Investing

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This month, I’d like to highlight the following, with a theme of investing. Firstly, I want to share Bona Fide’s Investment Philosophy, upon which these recommended resources build:

  • Read: Dimensional has a concise recap on Recent Market Volatility. I echo their advice: by adhering to a well-thought-out investment plan, ideally agreed upon in advance of periods of volatility, investors may be better able to remain calm during periods of short-term uncertainty.
  • Listen: In this Money For the Rest of Us podcast by David Stein, he discusses what it takes to be a value investor, educating the listener on what drives the long-term performance of stocks, what the qualities are of skilled value managers, and what risk is. 
  • Watch: Is compound interest the greatest invention the world has ever seen? Watch this brief video to increase your understanding of how compound interest works in the realm of investing, and to garner Albert Einstein’s own thoughts on it!

If you find the information provided valuable, please pass this email along to your family and friends! Better yet, recommend them to subscribe to this monthly newsletter by signing up on our website!

You can click on the links below to access this month’s resources. Thanks for reading, listening, and watching!

Financial Independence and Early Retirement

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This month, I’d like to emphasize the processes one would go through if he or she wants to retire early (and by early I don’t just mean at age 62.5!). Enjoy the following pieces on this topic:

  • Read: Early Retirement Extreme is, well, an extreme look at retiring early. Jacob Lund Fisker wrote a book of the same title and has a plethora of information on his website, including this article on Can I Retire Young? In sum: the main question you should ask yourself is thus not whether you have enough money, but rather whether you can envision yourself living an unconventional life outside the boxes that most others live in. Can you be happy without doing what everybody else is doing?
  • Listen: The Shocking Truth About Life After Financial Independence is a podcast interview between Financial Mentor Todd Tresidder and Tess Vigeland, former host of NPR’s Marketplace Money. They discuss what stands on the other side of your career and how to embrace the risk and uncertainty, living life as an adventure. 
  • Watch: This 26-minute video of Peter Adeney (from Mr. Money Mustache, who retired at the age of 30) highlights 3 facts about money that helps the viewer understand what best to do with it to be able to retire early.

If you find the information provided valuable, please pass this email along to your family and friends! Better yet, recommend them to subscribe to this monthly newsletter by signing up on our website!

You can click on the links below to access this month’s resources. Thanks for reading, listening, and watching!

Economics and Trade

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This month, I’d like to highlight the following, with an emphasis placed on economy and trade:

  • Read: This article from Vanguard focuses on free trade, its contribution to the global economy, and how it involves a compromise between growth and jobs.
  • Listen: For a seesaw to work properly, you need at least two people–one on each side. When looking at the economy, we should always be asking, “Who is on the other side of the seesaw?” In this podcast by David Stein, he applies the seesaw analogy to federal budget deficits, the national debt, and trade.
  • Watch: How does the economy really work? This simple but not simplistic video by Ray Dalio (founder of Bridgewater Associates), shows the basic driving forces behind the economy, and explains why economic cycles occur by breaking down concepts such as credit, interest rates, leveraging and deleveraging. 
    For the heartiest of hearty, if you’d like to read a fuller treatment of the video, check out Dalio’s 300-page essay here.

If you find the information provided valuable, please pass this email along to your family and friends! Better yet, recommend them to subscribe to this monthly newsletter by signing up on our website!

You can click on the links below to access this month’s resources. Thanks for reading, listening, and watching!

Tips On Financial Investing, Vehicles, and Your Paycheck

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This month, I’d like to highlight the following resources on investing, vehicles, and your paycheck cycle:

  • Read: Have you ever wondered what the benefit is of having a financial advisor for your investments, especially if you’re a do-it-yourselfer? This Vanguard client brief explains how financial advisors create value for investors.
  • Listen: Car leasing is the most expensive way to operate a vehicle. Car leasing is the cheapest way to operate a new vehicle. Both of those statements are true. In this podcast, Joshua Sheats explains why, and he explains how to get out of a lease if you have one.
  • Watch: Did you know that 80% of Americans live paycheck to paycheck? In this short video, Jesse Mecham provides several litmus tests for gauging which side of that percentage you fall into.

If you’re interested in meeting with me about any of these or other financial questions, let’s set up a time to talk!

Investment Portfolio Resources

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This month, I’d like to highlight the following:

  • Read: This short article “Investment Shock Absorbers” from Dimensional communicates the need to diversify your portfolio and identify the right mix of investments, all of which helps you keep on track toward your investing goals.
  • Listen: In this podcast hosted by Meb Faber, he discusses “Why ‘Shareholder Yield’ Beats ‘Dividend Yield'”. Shareholder yield provides investors a more holistic perspective on the degree to which corporate managers are sharing profits with investors. This strategy has posted better historical returns than dividends alone. How much better? Listen to the podcast to find out!
    • Bonus Listen this month: YNAB has come out with a couple new jingles on budgeting and expenses. Treat yourself to the catchy tune Budget More!
  • Watch: Jon Stein, founder and CEO of Betterment, had a brief interview with Stephen Dubner, host of Freakonomics Radio, highlighting his findings from behavioral economic research about how to think outside the box and invest better.

This March newsletter is focused on investing; if you’d like to learn more about how I can assist you with putting together a great portfolio, set up a time to discuss this with me!