What makes you itch? Weekend reading worth jumping into.

Stoicism – “Imagine smiling after a slap in the face. Then think of doing it twenty-four hours a day.”  – Markus Zusak, The Book Thief

Go for it

We love to read and share – here’s some notable things from the last week covering investing, financial planning and happiness.


10 Things I Believe About Investing – “4. I believe self control can make you far more money than just about any other trait as an investor.”

Explaining Investing In Ways That Make Sense – “Asset management is like politics. Just as much, if not more, effort is spent fundraising than for actually working for clients/constituents.”

Buffett’s Advice Widely Respected, Seldom Followed – “knowledge is the armor that can protect you from making bad decisions”

Polling financial literacy: results both encouraging and worrisome – “investors still need to take responsibility to increase their own awareness and to educate themselves”

Who wouldn’t like to see Ricky Gervais starring in “The Investment Advisor”? – “a satirical poke at the investment industry which is pretty spot on target” 

Historical Returns Versus Investor Returns – “returns are always easier looking in the rear-view mirror than they were at the time” 

Investors have a powerful friend but study shows they also have 2 fairly formidable enemies – “Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” – Einstein

How to win at investing — Video 1/10 – “By refusing to speculate, by investing instead in a broadly diversified portfolio of low-cost index funds, and simply staying the course, a typical investor can ensure that he or she will end up, after costs, as one of the winners.”

How to win at investing — Video 2/10 – “the crucial importance of fees and charges” 

How to win at investing — Video 3/10 – “Last time we looked at the damaging effect of compounded fees and charges on investment returns. Part 3 examines the performance that actively managed mutual funds typically deliver.”

Financial Planning

What our fathers taught us about money – “Here are the best bits of advice MoneySense staffers’ dads have shared with them.”

How to Create a Savings Habit for Your Kids – “Many of the traits that make us successful as adults were learned as children” 

How the wealthiest got rich may surprise you – “disciplined planning, regular rebalancing, making sure the portfolio is age-appropriate” 

How Money Destroys Relationships – “people who see money as it is—a lifeless but effective tool—typically end up managing it better”


Happiness is the only logical pursuit  “by simply pausing before each major life decision and comparing it to our real goal of a happy, satisfying life, we can keep the ship moving in a better direction and thus get more from life”