Links for June 2021
Morgan Housel writes at Collaborative Fund. He's always insightful, and I enjoy reading his work! The short stories herein all have valuable lessons for all of us: https://www.collaborativefund.com/blog/a-few-short-stories/
- My favorite line? At the end of the story about the blind woman: "Every goal you dream about has a downside that’s easy to overlook." Wise words!
What's wrong with America? Philip K. Howard has a compelling and logical answer: https://www.city-journal.org/america-needs-new-approach-to-regulation
3D printing in 1989?! Yep: https://www.youtube.com/watch?v=NpRDuJ5YgoQ
Just recently discovered Lyn Alden, and she could have had a high-paying career doing investing research for a big corporate bank! I'm glad she didn't:
https://www.lynalden.com/international-stocks/ and https://www.lynalden.com/contrarian-investing/
Glad I'm not alone in thinking Lyn Alden's research is top-notch: https://www.undervalued-shares.com/weekly-dispatches/blogs-to-watch-part-1-lyn-alden/
Interesting information on the average American household budget: https://www.valuepenguin.com/average-household-budget
Another good illustration of why your personal home is NOT an investment: https://freddysmidlap.com/2020/01/10/paid-off-your-house-congratulations-you-still-have-to-pay-to-live-there/
Along similar lines: http://jlcollinsnh.com/2013/05/29/why-your-house-is-a-terrible-investment/ and https://froogalstoodent.blogspot.com/2018/04/want-to-be-rich-dont-buy-house.html
Great insight into why you should always take advice with a grain of salt, even if it's from someone who is successful: https://alawyerandhermoney.com/financial-advice-is-wrong/
An interesting look at investing during an abrupt market downturn: https://www.brewingfire.com/how-im-investing-the-crisis-part-i/ and https://www.brewingfire.com/how-im-investing-the-crisis-part-ii/
Excellent advice on how to get a raise, from someone who's been in a position to know: https://steveark.com/2020/10/02/so-you-want-a-raise/
