Tuesday, August 31, 2021

Links for August 2021

Free books from financial educator Paul Merriman and his co-author Richard Buck: http://paulmerriman.com/freebooks/
    Note that this now includes their latest from 2020, We're Talking Millions: 12 Simple Ways to Supercharge Your Retirement. Generous indeed! And I should take the opportunity to plug my interview with Mr. Merriman.

A candid assessment of owning real-estate vs. index funds, from an investor in Singapore: https://www.firepathlion.com/buy-property-to-rent-out-or-invest-in-index-funds/

Apparently, the market's last 3 years have been crazier than we realized: https://www.mindfullyinvesting.com/three-years-of-investing-insanity/

Learn from this mistake: https://www.mouthymoney.co.uk/saving/how-my-father-lost-his-life-savings-by-making-one-fatal-investment-mistake/

Abigail Disney pulls back the curtain on how the ultra-wealthy think: https://www.theatlantic.com/ideas/archive/2021/06/abigail-disney-rich-protect-dynastic-wealth-propublica-tax/619212/

A 10-year performance record is still basically random: https://www.evidenceinvestor.com/a-ten-year-record-is-random-noise/

A great review of historical data on stocks vs. bonds: https://www.mindfullyinvesting.com/articles/6-what-to-invest-in/6-1-historical-returns-and-risks/

"Endless desire is one of the pitfalls of human nature, and one of the first things you need to cure if you want to get ahead more quickly."
-Mr. Money Mustache, in the Foreword to the revised and updated 2018 edition of Vicki Robin and Joe Dominguez's classic Your Money Or Your Life

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