Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Tuesday, August 18, 2020

Links for August 2020

I don't normally watch a ton of YouTube videos, because there are too many time-wasters out there. But this video made a ton of great points about money, capitalism, and time.
    https://www.youtube.com/watch?v=6mRbDEtDoyA
*I'd note that the person who made this video missed one crucial element: risk tolerance. Sure, everything he says makes sense. But it doesn't make sense for just anyone to start a business. And he missed that crucial element.

Remember when everybody was panic-buying toilet paper and paper towels? This analysis provides some insight into why:

ASUS Vivobook 15 - $499
*A little light on the storage space, but it's pretty powerful for the price, and there are a number of options for extra storage.

 


Laws like this are exceedingly scary for homeowners:

How rich are Americans, by age group? 

Hey Americans, interested in what happens to your tax money? You might be surprised where the military ranks in this list...

A snapshot into the financial picture of "John," someone who retired in 2018 and is looking for income:

Tips to help you retire, regardless of what the economy is doing at the moment:


Steve Adcock and his wife retired early, in their thirties. He offers some advice to help the rest of us retire, as well:

Along similar lines as the above:

For some perspective on the REAL point of having money:

This post makes an important point about the power of emotions:

Scared to invest? Don't be. Here's why:

The best Vanguard funds:

Be on guard against financial abuse:

Entrepreneurship isn't necessarily all it's cracked up to be:

Possibly the single most succinct summary of the FIRE movement:

How much money do Americans think it takes to be financially comfortable? And how has COVID-19 changed that?

How should you invest? Ty of CampF.I.R.E. Finance describes one solid approach—index and chill:

Thursday, May 14, 2020

Blog roundup May 2020

Blog roundup/interesting links May 2020

A great summary of the FIRE movement:
https://www.thousandaire.com/its-all-about-creating-income/

I've linked this before, but it's worth including again:
https://www.wealthwelldone.com/how-can-i-change-my-life/
     -And while we're using allegorical stories:
     https://froogalstoodent.blogspot.com/2017/01/a-tale-of-two-kingdoms.html

A sound planning session with Inspire to FIRE:
https://www.inspiretofire.com/recession-investment-plan/

The benefits of FI:
https://www.physicianonfire.com/the-benefits-of-financial-independence

Though I don't usually condone day trading, a little information about good, debt-free companies won't hurt. To that end, this is one part of a series on debt-free companies. I like the analysis, though it's not actually influencing my own investing decisions:
https://seekingalpha.com/article/4339254-debt-free-companies-of-s-and-p-500-jack-henry-associates

Some good guidance on how to handle a dip in the stock market if you're planning to retire soon; good advice to hear if you're worried about how the COVID-19 economic slowdown will affect your ability to retire:
https://www.moneytalksnews.com/retire-even-when-the-economy-heads-south/

Jim Collins is ALWAYS worth reading and considering. This one is particularly notable for a great line by Jon Older, in his 8:54 PM comment: "Like a famous person once said, money is like a bar of soap. The more you handle it, the smaller it gets." Great stuff!

How does Japan deal with its extreme population density, especially in Tokyo? Micro-apartments!

Another dose of sanity, this time from Mr. Money Mustache:
-The money quote: "But in this situation, it really helps to understand the big picture of what is actually going on. The world is not ending. The air outside your windows is not a swirling cloud of certain death. All that has changed is that we are in a self-imposed economic slowdown that has been created purely to save the lives of our most vulnerable people. Which is one of the most compassionate things our society has ever done." [emphasis in original]
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