster and will never soften again.” Recently, this declaration was turned on its head. In an experiment, social scientists recruited 1.500 entrepreneurs in their 30s, 40s,…
November 2023
Everything’s Going To be Alright…..When Is My Retirement?
As long as you are willing to be a little uncomfortable, it’s never too late to learn. Start your education by reading this week’s terrific retirement links. Since 1926, all of the stock market’s gains were generated by 4% of the stocks. A Wealth of Common Sense Time is your most valuable resource. CNBC Don’t…
Happiness Is An Inside Job
Knowing how to keep score before you play a game is essential. Too many people focus on external factors when their spotlight should be within. It’s futile to declare victory if the goal line keeps changing. Letting others define your happiness is an unmistakable path to a stalemate or worse. Counting the things that are…
The Money Feels Good…..When Is My Retirement?
Prophets are reformers of the religions they grew up in. One of the best ways to reform your thinking about retirement planning is by reading this week’s terrific links. An 85-year-old study gives some clues on how to be happy in retirement. Humans vs Retirement Does your house make you miserable? Culture Study Good news…
Investing Is A Double-Edged Sword
We live in the richest of times. Why do so many feel so poor? Prosperity doesn’t feel so prosperous despite unprecedented advances in technology, science, medicine, and just about everything else. Unfortunately, paradox rules our modern world. The Dalai Lama observed our discontent and laid out his argument for the causes of rampant suffering despite…
I’m Never Alone But I’m Alone All The Time….When Is My Retirement?
There are many more questions than answers in your retirement plan. Understanding this is your first step towards starting the second part of your life. Read this week’s terrific links to begin your journey. Most people spend far too little in retirement. Morningstar Only 1 out of 7 retirees spend any of their principal. The…
Yes, And …..
America is filled with broken, antiquated systems indifferent to the modern world. Our education monopoly was designed to prepare children to toil on an assembly line. In many ways, things haven’t changed much. A nine-period day, few options for practical skills, and judging students by the lowest common denominator, a standardized test grade still rules…
How Soon Is Now?…..When Is My Retirement?
Markets go up over long periods, but your time on this planet is in a steady downward trend. What are you going to do? Reading this week’s terrific retirement links is a good starting point. The IRS is letting you save more for retirement in 2024. CNBC Retirement isn’t a destination but a journey. HumbleDollar…
Five Things To Toss Into Your Retirement Un-Bucket List
It’s what you don’t do that often ordains success or failure. In many instances, avoiding losing is more attainable than winning the game. Insert your investments and retirement plans into this strategy. Warren Buffet’s brilliant business partner, Charlie Munger, coined this phrase when asked how to acquire an edge regarding investing. “It is remarkable how…