Winning?

 They say 'he who dies with the most stuff wins.'

But maybe he who lives with the least stress is the real winner.

Links for January 2024

Links for January 2024

A nice explanation that encapsulates why I'm not buying a home right now: https://www.morningstar.com/portfolios/why-i-dont-own-home

• Also see: https://jlcollinsnh.com/2023/03/02/why-your-house-is-a-terrible-investment/ and https://froogalstoodent.blogspot.com/2018/04/want-to-be-rich-dont-buy-house.html

Are the markets stacked against the little guy? Depends on your investing style: https://awealthofcommonsense.com/2023/07/are-the-markets-stacked-against-the-little-guy/ 

Interesting food for thought: https://ritholtz.com/2023/07/contrarian-inflation/

This guy is really insightful, and has a great way of explaining things: https://www.joshuakennon.com/the-laffer-curve-for-beginners/

A good list! https://filledwithmoney.com/rich-mindset-vs-poor-mindset/

SECRET: how to invest like the 1%! [Spoiler alert: if you're a regular reader of this blog, or if you're at all involved in the online FIRE community, you probably already are, at least for the most part]: https://awealthofcommonsense.com/2023/07/how-to-invest-like-the-1/ 

Another high-income earner crying poverty (*eye roll*): https://www.joshuakennon.com/elie-mystal-says-250000-doesnt-make-him-rich/

Good take on what financial wellness means: https://www.annuity.org/personal-finance/financial-wellness/

Interesting ways to think about wealth: https://awealthofcommonsense.com/2023/07/some-other-forms-of-wealth/

An oft-ignored point (sometimes, even including yours truly): https://ritholtz.com/2020/01/bbrg-shunning-new-cars/

Interesting idea, and I think you could make a strong case for doing something like this (although I, personally, do not): https://awealthofcommonsense.com/2023/07/investing-100-of-your-portfolio-in-stocks/

Raises for me, but not for thee: https://www.mediaite.com/news/reporter-confronts-gm-ceo-about-her-growing-30-million-salary-why-should-your-workers-not-get-the-same-pay-increases/

This is 'avocado toast' guy, now saying we need unemployment to increase by 40-50% (in Australia, it's currently 3.7%; so he's calling for that figure to increase to about 5.2-5.5%) to remind people that employers are the ones calling the shots: 

• And it's very interesting to note how he got his money: https://www.afr.com/rear-window/gurner-got-his-start-with-loans-from-his-boss-grandfather-20230913-p5e48z

Another good one from Ben Carlson: https://awealthofcommonsense.com/2023/11/we-dont-understand-how-inflation-works/