Simplicity is not a simple thing. – Charles Chaplin
The real measure of our wealth is how much we’d be worth if we lost all our money. – Jowett
We love to read and share – here’s some notable things from the last week covering life, investing, planning, financial literacy for kids and caveman living plus a look at what we were up to this time last year.
Perspective
You don’t have infinite money. Spend it on stuff that research says makes you happy – The Science Of Why You Should Spend Your Money On Experiences, Not Things
I am such a sucker for these ads – good stuff as we head into the Masters weekend. – Just do it!
What would you do if you could retire early? – Advantages to Retiring Early – Crazy But Fun Perks
A stress-free approach to reducing your stress? – Reduce Your Stress in Two Minutes a Day – Harvard Business Review
Not just for young people! Wisdom from Leo – A Guide for Young People: What to Do With Your Life
How the founder of Songify shook things up for the better and simpler – Why a Tech Entrepreneur Got Rid of All Her Possessions and Lived as a Nomad for a Year
Joseph Campbell on finding your bliss – How to Find Your Bliss: Joseph Campbell on What It Takes to Have a Fulfilling Life
Investing
It would take you months to read all the evidence for passive investing. This from Vanguard will take 30 minutes – The Case for Index-Fund Investing
Should anyone be in active funds? Opinion from the New York Times – Measure for Measure, Index Funds Rule
We don’t need a Nobel laureate to explain the math that makes passive superior. Here’s one anyway – William Sharpe: an unsung hero of passive investing
“A patchwork quilt embroidered by a drunken, colourblind sailor. This table teaches a vital lesson” – 15 year table of asset class returns
The government is considering doubling the current TFSA contribution limit to $11,000 – What an $11,000 TFSA limit means for your retirement
With hand stuck in the jar and crumbs on the lips, it’s amazing how boldly people say, “I didn’t eat the cookie…” – Clients Accuse $1.2B Ex-Merrill Advisor of Unauthorized Trades, Overcharging
You have to educate yourself and ask who is getting paid what and how – Small investors blame losses on brokers they once trusted
Of the thousands of actively managed mutual funds in the US, how many rode out the bull market? – Just two mutual funds rode out bull market
Planning
The latest from Chalten – Going up a 264 rung ladder? Risk is a very personal thing.
It’s tough being the sandwich generation – give yourself a boost by trying to avoid some basic mistakes – 7 retirement mistakes Gen X’ers are making
If you need a handy compilation of all key account limits and payouts – Personal finance cheat sheet
What does financial independence really mean? – Jon Chevreau – The elusive definition of financial independence
Financial literacy for kids
Money lessons your kids learn from you will stick – Bad money lessons parents don’t know they’re teaching
Caveman Living
The caveman king Mark Sisson on what’s important – Do You Value Experiences Over Things?
Free range kids built to adapt – How to Raise Creative and Self-Reliant Free-Range Kids
This time last year
