A Wealth of Common Sense. Investor, author, and host of Animal Spirits podcast, focuses on simplifying finance for everyone; has backed over 200 companies.
We also covered questions about how much to save for retirement in your 30s, the reasons you should or shouldn’t own bonds, how military veterans should save their money and how to make up for lost time if you got a late start on saving for retirement.
Further Reading:
Millionaires & Delusions
1And I’m guessing they save even more than that in retirement accounts. Also a good rule of thumb for middle clas...
There’s a lot going on in the world right now.
War, spiking oil prices, higher energy costs, rising inflation expectations, a potential pause in Fed rate cuts, the AI buildout, a slowing labor market, the software apocalypse and more.
And the collective response from the stock market has been a relatively shallow correction thus far.
The S&P 500 was down just 6.8% from the highs at the lowest point this year:
I...
I’m convinced that more economic data is just making us all angrier.
You can now slice and dice the economic number pie in so many different ways that you are bound to make one group of people mad at all times.
Ah well. So goes progress sometimes.
There are two viral charts that have been floating around for the past year or so that have this effect.
The first is from the National Association of Realtors, which show...
Just ignore the noise!
Many a financial advisor has uttered those words over the years. They hand you phrases like this when you get your CFP. It’s advice that sounds good.
But there is a difference between good advice and effective advice. There’s plenty of good advice anywhere you look these days but lots of people simply ignore it because it’s not easy to follow.
Good advice is preaching to your clie...