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
