Weekly Mixtape For September 18th, 2022

All About Your Benjamins™

“The headlines that may or may not be impacting your financial plan and portfolio.” https://youtu.be/fBiKKwg_JWQ Week In Review Articles The WSJ: FedEx Stock Tumbles After Warning on Economic Trends The WSJ: Stocks Suffer Worst Day Since June 2020 The WSJ: Mortgage Rates Top 6% for the First Time Since the 2008 Financial Crisis Coindesk: The Ethereum Merge Is Done, Opening A New Era For The Second-Biggest Blockchain The WSJ: Patagonia Founder Is Giving His Company Away in Pledge to Fight Climate Change https://twitter.com/SahilBloom/status/1571137341997318147 Weekly Mixtape Morgan Housel: Three Big Things: The Most Important Forces Shaping the World "People like to talk about new technologies and innovations, because that’s fun. Demographics aren’t fun. But they’re going to be as important, if not more, to overall economic growth than most innovations over the coming decades." Jim O'Shaughnessy: The Thinker And The Prover "So, let's do this instead—think about what you want your life to look like? Fire up your Thinker and think it through. Then write it, with a pen or pencil on a sheet of paper. When you’re done, read it over and put the sheet somewhere safe. Then, on the next day, do it again but WITHOUT reading what you wrote on the first day. Do this exercise for 10 days in a row. After finishing on the tenth day, review everything you wrote and highlight the items that appear most frequently. Finally, write out a new sheet that contains everything that appeared most frequently in all 10 days.`" A Wealth Of Common Sense: Filling Up Your Dream Bucket "Time is a finite resource for us all but when you know it’s about to run up it can put things into perspective in a way a simple questionnaire could never do." Of Dollars And Data: Should You Invest More After Market Declines "As you can see, across all drawdown thresholds tested, the future returns over the next one, three, and five years are higher than during all other months. If anything, this means that buying the dip in international equities worked better than buying the dip in the US since the late 1980s." Dr. Joy Lere: Unabridged "Everyone you meet is living a story that you know nothing about. Be curious. Have compassion. There are people in your life that want you to witness what they need to share. Show up and shut up. People don't want your trite platitudes or quick-fix solution–they're desperate for your presence." Dr. Phil Pearlman: The Most Boring Superpower Ever "In fact, using energy to exercise is the only thing in the universe that does not follow the laws of conservation of mass and energy, because, somehow, the more energy you use the more you have." Humble Dollar: Tiresome Debates "That raises the obvious question: If what I say is true, why do many folks resist paying down debt? Some may have mortgages or other debt with interest rates that are less than the yield they can earn on bonds, so buying bonds would be the rational choice." The PRST: Life Planning > Financial Planning x Disclaimer: Nothing on this blog should be considered advice, or recommendations. If you have questions pertaining to your individual situation you should consult your financial advisor. For all of the disclaimers, please see my disclaimers page.