Failure is the condiment that gives success its flavor. -Truman Capote
When things aren’t adding up in your life, start subtracting.
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
From ZenHabits on learning to live in the present – The Time When We’ll Be Present & Content
“That great tradition and body of wisdom was accidentally tossed aside in the late 1940s. It’s worth reviving and modernizing it.” – David Brooks – When Cultures Shift
Conditional love and it’s impact on children – Love and Merit
Growing generational divisions are a worrying millennial shift
Investing
The markets reward discipline – try to avoid making you the biggest threat to your portfolio – The Biggest Threat To Your Portfolio
Swedroe on hedge fund performance – Mystery Of Hedge Fund Survival
A story evidencing the virtues of diversification – Cast in Iron
What would you do with an extra $250,000? Give it to your bank’s mutual fund department? – What would you do with an extra $250,000?
Patience needs to be measured in decades – The Impact of the Tech Bubble on Future Returns
Things People in the Finance Industry Don’t Want You to Know
Planning
Always be thinking about buffering yourself for a crash – Are We In Another Financial Bubble? Valuations Look Stretched
Budget sees changes to TFSAs, RRIFs & new tax credits for seniors
Why some insurance policies are more expensive than others?
Wisdom from Behaviour Gap – Do your Values Align with your Money & Time?
You can actually increase your contribution to your TFSA right now rather than waiting for the law or the next election – Bump-up for TFSA in 2015 doesn’t have to wait for the budget to be passed
Financial literacy for kids
Talking to your kids about money – cool infographic – Kids & Cash: Tips for Managing the Piggy Bank
Caveman Living
From Marks Daily Apple – How to Get Your (Health) Groove Back
This time last year
