“In the end we only regret the chances we didn’t take.”
“Never be afraid to try something new. Remember, amateurs built the ark. Professionals built the Titanic.”
We love to read and share – here’s some notable things from the last week covering life, investing, planning, and financial literacy for kids plus a look at what we were up to this time last year.
The time value of time – A Year Isn’t A Year
How to implement change from Zen Habits – Determined to Change
What is important and what is not – Is it meeting your needs…
Very relevant for investors – “ask what evidence would make them change their mind…” – How to win an argument with a scientist
“In a perfect investing world, we’d all respond like robots. The markets go up, we’d know it’s time to sell. The markets go down, we wouldn’t have any problem buying.” – Understand the Emotion in Your Financial Decisions
Diversification is often referred to as the only “free lunch” in investing – Diversify Globally To Limit Risk
“We will drop the gloves.” Are Canadians too polite when it comes to investing? – “You throw the first punch, we will drop the gloves. Oh yeah.”
Buying company stock at a discounted price can be worthwhile—if you remember to diversify as soon as possible – Should I Own Stock in the Company Where I Work?
A disciplined portfolio keep us from overreacting and hurting the long-term positive return we all need to retire well – Time In The Market, Not Market Timing
Decisions that make your present-self happy and content might have dire consequences for your future-self – The Battle Between Your Present And Future Self
Better to think about this now so that you’re ready to behave properly – Do the Drill: A Lifeboat for Investors
How to keep lifestyle inflation (more you make, more you spend) from sabotaging you – ‘Lifestyle Inflation’ Is Sapping Your Savings
“Following through with it is where most people run into trouble” – The Four Pillars of Retirement Savings
Financial Literacy for Kids
Words of wisdom from Mr Money Moustache – What I’m Teaching my Son about Money
This time last year
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